Trader Media Group

Trader Media Group

Trader Media Group (TMG) is a British-based publishing company, specialising in classified display advertising. It is owned by Guardian Media Group (50.1%) and Apax Partners (49.9%).

Trader Media Group's 72 titles, which have a combined circulation of more than one million copies per week, include the well known motoring titles Auto Trader, Bike Trader, Truck Trader, Top Marques, the boat focused Marine Trader Media, as well as the UK's largest circulating free-ads title AdTrader. TMG also has publications in Ireland, Italy and the Netherlands.

Contents

History

"Trader Publishing" was started in the United States by Stuart W. Arnold, who sold the company years later to Cox Media Group.

After a holiday to the United States, John Madejski, brought the idea behind "Trader Publishing" to the UK, by forming Hurst Publishing with business partner Paul Gibbons in 1977. Hurst launched Thames Valley Trader that same year, and then Southern Auto Trader in 1981.

In 1983, Guardian Media Group approached Hurst Publishing, with intentions of launching similar branded titles in the North of England, rather than competing head to head. Gradually, a group of classified advertising titles evolved that were either wholly owned by Hurst Publishing or by Guardian Media Group, or jointly owned by the two organisations. From 1988 all automotive titles were branded Auto Trader. TMG continued to expand, and in 1995 launched Auto Trader in both Northern and Southern Ireland. Separately, in 1994-96 David Owen Smith launched Top Marques, followed by other national titles inclduing Bike Trader and Truck Trader.

In July 1998, the two partners in Hurst Publishing sold part of their business to the specialist European venture capitalists BC Partners, who approached Guardian Media Group and proposed a merger to form a new over-arching company, which had complete ownership in all titles. Trader Media Group was launched in May 2000.

Acquisitions and expansion

  • 1999 - acquired Classic American, mostly an editorial publication on American motors past and present
  • 2000 - acquired the TNT Group, the market-leading publisher of titles for Australians, New Zealanders and South Africans in the UK.
  • 2003 - BC Partners sold TMG to Guardian Media Group resulting in GMG having full ownership of TMG.
  • 2005 - launched a new weekly publication Fusion Magazine for Central and Eastern Europeans living in the UK. Acquired carzone.ie in Ireland, and the appointed Jerry Fowden as new Chief Executive Officer.
  • 2009 - acquired the motortrade bidding system autotrademail.com, originally developed in 1999 to help members of the motortrade sell and source trade vehicles online in realtime

Controversy

In 2011 TMG became the focus of an online petition by a group called the Motor Traders Advertising Union, proposing a mass pull out by UK motor dealers frustrated by increases in advertising charges.

See also

External links


Wikimedia Foundation. 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Guardian Media Group — Not to be confused with the Guardian Enterprise Group, an American media company (see .2 Network). Infobox Company name = Guardian Media Group plc type = Public (Sole Shareholder: Scott Trust) genre = foundation = 1907 as Manchester Guardian 1993 …   Wikipedia

  • Guardian Media Group — plc Тип Публичная компания Год основания 1907 (как Manchester Guardian, с 1993 существует как Guardian Media Group plc Расположение Манчестер, Англия …   Википедия

  • Guardian Media Group — Groupe Guardian Media Logo de Guardian Media Group plc Création 1907 : Manchester Guardian 1993 : Guardian Media Group plc Fondateur(s) Charles Prestwich Scott …   Wikipédia en Français

  • Paxton Media Group — Infobox Company company name = Paxton Media Group, LLC company | company type = Family owned company slogan = foundation = 1896, Paducah, Kentucky location = 201 South 4th Street, Paducah, Kentucky 42003 USA origins = key people = David M. Paxton …   Wikipedia

  • Trader Classified Media — is one of the largest classified advertising companies in the world. It was founded in 1987 and currently operates over 575 print titles and 56 websites in 20 countries. The company focuses particularly on the automotive, real estate, jobs and… …   Wikipedia

  • Media and Publishing — ▪ 2007 Introduction The Frankfurt Book Fair enjoyed a record number of exhibitors, and the distribution of free newspapers surged. TV broadcasters experimented with ways of engaging their audience via the Internet; mobile TV grew; magazine… …   Universalium

  • Auto Trader — Infobox Website name = Auto Trader caption = url = http://www.autotrader.co.uk type = Automotive Sales Website slogan = the world of cars made easy owner = author = founder = CEO = launch date = 1977 current status = ActiveAuto Trader is an [http …   Wikipedia

  • Groupe Guardian Media — Logo de Groupe Guardian Media Création 1907 : Manchester Guardian 1993 : Guardian Media Group plc Fondateurs Charles Prestwich Scott …   Wikipédia en Français

  • Trader Classified Media — est une société d édition de petites annonces fondée en 1987 au Canada. Cette société a été dissoute le 16 décembre 2008[1]. Données boursières Actions cotées à la bourse de Paris Membre de l indice CAC Mid 100 Code Valeur ISIN = NL0000233187… …   Wikipédia en Français

  • Media in Grande Prairie — This is a list of media in Grande Prairie, Alberta. Contents 1 Radio 2 Television 3 Print 4 Other 5 Reference …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”