Just got a blast email from Paul Miller at CMP and he has been named the CEO of CMP ... sort of. CMP as a business name is going away altogether. United Business Media decided to break up CMP into four separate business units, all lead by the leading candidates to replace Steve Weitzner.
Miller will lead TechInsights, which used to be known as the CMP Electronics Group, containing EE Times, Semiconductor Insights, TechOnline, Embedded Systems Conferences and Portelligent.
Tony Uphoff takes over, CMP’s Business Technology Group, now known as TechWeb, including Interop, Web 2.0, Black Hat and VoiceCon; online resources: The TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet and MSDN Magazines. TechWeb also provides end-to-end services ranging from next-generation performance marketing, custom media, research and analyst services.
Think Services will be led by Chief Executive Officer, Philip Chapnick. This division reaches specialized communities via interactive media, educational events, consulting, training and certification. The portfolio includes the Game Developers Conference, the Webby Award-winning Gamasutra.com, the International Customer Management Institute, the Help Desk Institute and Dr. Dobb's Journal.
Finally, the former CMP Channel, now Everything Channel, will be led by Chief Executive Officer, Robert Faletra. Everything Channel includes the ChannelWeb online network, magazines (CRN and VARBusiness), events (XChange and Vision), workflow tools (MTC and eXalt), tele-recruiting, sales support, marketing services, research and education (IPED).
United Business Media, CMP's parent company must be doing something right. CMP profits rose 30% to $50.1 million, with margins reaching 15.6%, More than double the percentage that Reed has gotten from its bizpub unit (an maybe the reason Reed wants to sell the unit off). CMP has apparently made the transition from a largely print focused organization (75% of revenues came from print in 2004) into integrated media businesses, including events, online and print products, as well as data-based workflow tools and services. In 2007, 34.2% of revenues came from events, 20.2% from online products, 7.3% from workflow tools and business information services, and only 38.3% from print products.
Miller took quite a bit of flack in the past year for decisions in staffing and editorial direction for EE Times in particular, but the results speak for themselves. He is well deserving of this title.