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	<title>AIMGroup.com &#187; Real estate</title>
	<atom:link href="http://aimgroup.com/blog/category/real-estate/feed/" rel="self" type="application/rss+xml" />
	<link>http://aimgroup.com</link>
	<description>Consulting services for interactive media and classified advertising</description>
	<lastBuildDate>Wed, 23 May 2012 19:28:36 +0000</lastBuildDate>
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		<title>RentCompass adds Facebook app for Canadian rentals</title>
		<link>http://aimgroup.com/blog/2012/05/17/rentcompass-adds-facebook-app-for-canadian-rentals/</link>
		<comments>http://aimgroup.com/blog/2012/05/17/rentcompass-adds-facebook-app-for-canadian-rentals/#comments</comments>
		<pubDate>Thu, 17 May 2012 13:42:30 +0000</pubDate>
		<dc:creator>brian blum</dc:creator>
				<category><![CDATA[Real estate]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=17291</guid>
		<description><![CDATA[      
      The Toronto-based real estate classified site RentCompass has launched a new Facebook app to complement the mobile apps it already has. The basic concept behind RentCompass is nothing we haven’t seen before – a Google Map with available rentals appearing as house icons. Click any item to go to the property’s details page, which includes [...]]]></description>
			<content:encoded><![CDATA[      
      <p>The Toronto-based real estate classified site <a href="http://RentCompass.com" target="_blank">RentCompass</a> has launched a new Facebook app to complement the mobile apps it already has.</p>
<p>The basic concept behind RentCompass is nothing we haven’t seen before – a Google Map with available rentals appearing as house icons. Click any item to go to the property’s details page, which includes the usual goodies – pictures, contact info, floor plans. But in the relatively smaller Canadian market, a small fish can make a bigger splash.</p>
<p>RentCompass has so far been available as a website and as a geo-smart mobile app that shows you apartments in the vicinity of where you are at the moment – i.e., walk down the street and see what’s for rent. It’s available for the iPhone and Android phones.</p>
<p>The Facebook app basically puts the standalone app’s functionality into Facebook. Once inside the the social network&#8217;s all-encompassing world, you can like, share and comment on a rental, as well as ask your Facebook friends their opinions too. Given the popularity of Facebook for mobile, it’s a good move by RentCompass.</p>
<p>The company also has a presence on Twitter (with its own app too), but the tweets are just a feed of every new property appearing on the website; it’s not location savvy, making it more of a promotional ploy than a truly functional addition to the RentCompass family.</p>
<p>Listing and searching rentals are free on RentCompass. The company says it&#8217;s the first mobile service in Canada for rental apartments and the number one downloaded app in Canada for rental searching.</p>
<p>&nbsp;</p>
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		<title>Affidata plays Anglophone card</title>
		<link>http://aimgroup.com/blog/2012/05/15/affidata-plays-anglophone-card/</link>
		<comments>http://aimgroup.com/blog/2012/05/15/affidata-plays-anglophone-card/#comments</comments>
		<pubDate>Tue, 15 May 2012 09:47:49 +0000</pubDate>
		<dc:creator>steve shipside</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Search]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Affidata]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=17179</guid>
		<description><![CDATA[      
      Affidata.co.uk, the U.K. arm of Dutch property portal Affidata has hit on the idea of launching geolocalised searches showing English-speaking agents in the desired area to help English buyers looking for second homes. Given the notorious unwillingness of the English to speak another language, combined with their love of homes abroad the move seems entirely [...]]]></description>
			<content:encoded><![CDATA[      
      <p>Affidata.co.uk, the U.K. arm of Dutch property portal Affidata has hit on the idea of launching <a href="http://www.affidata.co.uk/sh/property-for-sale/english-speaking-estate-agents-italy" target="_blank">geolocalised searches showing English-speaking agents </a>in the desired area to help English buyers looking for second homes. Given the notorious unwillingness of the English to speak another language, combined with their love of homes abroad the move seems entirely logical. Naturally if it proves popular it will immediately be reproduced by all the larger portals so Affidata&#8217;s first-mover status will be studied keenly by Rightmove, DPG et al.</p>
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		<title>Rightmove registers 20 percent traffic increase</title>
		<link>http://aimgroup.com/blog/2012/05/13/rightmove-figures-show-20-per-cent-traffic-increase/</link>
		<comments>http://aimgroup.com/blog/2012/05/13/rightmove-figures-show-20-per-cent-traffic-increase/#comments</comments>
		<pubDate>Sun, 13 May 2012 11:36:07 +0000</pubDate>
		<dc:creator>steve shipside</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[rightmove]]></category>
		<category><![CDATA[u.k.]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=17183</guid>
		<description><![CDATA[      
      U.K. property market leader Rightmove has published its Interim Management Statement for Jan. 1 to May 9 and the figures are looking good with a 20 percent traffic increase over the same period in 2011. The company enjoyed a record month in January with over a billion page impressions. Rightmove also notes that access via [...]]]></description>
			<content:encoded><![CDATA[      
      <p>U.K. property market leader Rightmove has published its Interim Management Statement for Jan. 1 to May 9 and the figures are looking good with a 20 percent traffic increase over the same period in 2011. The company enjoyed a record month in January with over a billion page impressions. Rightmove also notes that access via mobile apps &#8220;has been of particular note, in terms of rate of growth&#8221;, but doesn&#8217;t give figures.</p>
<p>The company is pinning its hopes for the future on a reported rise in ARPA (average revenue per advertiser) reporting that, &#8220;Over 75 percent of agents and new-home developers are now taking at least one additional product and over 30 percent of their spend in April was on additional advertising products&#8221;.  This goes some way to counterbalancing the admission that the total number of advertisers has not risen over last year.</p>
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		<title>Zoopla buys UpMyStreet</title>
		<link>http://aimgroup.com/blog/2012/05/13/zoopla-buys-upmystreet/</link>
		<comments>http://aimgroup.com/blog/2012/05/13/zoopla-buys-upmystreet/#comments</comments>
		<pubDate>Sun, 13 May 2012 11:24:21 +0000</pubDate>
		<dc:creator>steve shipside</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[u.k.]]></category>
		<category><![CDATA[UpMyStreet]]></category>
		<category><![CDATA[zoopla]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=17177</guid>
		<description><![CDATA[      
      Zoopla has just turned another page in the history of British property portals with the acquisition of UpMyStreet &#8211; one of the earliest property sites in the country. UpMyStreet dates back to 1998 and survived the original dotcom boom before running into financial troubles in 2003.  It was sold to uSwitch which was in turn [...]]]></description>
			<content:encoded><![CDATA[      
      <p>Zoopla has just turned another page in the history of British property portals with the acquisition of UpMyStreet &#8211; one of the earliest property sites in the country.</p>
<p>UpMyStreet dates back to 1998 and survived the original dotcom boom before running into financial troubles in 2003.  It was sold to uSwitch which was in turn bought by EW Scripps and then passed on to the Forward Internet group in 2009 but the company that now finds itself in Zoopla&#8217;s hands is a bit of a spent brand mostly of worth for the 1.1 million unique visitors it attracts (Comscore, March 2012).</p>
<p>Zoopla already attracts three times that many. Just what Zoopla paid to have that traffic redirected has not been disclosed, and Zoopla founder Alex Chesterman simply notes that; &#8220;This acquisition is a natural fit for us and allows us to further extend our audience and reach for the benefit of our members.&#8221;</p>
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		<title> Move Inc money moves in wrong direction</title>
		<link>http://aimgroup.com/blog/2012/05/03/move-inc-money-moves-in-wrong-direction/</link>
