QS acquires Hobsons Solutions in major merger

Press Release: QS is delighted to announce that we have acquired Hobsons Solutions, the leading provider of international enrolment management solutions to universities worldwide, which will be renamed ‘QS Enrolment Solutions’.
QS was founded in 1990 by Nunzio Quacquarelli (CEO, QS Quacquarelli Symonds Ltd) as a student project at the Wharton School with the mission to enable motivated people anywhere in the world to fulfill their potential through educational achievement, international mobility and career development.

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Campus Management Corp. purchases Hobsons’ Admissions Software business

Press release: Hobsons Inc. has sold its Radius, AppReview, ApplyYourself, Connect, and Retain CRM and application management product lines to Campus Management Corp. These solutions are used by more than 700 colleges and universities in the United States and around the globe. The acquisition continues to build out Campus Management’s solution portfolio, making it the largest and best-in-class higher education Constituent Relationship Management (CRM) provider. The company now includes the approximately 100-person, dedicated team of CRM and application management experts from Hobsons who will continue to design, develop, implement, and support these solutions at Campus Management

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Daily Mail looks to sell Metro freesheet

DMGT, which is ultimately controlled by Viscount Rothermere, has appointed boutique advisory firm Cardean Bell to work on a strategic review of the free newspaper, City sources said. Metro, the freesheet that was set up in 1999 and within five years drew a readership of 1m, could change hands for between £25m and £35m

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The far-from-secret shame of diverse DMGT

DMGT has little in common with supposed peers Johnston Press and Trinity Mirror. A forward earnings ratio of 14.2 times suggests the future is rosy. The market predicts deep trouble ahead for the other two, with ratings of 0.7 and 2.2 times, according to S&P Global. If DMGT were shorn of its legacy media interests, it would be rated more like Relx at 18.7 times

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Trinity Mirror lessons for newspapers everywhere

It’s been another ‘bad news’ month for UK newspapers. Just a few weeks after Vice founder Shane Smith predicted a media industry “bloodbath”, Britain’s most successful newspaper group DMGT reported a 16% drop in advertising revenue at the Daily Mail in the six months to the end of March. Even the 20% growth at its Mail Online was scant consolation because annual revenue will not reach the £100m targeted for more than two years. Consequently, the world’s largest English language newspaper site remains far from profitable. Daily sales of the UK’s national newspapers have more than halved to 6.5m in the past 15 years and are still falling. But it is the continuing drain of advertising that panics investors.

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Fleet Street is being sunk by the internet

Shares in Daily Mail and General Trust, publisher of the Daily Mail, fell by 10 per centon Thursday as it disclosed the toll that the sudden downturn in print advertising is having on its business. It suffered a 16 per cent decline in print advertising revenues in the first half of its financial year

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Trinity Mirror to announce £220m deal to control Local World

The publisher of the Daily Mirror is poised to announce a £220m deal to take control of Local World, which owns more than 100 regional titles, to create a local newspaper powerhouse.Trinity Mirror, which also owns the Sunday People and Sunday Mirror, is thought to be close to securing a deal with Local World and could announce completion this week

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