BuildingWebsiteNews - Earnings: Reed Elsevier’s First Half Profits Up; Looking For … - paidContent.org

Digital and online information products grew by 12 percent and now account for 45 percent of total revenues. Sales at the company's B2B publishing unit rose 1 percent with online services up 20 percent and print falling 3 percent. Davis said he wanted to move more of Reed's print business online where revenues are growing more rapidly, insulated from fluctuations in the ad market. Over the past nine months Reed has bought BuyerZone—a US online business for matching suppliers to business customers—and Emedia, a UK online marketing business. read more

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