In The News

  • DM News

    As ad network growth surges, a vertical focus takes forefront - Ken Sonenclar cautions

    9/1/2008

    By Ellen Keohane

    Many people have been “jumping in” to the business, admitted Ken Sonenclar, managing director at media investment bank DeSilva + Phillips. “Seemingly, if you get the right ad network together and aggregate the right audience, you can make money,” he said.

    Barriers to entry are also relatively low, as they are in many of the aspects of digi­tal publishing, Sonenclar said.

    Sonenclar sees remnant networks suf­fering, since these networks don't give visibility to advertisers about where their ads are going. “There's definitely been a push towards transparency,” he said.

    Read More

  • New York Post

    EYE 'CANDY' ON SALE - Reed Phillips sees bull market for online media properties

    8/24/2008

    By Peter Lauria

    Bankers are aggressively shopping online media assets in the hopes of getting a taste of some of that sweet DailyCandy cash.

    The eye-popping $125 million sale of the shopping and culture newsletter and Web site to Comcast three weeks ago - which followed closely on the heels of the $23 million sale of Mediabisto.com and the $30 million deal for paidcontent.org - has created something of a bull market for online media assets, investment bankers said.

    Reed Phillips, a managing partner with boutique media investment bank DeSilva & Phillips, said he is currently in "serious negotiations" with potential buyers on three separate online media deals that could close in the next 45 days.

    Read More

  • WWD/MEMO PAD

    MAN DOWN AT ALPHA MEDIA - Reed Phillips comments on Brownridge's elevation to Chairman

    8/21/2008

    By Stephanie D. Smith

    “Quadrangle may want more hands-on urgency in terms of taking the business to the next level,” said Reed Phillips, managing partner at DeSilva + Phillips. “They may feel that Kent’s at the stage in his career where he’s better off providing the vision, and working with board level on strategy, not being the person that implements the strategy.” Some analysts also believed that in his new role, Brownridge may search for other deals for Quadrangle.

    Read More

  • Forbes

    Is Content King Once More? - Yes say Dearth, for surging online content providers, in eyes of media

    8/19/2008

    By James Erik Abels

    Content is King in eyes of traditional media companies, who are spending 10x-15x EBITDA and up for fast-growing digital content providers, says Jeff Dearth of DeSilva+Phillips.

    Read More

  • BtoB Media

    "The Deal' makes big changes in frequency, revenue model - Reed Phillips comments

    8/11/2008

    By Sean Callahan

    A new plan at The Deal:  The company's breaking news and proprietary content will be offered in The Deal Pipeline, a subscription product. Major portions of TheDeal.com will be moved out from behind the firewall and become free. And The Deal, currently published as a weekly magazine, will be scaled back to 24-times-a-year publication

    “I think the plan makes a lot of sense,” said Reed Phillips, co-managing partner of media investment bank DeSilva & Phillips and a subscriber to The Deal.

    Read More

  • New York Times

    Can Si Newhouse Keep Condé Nast’s Gloss Going? - Reed Phillips comments

    7/20/2008

    By RICHARD PÉREZ-PEÑA

    An extended look at Si Newhouse's stewardship of Conde Nast as he reaches the age of 80 - with speculation about the company's future.

    Read More

  • Mergermarket Group

    Listen to Roland DeSilva, Rona Fairhead, CEO of the FT Group and others discuss global media M&A

    5/8/2008

    By

    In a podcast produced by Pearson's The Mergermarket Group, Roland DeSilva discusses the worldwide media M&A market in the current economic situation with Rona Fairhead, CEO of the Financial Times Group, Crevan O'Grady, a Partner of 3i's London-based media buyout group and Brandon Farley, Global Director of Bowne Virtual Dataroom.  Listen here: http://www.bowne.com/assets/media/Merger_Markets_Mix_with_Music.mp3

    Read More

  • PaidContent

    Interactive Agency Special Ops Media Sold To European Firm LBI For

    4/7/2008

    By Rafat Ali

    New York City-based interactive marketing and design agency Special Ops Media (SOM) has been sold to European digital agency holding firm LBI. Over 2007 Special Ops realized gross billings of USD 22.3 million, net sales of USD 10.1 million and EBIT of USD 4.0 million. The agency today has 64 employees. The total purchase price will be in the range of $20M-45M, depending on future performance, with a mixture of cash and shares.

    Read More

  • MediaPost

    Wrapsidy Imbue: SQAD Absorbs TV Ratings Processor

    4/2/2008

    By Joe Mandese

    DeSilva+Phillips client ad cost data service SQAD acquired Wrapsidy, a ratings processing company.

    Read More

  • PaidContent

    Hearst Buys Relationship Advice Site Answerology

    3/26/2008

    By Rafat Ali

    Answerology.com, a Q&A online relationship site, was sold to Hearst.