		<comments>http://aimgroup.com/blog/2012/05/03/move-inc-money-moves-in-wrong-direction/#comments</comments>
		<pubDate>Thu, 03 May 2012 23:23:13 +0000</pubDate>
		<dc:creator>Sharon Hill</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[listhub]]></category>
		<category><![CDATA[Move Inc. earnings]]></category>
		<category><![CDATA[realtor.com]]></category>
		<category><![CDATA[socialbios]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=17078</guid>
		<description><![CDATA[There is no excerpt because this is a protected post.]]></description>
			<content:encoded><![CDATA[      
      <p>This post is for AIMGroup / Classified Intelligence clients. Clients can enter the password below. Not a client yet? See our Become a Client page.</p><form action="http://aimgroup.com/wp-pass.php" method="post">
	<p ><label for="pwbox-17078">Password: <input name="post_password" id="pwbox-17078" type="password" size="20" /></label> <input type="submit" name="Submit" value="Submit" /></p>
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		<title>Immonet rolls out new sites for Madsack</title>
		<link>http://aimgroup.com/blog/2012/05/03/immonet-rolls-out-new-sites-for-madsack-papers/</link>
		<comments>http://aimgroup.com/blog/2012/05/03/immonet-rolls-out-new-sites-for-madsack-papers/#comments</comments>
		<pubDate>Thu, 03 May 2012 22:03:55 +0000</pubDate>
		<dc:creator>Christoffel Volschenk</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[immonet]]></category>
		<category><![CDATA[madsack]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=17072</guid>
		<description><![CDATA[      
      By Christo Volschenk German real estate platform Immonet has gone live with new real estate portals on 7 regional newspaper sites of media group Madsack. Another 9 will go live before the end of May, 1 of which is not majority-owned by Madsack, Immonet said in a media statement today. The switch to uniform, co-branded [...]]]></description>
			<content:encoded><![CDATA[      
      <p><strong>By Christo Volschenk</strong><br />
German real estate platform Immonet has gone live with new real estate portals on 7 regional newspaper sites of media group Madsack. Another 9 will go live before the end of May, 1 of which is not majority-owned by Madsack, Immonet said in a media statement today.<span id="more-17072"></span></p>
<p>The switch to uniform, co-branded Immonet platforms is part of an agreement reached between Immonet and Madsack in February (read our report<a href="http://aimgroup.com/blog/2012/04/12/immonets-plan-to-shake-off-immowelt/"> here</a> – clients only). In terms of this agreement Madsack sold the real estate platforms of its 15 regional newspaper sites to Immonet in exchange of a 11.28 percent stake in Immonet. Madsack gave up all ambition to operate its own real estate platforms; handed full operational and management control of its 15 real estate platforms over to Immonet and agreed to give Immonet marketing and sales support going forward. A 16th newspaper, Lübecker Nachrichten, later decided to join the party, although Madsack only has a minority stake in it.</p>
<p>The German anti-trust authority approved the deal in March.</p>
<p><a href="http://aimgroup.com/blog/2012/03/05/these-madsack-papers-will-duplicate-immonet/">Here</a> is the list of 16 newspapers to have Immonet-powered real estate platforms by the end of May. The same template (frontend) is used, and customized with the logo and corporate colors of every newspaper.</p>
<p>These papers already have Immonet-front- and -backends today:</p>
<p>* <a href="http://immo.haz.de/" target="_blank">Hannoversche Allgemeine Zeitung</a> and Neue Presse of publisher Madsack;</p>
<p>* <a href="http://immo.goettinger-tageblatt.de/" target="_blank">Göttinger Tageblatt</a> of publisher Göttinger Tageblatt;</p>
<p>* Aller Zeitung and Wolfsburger Allgemeine Zeitung of publisher Adolf Enke;</p>
<p>* Peiner Allgemeine Zeitung of the Peiner Allgemeine Zeitung Verlagsgesellschaft;</p>
<p>* <a href="http://www.schaumburg-immo.de/" target="_blank">Schaumburger Nachrichten</a> of the Schaumburger Nachrichten Verlagsgesellschaft;</p>
<p>These will get theirs in the next few weeks:</p>
<p>* Oberhessische Presse of the HITZEROTH Druck + Medien;</p>
<p>* Waldeckischer Landeszeitung and Frankenberger Zeitung of Wilhelm Bing</p>
<p>Druckerei und Verlag;</p>
