Thursday, 13 September 2007

What is Emap?

EMAP plc is a
British media company, specializing in the production of magazines, and the organization of business events and conferences. It also owns several radio and television stations. "EMAP" is an abbreviation of East Midland Allied Press. The company is listed on the London Stock Exchange. After a period as a constituent of the FTSE 100 Index, it has been demoted to the FTSE 250 Index with effect from 16 September 2005.
The group is structurally divided into main branches: "EMAP Consumer Media", "EMAP Communications", "
EMAP Radio" and "EMAP Advertising". On 20 June 2006 "EMAP France" was sold to Italian press group Arnoldo Mondadori Editore S.p.A. for €545 million.

On
29 September 2006, "EMAP France" became officially "Mondadori France". On July 27 2007, Emap announced that it was undertaking a review of the structure of the group in response to receiving a number of unsolicited proposals to purchase parts of the company. The annoucement effectively put the company up for sale, according to a MediaGuardian article published on the subject. This comes at a time when the company is without a Chief Excutive after the sudden departure of Tom Maloney from the company earlier in the year after a series of profit warnings.

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