    Read More

  • New York Times

    Where Wall Street's Caviar Set Still Thrives

    3/24/2008

    By Cate Doty

    The luxury market has survived longer than the mass retail market, said Reed Phillips, a media investment banker. Doubledown and its competitors, he said, are being read by “people who travel to airports on helicopters and use private planes.”

    Trader Monthly and similar publications do not need to worry “until their readers give up their private planes,” Mr. Phillips said.

    “Some of the magazines that are being impacted now by the downturn are the magazines that are focused on a broad audience with large circulations,” he said. “Doubledown is like a laser shot at the market: it’s highly focused on traders and deal makers. Therefore their advertisers are also very focused on high-income audiences.”

    Read More

  • BtoB Media

    Moe Levitt comments on Elsevier's acquisition of Windhover

    3/18/2008

    By

    Morris Levitt, managing director, life sciences, of media investment bank DeSilva & Phillips, said Elsevier’s ongoing acquisition strategy is “two sides of the coin” as it pertains to Reed Elsevier’s recent decision to put its print-heavy Reed Business Information portfolio on the block. “Clearly, Reed doesn’t see a great future for RBI,” he said. “At the same time they see value in health care information services and are being aggressive in investing in that area.”

    Levitt added: “As things evolve in an electronic direction,they have to diversify and can’t rely on an old stable of print journals, which nevertheless remains a strong business.”

    PDF

  • Hindustan Times

    CyberMedia acquires US-based TDA Group, DeSilva+Phillips Client

    3/16/2008

    By

    Speciality media house CyberMedia India Ltd on Thursday announced that it has acquired all assets of California based marketing communications company and publishing firm TDA Group Inc.  TDA Group was advised by DeSilva+Phillips, Media Investment Bankers, of New York.

    Read More

  • WWD/MEMO PAD

    B2b: a Buyers Market- Conde passes, Reed Phillips predicts difficult sales process for Reed Business

    2/27/2008

    By Stephanie D. Smith and Amy Wicks

    BUYER'S MARKET: A spokeswoman for Condé Nast Publications (which also owns WWD) said Tuesday that the company isn't interested in Reed Business Information.  Reed Phillips predicts a difficult sales process at a lower price than Reed Elsevier could have fetched last year.

    Read More

  • New York Times

    Magazines Up for Sale, Including Variety - Reed Phillps points out challenges for bigger deals

    2/22/2008

    By Brian Stelter

    Reed is putting its 400 trade publications up for sale, but the timing is tough for a deal of this size.  "The market is strong for business-to-business companies,” said Reed Phillips, a managing partner of the media investment bank DeSilva & Phillips. “But with the credit markets in disarray, the big deals are the ones that are hard to get financing for.”

    Read More

  • New York Post

    Reed Elsevier to sell b2b titles - Reed Phillips says timing, not price, drives sale

    2/22/2008

    By Keith Kelly

    "I think the view is that this move has been expected for the past two to three years and finally has happened," said Reed Phillips, an investment banker from DeSilva & Phillips. "They would've been better selling it a year ago. The fact that they're doing it now in the uncertain environment suggests they're determined to sell it no matter what price they get."

    Read More

  • PaidContent

    Steve Waldman, CEO BeliefNet: Putting Faith In Video Expansion, at DeSilva+Phillips Summit

    2/13/2008

    By David Kaplan

    Steve Waldman's decision to sell faith-focused community site BeliefNet to News Corp (NYSE: NWS). last December wasn't an easy one. Speaking on a panel at the Media Dealmakers Summit in New York, Waldman, the site's co-founder and editor-in-chief, said some shareholders needed convincing. "


    Read More

  • Min's B2B

    Media Investors Converge at DeSilva+Phillips Summit in NYC

    2/11/2008

    By

    This past week, the country's precarious economy was the hot-button topic at the sixth annual DeSilva + Phillips Media Dealmakers Summit, which was held at the Pierre Hotel on Feb. 7 in New York. Talk of a possible impending recession and its ripple effects on the selling and buying of media properties was on everyone's lips at the confab, which brings together the most important dealmakers in media.

    Read More

  • Condé Nast Portfolio

    What's Drudge Worth?

    2/11/2008

    By Duff McDonald

    A back-of-the-napkin analysis of the politically explosive blog by DeSilva + Phillips.

    Read More

  • Jack Myers Media Business Report

    Double, Double, Toil and Trouble: Media Industry Cauldron Bubbles at DeSilva Summit

    2/10/2008

    By Jack Myers

    Former ad executive from Yahoo, chief advertising strategist at Microsoft, founder of Glam Media speak at Media Dealmakers Summit

    Read More

  • Page 1 of 8 Next