Contenu connexe Similaire à Yellow Pages Industry Monitor (Issue 8, July 2009) (20) Plus de Global Media Market Intelligence (G2Mi.com) (13) Yellow Pages Industry Monitor (Issue 8, July 2009)1. © Heernet Ventures Limited 2009
Yellow Pages Industry Monitor
Monitoring industry and company developments in the global yellow pages and local search Industries
| Fortnightly newsletter | Issue No. 8, Published 24th
July 2009 | Published by Heernet Ventures Limited (heernet.com) | Subscribe at G2Mi.com |
News
Infoserve Group Plc announces FY09 results
Google launches voice-based mobile search in India
GetFugu appoints new Chairman
Telekom Slovenije acquires 100% stake in Najdi
Optimus launches free GPRS local search application in partnership with Digital Minds
Just Dial gets funding from Sequoia Capital
Monetelize launches Yellowtel, a directory service
Mobile Commerce launches Monetised search service in the US
Yell Group launches online video channel and publishes quarterly results
Data
Share price performance
Deal sheet (Feb - July 09)
Yell Group – quaterly results
The view from Europe….North America…..Asia……Latin America……Middle East…………...
Heernet Ventures publishes this newsletter as part of its research coverage of the yellow pages industry. You can access more research on the
yellow pages industry from our research website at G2Mi.com.
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analysts based in both Europe and Asia, we are well placed to provide ‘on the ground’ assistance and support in most countries.
Over the last five years, we have worked on a number of advisory assignments in the industry on areas such as growth strategy, product
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For an initial discussion, please contact us on +44 (0) 208 180 7223 or by email on service@g2mi.com.
2. YELLOW PAGES INDUSTRY MONITOR
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News
Infoserve Group Plc announces FY09 results
17th July 2009
Infoserve has announced its financial result for the year
ended March 2009. The company’s revenue increased 20%
to £5.6 million. Approximately 99% of revenue was
generated in the UK and the rest in Europe.
Infoserve Group Plc is an online local search engine
provider based in the UK. The company was incorporated
in 2006 and is listed on the AIM market. The company
operates cityvisitor.co.uk, an online business directory in the
UK.
£ '000 2008 2009 % Change
Revenue 4,651 5,595 20.3
Operating loss (2,697) (812) -
Net loss (2,945) (992) -
Google launches voice-based mobile search in
India
20 July, 2009
Google India has launched a voice-based mobile search
service in India available to 400,000 Blackberry users in
English. The company launched an SMS-based search
service in Hindi and Telegu earlier this year. It plans to add
other value-added services such as social networking,
Google maps, and voice- and Internet-based searches on
mobiles.
GetFugu appoints new Chairman
22nd July 2009
GetFugu Inc., a mobile search company, has appointed
Michael Jay Solomon as the new Chairman of the Board.
Solomon was previously President of Lorimar-Telepictures
Corporation and of Warner Bros.
GetFugu Inc., based in the US, provides mobile search tools
and applications such as ARL (See It), VRL (Say It), GRL
(Find It) and Hotspotting (Get It).
Telekom Slovenije acquires 100% stake in Najdi
23rd July 2009
Telekom Slovenije has increased its stake in Najdi, a local
search engine, to 100%. The company had previously
acquired a 75% stake in Najdi for US$11.8 million. Further
details of the acquisition have yet to be disclosed.
Telekom Slovenije is a communications company in
Slovenia. Najdi, a subsidiary of Interseek, offers a network
of local search engines in Southeast Europe through
Pogodak.
Optimus launches free GPRS local search
application in partnership with Digital Minds
23rd July 2009
Portuguese mobile telephone operator Optimus
Telecommunication SA has launched The Amaze, a free
local search application for mobile phones. The application
also provides weather forecasts, maps and voice search
services and has an online presence at amazegps.com.
Just Dial gets funding from Sequoia Capital
23rd July, 2009
Indian telephone and web search services provider Just Dial
has received US$8.2 million in funding from venture capital
firm Sequoia Capital India.
Sequoia Capital India is the Indian investing arm of US
private equity firm Sequoia Capital. Just Dial is a local
telephone and web-based search provider with an 80%
market share in local search in India.
3. YELLOW PAGES INDUSTRY MONITOR
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Monetelize launches Yellowtel, a directory service
23rd July 2009
US technology firm Monetelize has launched Yellowtel, a
directory service for mobile phones. Yellowtel directories
are similar to online yellow pages.
Monetelize provides a .tel technology platform for the
development of local search media within the .tel domain.
Mobile Commerce launches Monetised search
service in the US
23rd July 2009
Mobile Commerce Inc, a mobile search company based in
the UK, has launched its Monetised search service in the
US. Monetised is a popular search service in the UK and
provides search results alongside advertisers’ listings and
links to sites on a publisher’s own portal. Tapu, a mobile
search engine in the US, has signed up for the Monetised
search service.
Yell Group Plc launches online video channel with
VideoJug and declares quarterly results
23th July 2009
Yell.com, a local search engine based in the UK, has
launched an online video channel in partnership with
VideoJug, an online video content provider. The channel
features consumer guideS provided by VideoJug. The
videos are linked to the company’s search engine. For
example, a user searching for a plumber could view a video
guide to plumbing.
Yell Group also announced its results for the quarter ended
30 June (details in the table below).
Yell Group operates directories businesses in the UK, USA,
Spain and Latin America.
4. YELLOW PAGES INDUSTRY MONITOR
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Share price performance
Company name Reuters
Code
Bloomberg
Code
Currency Current
price
% Change
1 mth 6 mth 12 mth
Eniro AB ENIRO.ST ENRO.SS SEK 26.40 -5.71% 33.46% -39.89%
Pages Jaunes PAJ.PA PAJ.FP EUR 7.20 2.49% 3.17% -20.85%
Seat Pagine Gialle PGIT.MI PG:IM EUR 0.175 4.10% -60.47% -70.74%
Telegate TGTG.DE TGT:GR EUR 8.10 11.72% 20.90% -19.80%
Yell Group YELL.L YELL:LN GBP 30.75 28.13% -30.11% -56.69%
Yellow Pages Income Fund YLO_u.TO YLO-U:CN CAD 5.06 -5.42% -18.52% -48.26%
Yellow Pages (Singapore) YELP.SI YPG:SP SGD 0.365 12.31% 108.57% -45.93%
Date updated: 24th
July 2009
5. YELLOW PAGES INDUSTRY MONITOR
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Deal Sheet
A summary of recent key deals and joint ventures.
Date Sub Sector Investor Investee Terms Details
February
2009
Directories Yellow Pages New
Zealand
APN News and
Media Ltd
N.A. APN News and Media sold online business directory FindA.co.nz
to Yellow Pages New Zealand.
February
2009
Directories Helion Venture
Partners
GETIT Infoservices
(P) Ltd
INR200
million
Helion Venture Partners invested in GETIT Infoservices (p) Ltd, a
yellow pages and directories publisher, to expand GETIT's
services across the country.
March
2009
Directories Eniro AB Oreo AB SEK6.6
million
Swedish search and directory services provider Eniro AB acquired
Oreo AB, a local public procurement services company.
March
2009
Directories Yellow Pages
(Singapore)
Insis (IE Singapore
Holdings)
US$6.0
million
Yellow Pages (Singapore) acquired a stake in Insis, a wholly
owned subsidiary of IE Singapore Holdings.
April
2009
Directories LocalTel Shamrock Media
Incorporated
NA LocalTel, a directory publisher, acquired Shamrock Media
Incorporated, another directory publisher.
June
2009
Mobile local
search
Multiplied Media UnoMobi Group NA Multiplied Media Corporation Group is a mobile local search
service provider in Calgary. UnoMobi is a mobile software
development company.
June
2009
Directories Herold Business
Data GmbH
Tupalo.com NA Herold Business Data GmbH acquired a 24% stake in
Tupalo.com. Herold Business Data GmbH is a yellow pages
publisher in Austria. Tupalo.com offers international social yellow
pages services.
June
2009
Directories JLA CP Holding
Inc.
ZipLocal Inc. $2.4 billion JLA CP Holding Inc. is a private Ontario corporation. ZipLocal is
a Canadian local search engine.
July
2009
Directories LB2 Group Ltd. Ketchum Directory
Advertising
NA Ketchum Directory Advertising, a wholly owned subsidiary of
Omnicom Group Inc., is a directory advertising agency in the US.
July
2009
Directories Local Insight
Yellow Pages Inc.
The Berry
Company
NA Local Insight Yellow Pages Inc. publishes directories in print and
online. The Berry Company provides local search solutions. Both
companies are subsidiaries of Local Insight Regatta Holdings.