<p>* Leipziger Volkszeitung and Dresdner Neueste Nachrichten of the Leipziger Verlags- und Druckereigesellschaft and Verlag Dresdner Nachrichten;</p>
<p>* Lübecker Nachrichten of Lübecker Nachrichten;</p>
<p>* Ostsee-Zeitung of publisher Ostsee-Zeitung and</p>
<p>* Märkische Allgemeine Zeitung of publisher Märkische Verlags- und Druckgesellschaft in Potsdam.</p>
<p>Read the media release (in German) <a href="http://www.presseportal.de/pm/50233/2246150/mediengruppe-madsack-integriert-die-immobiliensuche-von-immonet-auf-ihren-zeitungsportalen" target="_blank">here</a>.</p>
<p>&nbsp;</p>
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		<title>Zillow gossip gets juicier</title>
		<link>http://aimgroup.com/blog/2012/04/30/zillow-gossip-gets-juicier/</link>
		<comments>http://aimgroup.com/blog/2012/04/30/zillow-gossip-gets-juicier/#comments</comments>
		<pubDate>Mon, 30 Apr 2012 17:04:34 +0000</pubDate>
		<dc:creator>Sharon Hill</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[rent zestimate]]></category>
		<category><![CDATA[rentjuice]]></category>
		<category><![CDATA[zillow app]]></category>
		<category><![CDATA[zillow to buy rentjuice]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=17022</guid>
		<description><![CDATA[      
      By Sharon Hill The gossip about Zillow has just gotten &#8221;juicier.&#8221; Amidst a rumor that Zillow is about to spend $45 million to buy rental management software firm RentJuice, the third-largest online real estate marketplace has just announced its new Android rental app. Both follow on the heels of Zillow&#8217;s launch of Rent Zestimates. (For even more on Zillow doings, and [...]]]></description>
			<content:encoded><![CDATA[      
      <p><strong>By Sharon Hill</strong></p>
<p>The gossip about Zillow has just gotten &#8221;juicier.&#8221; Amidst a<strong><a href="http://techcrunch.com/2012/04/04/rumor-zillow-in-to-buy-rentjuice-for-45-million/"> rumor </a></strong>that Zillow is about to spend $45 million to buy rental management software firm RentJuice, the third-largest online real estate marketplace has just announced its new Android rental app. Both follow on the heels of Zillow&#8217;s launch of Rent Zestimates. (<em>For even more on Zillow doings, and industry-insider ponderings about what&#8217;s <span style="text-decoration: underline">really</span> going on, read our upcoming CIR.)</em></p>
<p>RentJuice made its own <strong><a href="http://aimgroup.com/blog/2012/04/14/rentjuice-launches-common-application/">important announcement</a> </strong>two weeks ago, making it an even &#8220;juicier&#8221; buy for Zillow. The new RentJuice product is called Common Application. The new online and mobile-enabled tool could be described as a Facebook Connect for rental listings. With the new Common Application, a prospective renter can complete her or his online application one time and then send it in one-click thereafter to any property she favors. The tool also enables online and smart-phone or tablet-based lease application as well</p>
<p><em>Here&#8217;s the Zillow app news release: <span id="more-17022"></span></em></p>
<p>&nbsp;</p>
<h2 style="text-align: center"><span style="color: #333399">Zillow Launches First Mobile App for Rentals</span></h2>
<h3 style="text-align: center"></h3>
<p><strong>Zillow Rentals for Android App is Company&#8217;s 10th Mobile App; Provides Access to Rent Zestimates, Allows Renters to Compare Favorite Homes Side-by-Side</strong></p>
<p>&nbsp;</p>
<p>SEATTLE, April 30, 2012 /PRNewswire/ &#8212; Zillow, Inc. (NASDAQ:Z), the leading real estate information marketplace, today announced the launch of Zillow® Rentals for Android™ App, the company&#8217;s first dedicated rentals app, optimized for renters who need to make decisions quickly.</p>
<p>The Zillow Rentals for Android App is the only rentals app that allows users to access Rent Zestimates® – Zillow&#8217;s estimated rent prices on more than 100 million U.S. homes and apartments. Additionally, the app allows rental shoppers to: Compare and contrast favorite homes on a side-by-side list, a rental app feature exclusive to Zillow. Draw one or more boundaries around neighborhoods to narrow a search by geography. Use Android&#8217;s voice search capabilities to quickly search for-rent homes in an area. Quickly browse color-coded results organized by time on market, so renters know which homes are new to the market and which have already been viewed. Automatically receive on-screen notifications when new rental homes matching search criteria hit the market, with no login or sign-up required. Contact landlords by phone or email instantly. These properties are automatically added to the renter&#8217;s list of favorites with a time stamp to help keep track of when landlords were contacted.</p>
