Browse > Home /

| Subscribe via EMAIL | Or RSS

RBI staff vote against further industrial action

February 27th, 2009 | No Comments | Posted by Laura Oliver in Job losses, Magazines

National Union of Journalist (NUJ) members at Reed Business Information (RBI) have voted against further industrial action following a strike ballot at the publisher.

In the Wednesday ballot, 111 voted against further action being taken in response to proposed merger of production desks at Flight International, ICIS and Contract Journal and issues of compulsory redundancies.

According to an internal memo seen by Journalism.co.uk, the NUJ chapel will meet with the company again on March 4 to discuss new offers to staff, with separate meetings to be held for members at New Scientist and Estates Gazette.

In the ballot, 64 NUJ members voted in favour of taking industrial action.

Last month the group announced 35 staff redundancies in the UK, citing ‘long-term structural needs’ and the new challenges of the economic downturn.

Parent company Reed Elsevier recently extended loan arrangements for its $2 billion debt.

In December Reed terminated the sale of magazine arm RBI, as a result of ‘the recent deterioration in macro-economic outlook and poor credit market conditions’.

Tags: , , , , , , ,

Similar posts:

FT.com: RBI publisher may extend loan debt

February 16th, 2009 | 2 Comments | Posted by Laura Oliver in Editors' pick, Magazines

Reed Elsevier, parent company of Reed Business Information (RBI), is close to completing a deal that would grant a three-year extension of $2 billion of loan debt.

Full story at this link…

Tags: ,

Similar posts:

Tracking UK newspaper share prices with Twitter

December 22nd, 2008 | No Comments | Posted by Laura Oliver in Handy tools and technology

With a little a lot of help from our friends (take a bow Headshift’s Tim Duckett) there’s a new Twitter kid on the block – @jocoukshares.

Following Trinity Mirror and Johnston Press’ exits from the FTSE 250, the aim is to provide almost real-time share price information for the newspaper and magazine publishing groups currently listed on the FTSE.

Below is a key to the company names:

FUTR – Future Publishing

CAU – Centaur

TNI – Trinity Mirror

INM – Independent News & Media

REL – Reed Elsevier

PSON – Pearson

JPR – Johnston Press

DMGT – Daily Mail & General Trust

INF – Informa

NWS – News Corp

Tim’s made stirling progress with setting up feeds of the share prices to Twitter and there’s no reason why this couldn’t be expanded beyond newspapers and mags in the future.

However, suggestions about a ‘front-end’ for the project are welcome. Building a newspaper-share-price-feed-tracking widget will probably be one of my Christmas Eve tasks – any suggestions?

Tags: , , , , , , , , , , , , , , , , , ,

Similar posts:

Timeline of RBI sale

December 8th, 2008 | 1 Comment | Posted by Laura Oliver in Magazines

Since announcing the ‘divestment’ of magazine publishing arm Reed Business Information (RBI), the sale by parent company Reed Elsevier has been the centre of much speculation.

Below is a timeline (created using Dipity) of the events so far – if there are any missing, let me know:

Tags: , ,

Similar posts:

Thisismoney.co.uk: Reed might retain stake in £600m sale

December 8th, 2008 | No Comments | Posted by Judith Townend in Editors' pick, Magazines
ThisIsMoney.co.uk reports that Reed Elsevier 'is understood' to be considering a deal to keep a stake in its £600m business information subsidiary, which it has been trying to sell to private equity firms since February. Full story...

Tags: , ,

Similar posts:

paidContentUK: End of RBI sale coming

November 21st, 2008 | No Comments | Posted by Judith Townend in Editors' pick, Magazines
The RBI sale could soon be over, reports PaidContent:UK - 'it looks like Reed Elsevier will either get less than it hoped or pull the sale altogether.' Full story...

Tags: ,

Similar posts:

MediaGuardian: Bertelsmann will bid for RBI magazines

August 26th, 2008 | No Comments | Posted by Laura Oliver in Editors' pick, Magazines
Bertelsmann has emerged as a potential buyer for Reed Elsevier's B2B magazine arm, Reed Business Information. Full story...

Tags: , ,

Similar posts:

Dow Jones: RBI buyer to be announced by October, says Reed Elsevier

August 21st, 2008 | No Comments | Posted by Laura Oliver in Editors' pick, Magazines
A buyer for Reed Elsevier's B2B publishing arm RBI is expected to be announced in October, a memo from Marianne van Leeuwen, the chief executive of Reed's Dutch operations, has said. Full story...

Tags: , , , , ,

Similar posts:

FT.com: Reed headhunting to replace chief exec Crispin Davis

July 14th, 2008 | No Comments | Posted by Laura Oliver in Editors' pick

Internal and external candidate are being considered in preparation for Sir Crispin’s departure next year.

Tags: , , ,

Similar posts:

RBI Divestment Watch blog closed?

May 12th, 2008 | 9 Comments | Posted by Laura Oliver in Uncategorized

A blog account of developments with Reed Elsevier’s divestment (that’s sale to you and me) of Reed Business Information (RBI) has been shut down.

Started by an operation’s manager at Elsevier’s Total Jobs Group, Divestment Watch was started in March after the sale of RBI was announced in February.

The blog introduced itself as follows:

“What happens when your division is divested (sold)? What will it mean to me? What is the process? How can I prepare myself? That’s the topic of this blog, focussing on the Reed Elsevier sale of Reed Business.”

The most recent posting on the site is from Tuesday last week, but access to the site is now denied (though a cached version can still be seen).

A post on May 2 said the blog was attracting attention from the company:

“Rumour has it that RE and RBI board members have visited DivestmentWatch, and it has even come up during chats with the bankers (UBS) and the consultants (PWC) so it’s nice to know that there are some people interested and hopefully listening.

“DivestmentWatch has had 5000+ unique visitors so far, and averages about 150 to 200 a day, with a regular core readership of about 50-60 (thanks for your support!). I hope that it has helped you in some way.”

Can anyone shed light on why the blog has been removed?

Tags: , , , ,

Similar posts: