Thursday, July 03, 2008

Going, going...CMP is almost gone

The name that is. Back in March, we reported on the demise of the CMP name in the US. Now it's the turn of Europe, with a similar bust-up of the CMP Information business into four divisions.

Two Asia implications for all this:

  1. Asia may now be the only place in the world where the CMP name, originating as it did in Manhasset, Long Island, continues to exist. The branding of the new CMPi isn't clear to me (their web site hasn't been updated yet). As my prediction of a rebranding as CMP O'Asia have not yet come to pass, it looks like it'll continue to exist here for a while. There's a long tradition for that: the Chinese name by which the company is know in the mainland (博华) pre-dates CMP as is the same name used when the business was called Miller Freeman.
  2. Simon Foster, the new CEO of the "International Media" (it's not clear from the announcement whether this is a name or a description) business plays an important role as CMP Asia's partner in the CPhi shows in India and China, and the food ingredients fairs. There's also a connection with his Seatrade cruise shipping events which were originally brought into the company by the Hong Kong Trade Fair Group when it was acquired way back in 1994.
Obviously, not everybody is entirely thrilled with the move. CMPi CEO Gary Hughes is "seeking new opportunities" according to UBM's press release.

No comments: