Just saw a note from media analyst Ben Mogil of Westwind Partners that takes issue with the conclusions of a recent report from Veritas suggesting that Yellow Pages Group's core print directory business is imploding, citing a sharp reduction in…
Interchange Corp. and Verizon SuperPages will partner to deliver SuperPages.com customers via Interchange's Local.com search engine. Here is the press release.
The Kelsey Group is preparing a report scheduled for release in September that evaluates the current field of online directory and local search sites.Part of the process of researching this report involves soliciting the views of the industry on how…
Here is an item from Bloomberg that says buyout firm KKR will saddle up PagesJaunes with a record level of debt for a European LBO, about US$8 billion. This will certainly motivate PagesJaunes managers to optimize cash flow.
Just got off the phone with Olivier Vincent, CEO of Canadian Phone Directories. He told me that his company, a competitive publisher backed by HM Capital (formerly Hicks Muse), has just acquired the search engine Yellow.ca to use as a…
A report issued July 19 by the stock analysis firm Veritas Investment Research has led to a sharp drop in the unit price for the Yellow Pages Income Fund, which owns Canadian publisher Yellow Pages Group. According to this article,…
This just in. The LBO Kohlberg Kravis Roberts and investment bank Goldman Sachs have acquired a majority stake in PagesJaunes for US$4.3 billion, according to this item in Market Watch. KKR, you may recall, did quite well on Canada's Yellow…
Just saw this item announcing that Verizon Directories has acquired SEM firm Inceptor.com. This appears to be an effort to bolster SuperPages.com's ability to drive traffic to support its online advertisers.Verizon Directories is in the process of being spun off…
France Telecom's effort to sell off its 54 percent stake in PagesJaunes has reportedly attracted two bidders — Texas Pacific Group and a consortium formed by KKR and Goldman Sachs.Another potential bidder, the French entertainment company Vivendi, has backed off,…
AdMission Corp. has put out a press release touting its deal with YellowPages.com to provide tools that enable businesses to go to the IYP and build their own ads. Self-provisioning is a big question mark in the IYP space. No…
The research firm Knowledge Networks/SRI has issued a press release touting the growing size of the Yellow Pages Market Reporter, the syndicated Yellow Pages usage measurement service. According to the data in the release, some of which TKG has already…
We just saw the official announcement that Mark Canon has moved on from AOL to a new opportunity at Autobytel, where he carries the title "chief product officer." Canon, whom The Kelsey Group has followed for years, joins Jim Riesenbach,…
Just back from a week's vacation, and in the process of catching up, saw a couple of items online regarding Yell's (U.K.) recent legal action against Yellowikis, which bills itself as an online Yellow Pages directory built on a wiki…
The roll-up of mom-and-pop Spanish-language directory publishers continues. Hispanic Yellow Pages of America, a portfolio company of Hispania Capital Partners of Chicago, has acquired the Milwaukee Hispanic Yellow Pages and Resource Guide. Terms of the transaction were not disclosed. Here…
Dow Jones reported at roughly 5:30 p.m. EST that Local Matters has priced its initial public offering of 3.3 million shares at between US$14 and US$16 per share. This works out to a range of US$46 million to US$53 million,…
YellowPages.com has landed a new CTO, Brad Mohs, whose background includes stints at Scientific Games and AutoTrader.com. At Scientific Games, Mohs worked on developing software for lottery organizations, including systems capable of more than 1 million transactions per minute. At…
Seat Pagine Gialle has recently announced a beta version of a three-dimensional online Yellow Pages directory, called Pagine Gialle Visual. You can check out the beta here. Here is the press release if you're interested. Conceptually, this is a powerful…
Sol Trujillo, CEO of Australian telecom Telstra, was quoted in a June 24 article in The Australian as saying that Sensis, Telstra's search, directory and classified business, "basically is on track" to meet its target of doubling revenues by 2010.Trujillo's…
We offer our congratulations to Perry Evans, long a friend of The Kelsey Group, for being named "Entrepreneur of the Year" by Ernst & Young in the software category. The award was given regionally and was announced at a Denver…
We just came across this item on the Asia Corporate News that Yellow Pages Singapore is getting some positive coverage from at least one financial analyst, a reflection of the company's ongoing turnaround efforts. One of the leaders of the…
