newsOcean Media Group has responded to claims its Event Production Show has been cancelled by confirming the show and affiliated products are up for sale. In a letter dated 1 May and sighted by EN, Ocean informed exhibitors of the show's cancellation and their right to a refund. "It is with great regret that Ocean Media Group has decided to cancel the event due to take place on 30 to 31 January 2013," the letter stated. "Any monies you have already paid to Ocean Media Group as a form of deposit to secure your stand at Event Production Show 2013 will be refunded to you in full." In a response to EN, Ocean MD David Moran confirmed it is not running a 2013 edition of Event Production Show but said the organiser is negotiating with several bidders to event production show for salethen, he has flagged expansion in the UK and internationally as key ambitions and hinted at forthcoming acquisitions in complementary market sectors. The organiser is focused on the social housing, building, bridal and fashion sectors. In recent months, Ocean has also offloaded its Negotiator and Built IT magazine titles. The future of the UK Venue Show, which debuted this year alongside the Event Production Show, has not been confirmed, but several believe it is unlikely to return. Ocean claimed this year's Event Production and UK Venue shows attracted 3,946 attendees (unaudited), compared to 3,612 last year. There were 250 exhibitors including 90 new companies.General manager of Church House Conference Centre in London, Robin Parker, was one of the inaugural UK Venue Show's exhibitors. "Since the UK Venue Show I have not heard a single word from the organiser, to either say thank you for exhibiting, to talk about next year or even to ask how the show went, so on that basis I am not the least bit surprised it is unlikely to be repeated," Parker said. "From an exhibitor point of view, the show was very poorly attended, and the feedback I have had is that the only people who visited were suppliers trying to sell to the venues. "We signed up as there seemed to be a reasonable logic in trying to build a show in this area following Confex's move to Excel. However, for whatever reason, it just didn't work." clarion drops Baby show for trade after two-year runClarion Events has cancelled its London-based Baby Show for Trade after two editions, citing a lack of sufficient exhibitor and visitor support. In a statement, the organiser said the Olympia-based show, due to be held in October, will be cancelled after extensive market research showed the event was not sustainable. Clarion also claimed growing industry focus on European trade shows in the autumn. Clarion launched the Baby Show for Trade in March 2010 off the back of its successful consumer Baby Show exhibition. The decision to drop the trade version comes two years after Clarion, the Baby Products Association (BPA) and the Harrogate Nursery Fair struck a deal to cancel a proposed October Harrogate show in favour of Clarion's London event. The Harrogate Nursery Fair (pictured) continues to run every March and is organised by the BPA's MD Robert Anslow. "We will continue to work with the nursery trade to deliver our market-leading events, The Baby Shows, evolving 6 www.exhibitionnews.co.ukour current offering and bringing new initiatives to meet demand from both the trade and consumers," Clarion's portfolio director Nicole Muller said. "The BPA has enjoyed working with the Clarion team, which should be congratulated for producing an extremely professional and well-presented trade show for the nursery industry; and provided the platform for the BPA's Concept and Innovation Awards," Anslow added. "It is regretful the Baby Show for Trade is ceasing." they asked me to bear with them, that they were going to come up with an amicable resolution, but they weren't clear on what happened. they used the term 'postponed,' but to me, it was the same thing as cancelled.- Sam Spira, who represents UFC Hall of Famer Randy Couture, responds to news of the postponement of the British Mixed Martial Arts (MMA) Show Live in Birmingham in May to a potential October date. Participants are believed to be investigating a lawsuit against organiser Split Decision to recover money promised for being involved in the event. sell various combinations of the Event Production Show, Event Production Awards, Access All Areas magazine and The White Book supplier directory."Disposal of the events business is part of our process of selling anything in an area where we are not market dominant," he stated. Moran bought back Ocean Media in January with AAC Capital Partners under a private equity deal. Since
newswww.exhibitionnews.co.uk 7Organisers report growth via acquisitionPublicly-listed exhibition organisers have achieved revenue growth via acquisitions and territorial expansion, according to the latest round-up of interim management reports and half-yearly statements. ITE Group reported a 29 per cent revenue rise in the six months to 31 March 2012 to £68.6m, along with a 40 per cent pre-tax increase to £13.1m. This growth was buoyed by acquisitions in Russia and Turkey including MVK, Krasnodar and Turkeybuild, which generated £11.6m. The company noted volume sales in Russia during the first six months were nearly double last year's comparable performance. Turkey also helped Tarsus Group chalk up stronger revenues in recent months. According to its interim results, the sale of lower growth businesses and key acquisitions in China and Turkey helped it develop a portfolio of fast-growth international events in emerging markets, giving it confidence it will reach its target of deriving half its revenues from emerging markets by 2013. Major contributors are IFO in Turkey, which Tarsus acquired last June, and Life Media, with its Ideal Home events in April achieving a 50 per cent revenue rise. The group's forward bookings for the year to 31 December now stand at 65 per cent of anticipated full-year revenues and are tracking 15 per cent ahead of last year. The situation is less rosy in Europe however, where economic and political uncertainty has made Tarsus cautious for the full year in its French division. Reed Exhibitions also noted some slowdown in Europe in its latest interim management report, although good growth was achieved across annual exhibitions in emerging markets. In its first quarter statement, the organiser reported strong growth across annual events in North America, Asia and Latin America, but lower levels year-on-on-year across Europe. At home, stronger sales over the past year gave Centaur's exhibition division a six per cent rise in underlying revenue for the 10 months to 30 April 2012. In addition, the group claimed forward bookings in the next financial year are 32 per cent ahead year-on-year, with a strong pipeline of new launches such as Meetings Show UK in place in 2013.Informa's events portfolio saw revenue growth of 3.6 per cent in the four months to 30 April. The firm's Arab Health, Anti Ageing Congress and private equity event Super Return demonstrated good growth and geographic expansion remains key following launches in Cairo, Sao Paulo and Riyadh this year. "Despite the continued difficult macro economic backdrop, our full-year expectations remain unchanged," said chief executive Peter Rigby. "Trading conditions worldwide are volatile and both the renewal and new subscriber cycles take longer than they used to." In BrIefAEO, PPA jOin fOrcEsThe Association of event Organisers (AeO) has struck an exclusive affiliation with the Professional Publishers Association (PPA). According to the industry groups, the agreement will allow for a host of cross-association benefits including joint events and initiatives, along with the sharing of relevant research and insight. Member companies will also be entitled to discounted rates at affiliate events. "There is a great level of symbiosis between publishing and event organisation, and for this reason it is our wish to greatly enhance the value that we provide to our respective members," the AeO's CeO Karim Halwagi said. The PPA's membership includes 200 publishing companies producing 2,500 consumer and business titles.thE OnE tO wAtchInforma has been awarded 'Ones to watch' status in the The Sunday Times' Best Companies Accreditation 2012 project. now in its 12th year, the list is a well-recognised accreditation based on research from one of the largest surveys of its kind. This is the first year Informa has taken part. More than 246,000 employees were surveyed from 1,082 organisations."This survey is judged by the most discerning of people - employees - and is a mark of employee engagement and the benefits this brings," Informa group human resources director emma Blaney said. scores are based on how people rate their employer on eight key factors: Leadership; My Manager; Personal Growth; wellbeing; My Team; Giving something Back; My Company and Fair Deal. EyE ExPO PlAnnEdnew event organiser emergeXpo is launching an exhibition in the UK aimed at the optical and ophthalmic market. The eye show 2013 will be held at excel London from 12 to 14 February 2013. It will take up a possible 8,000sqm at the venue. The event has been organised as a result of industry demand and feedback, with participation confirmed from the UK, Korea, India, China, Dubai, France and Germany. Conferences and seminars will be included. event organiser Dawn Kime said she came up with the idea of The eye show after her optician claimed there was no London-based event.UBM shareholders in revolt over payGlobal exhibition and media company UBM became the latest publicly listed business questioned over its directors' remuneration after more than one-third of shareholders voted against approving payments.At its latest AGM, 48 per cent of shareholders refused to support the directors' remuneration report, with more than 36 per cent voting against it and 11.4 per cent abstaining.Several national media reports claimed the rebellion came off the back of voting advisers raising questions about UBM's remuneration policies. The reports claim investors had objected to UBM's decision to replace executive performance bonuses linked to retail price inflation, meaning earning per share performance will no longer correlate to UK inflation.Shareholders were also reportedly angered by a share options bonus for chief financial officer Robert Gray worth 150 per cent of his £437,750 base salary. A UBM spokesperson defended its remuneration policies but said it would take careful note of the reaction from shareholders."UBM's executive remuneration policy is designed to reward and incentivise its senior management appropriately," the spokesperson stated. UBM reported an 11 per cent rise in total revenue to £254.2m in the three months to 31 March, while overall operating profit increased 26 per cent to £56.1m. Event revenues grew 46 per cent to £123.1m during the same period. Major contributors included the organiser's first Ecobuild show at Excel London from 20 to 22 March.In other news, UBM Live, organiser of the global IFSEC security and fire events, is extending its reach into Eastern Europe by joining forces on Euroindex's Ukraine security event Bezpeka.