July
2009
Search
engine
Telekom Slovenije Najdi NA Telekom Slovenije is a communications company in Slovenia.
Najdi, a subsidiary of Interseek, offers a network of local search
engines in Southeast Europe through Pogodak.
6. YELLOW PAGES INDUSTRY MONITOR
Information and analysis on the
global media industry
We publish a wide range of reports and market data on the global media industry. Details on the publications can be
viewed at our online research shop (shop.g2mi.com). In addition to our publication
research and consulting assignments for clients. Our client base includes leading media companies, private equity firms
and investment banks.
Contact details: Tel: +44 (0) 208 180 7223 | Email: service@g2mi.com | Offices in London and Gurgaon (India)
YELLOW PAGES INDUSTRY MONITOR
© Heernet Ventures Limited. All Rights Reserved
Information and analysis on the
global media industry
We publish a wide range of reports and market data on the global media industry. Details on the publications can be
viewed at our online research shop (shop.g2mi.com). In addition to our publications, we can undertake bespoke
research and consulting assignments for clients. Our client base includes leading media companies, private equity firms
Contact details: Tel: +44 (0) 208 180 7223 | Email: service@g2mi.com | Offices in London and Gurgaon (India)
Information and analysis on the
We publish a wide range of reports and market data on the global media industry. Details on the publications can be
s, we can undertake bespoke
research and consulting assignments for clients. Our client base includes leading media companies, private equity firms
Contact details: Tel: +44 (0) 208 180 7223 | Email: service@g2mi.com | Offices in London and Gurgaon (India)
7. YELLOW PAGES INDUSTRY MONITOR
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Data
Yell Group Plc results and operational data for Quarter ended June 2009.
2009 Q1 2009 Q1 2010 % Change
FINANCIALS
GROUP DATA
Total revenues (£ million) 2,397.9 468.4 475.3 1.5%
EBITDA
Yell UK 266.7 68.8 60.4 -12.2
Yellow Book US 563.7 117.6 106.9 -9.1%
Yell Publicidad 248.0 186.00 209.20 12.5%
Total adjusted EBITDA 816.1 154.8 148.0 -4.4%
Yell UK
Revenues (£ millions)
Total UK print directories 504.4 127.3 105.2 -17.4%
Other services (online directory) 164.5 39.4 42.8 8.6%
Total UK Revenues 692.1 173.3 153.8 -11.3%
Total UK EBITDA 266.7 68.8 60.4 -12.2
Yellow Book (USA)
Revenues (US$ million)
Online - total 227.3 115.10 227.30 97.5%
Print 1,735.2 1,894.10 1,735.20 -8.4%
Total US Revenues 1,962.5 2,009.80 1,962.50 -2.4%
Total US EBITDA 563.7 292.40 340.20 16.3%
Yell Publicidad (SPAIN, LatAm)
Total Yell Publicidad Revenues (£ millions) 620.7 485.40 523.60 7.9%
Total Yell Publicidad EBITDA 248.0 185.90 209.20 12.5%
OPERATIONAL DATA
UK Information
Total number of live advertisers (at period end, 000s) 455,000
Print:
Unique advertisers 390,000 115,000 100,000 -13.0%
Directory editions published 113 29 29 0.0%
ARPA (£) 1,293.00 1,107.00 1,052.00 5.0%
Online:
Yell.com searchable advertisers (Year-end) 217,000 210,000 215,000 2.4%
No. of unique visitors (millions) for June 10.70 9.00 10.40 15.6%
AR per Searchable Advertisers (£) 772.00 712.00 785.00 10.3%
USA Information
Unique advertisers 634,000 164,000 141,000 -14.0%
Directory editions published 996.00 176.00 177.00
ARPA (US$) 2,737.00 2,170 2,155 -0.7%
Renewal rate 68.0% 73.0% 69.0%
YellowBook.com
Searchable advertisers 366,000 374,000 379,000 1.3%
Unique visitors (millions) for June 16.80 11.90 16.80 41.2%
Spain Information
Directory editions published 89 21 21
Revenue per unique advertiser (€) 881 678 571 -15.85
Internet
Searchable advertisers 116,000 173 126 -27.2
Unique visitors (million) for June 6.90 5.7 6.6 15.8%
Revenue per average searchable advertiser (€) 329 179 392 119.0%
Source: Company website
8. YELLOW PAGES INDUSTRY MONITOR
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