<p>&#8220;Renters shop differently from buyers and look at many homes quickly, in specific locations, in a short amount of time,&#8221; said Jeremy Wacksman, vice president of consumer marketing and mobile at Zillow. &#8220;The Zillow Rentals for Android App was created specifically to address their needs by organizing listings in an easily-accessible way and allowing them to shop for the right home on location, in the neighborhood where they want to live.&#8221;</p>
<p>This is Zillow&#8217;s 10th mobile app, adding to the most popular suite of mobile real estate apps with dedicated apps available on every major platform. Zillow&#8217;s early investment in mobile is fueling the company&#8217;s growth. In March, 155 million homes were viewed on Zillow mobile apps – that&#8217;s 57 homes per second.</p>
<p>Zillow Mobile&#8217;s full suite includes: Zillow on iPad®; Zillow iPhone® App; Zillow Mortgage Marketplace iPhone App; Zillow Android App; Zillow Mortgage Marketplace Android App; Zillow Android Tablet App; Zillow BlackBerry® App; Zillow Kindle® Fire App; Zillow Windows® Phone 7 App.</p>
<p>Zillow Rentals for Android App is free to download, and is available in the <a href="https://play.google.com/store/apps/details?id=com.zillow.android.rentals">Google® Play store </a>starting today. Search for &#8220;Zillow&#8221; in the Google Play store, or find it in the Lifestyle category.</p>
<p><em>About Zillow, Inc.</em></p>
<p>Zillow (NASDAQ: Z) is the leading real estate information marketplace, providing vital information about homes, real estate listings and mortgages through its website and mobile applications, enabling homeowners, buyers, sellers and renters to connect with real estate and mortgage professionals best suited to meet their needs. In March 2012, more than 32 million unique users visited Zillow&#8217;s websites and mobile applications. Zillow, Inc. operates Zillow.com®, Zillow Mortgage Marketplace, Zillow Mobile, Postlets® and Diverse Solutions. The company is headquartered in Seattle.</p>
<p>Zillow.com, Zillow, Zestimate and Postlets are registered trademarks of Zillow, Inc. Diverse Solutions is a trademark of Zillow, Inc.</p>
<p>Kindle Fire is a trademark of Seesaw, LLC. iPhone and iPad are registered trademarks of Apple Inc. Android is a trademark of Google Inc. Google is a registered trademark of Google Inc. BlackBerry is a registered trademark of Research in Motion Limited. Windows is a registered trademark of Microsoft Corp.</p>
<p>SOURCE  Zillow, Inc.</p>
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		<title> Austria´s Immobilien.net starts regional property portal for Vienna</title>
		<link>http://aimgroup.com/blog/2012/04/27/austria%c2%b4s-immobilien-net-starts-regional-property-portal-for-vienna/</link>
		<comments>http://aimgroup.com/blog/2012/04/27/austria%c2%b4s-immobilien-net-starts-regional-property-portal-for-vienna/#comments</comments>
		<pubDate>Fri, 27 Apr 2012 12:08:43 +0000</pubDate>
		<dc:creator>Cristina Costa</dc:creator>
				<category><![CDATA[CIR]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[austria]]></category>
		<category><![CDATA[immobilien.net]]></category>
		<category><![CDATA[regional strategy]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16948</guid>
		<description><![CDATA[There is no excerpt because this is a protected post.]]></description>
			<content:encoded><![CDATA[      
      <p>This post is for AIMGroup / Classified Intelligence clients. Clients can enter the password below. Not a client yet? See our Become a Client page.</p><form action="http://aimgroup.com/wp-pass.php" method="post">
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		<title>Record growth at DPG</title>
		<link>http://aimgroup.com/blog/2012/04/26/record-growth-at-dpg/</link>
		<comments>http://aimgroup.com/blog/2012/04/26/record-growth-at-dpg/#comments</comments>
		<pubDate>Thu, 26 Apr 2012 13:54:59 +0000</pubDate>
		<dc:creator>steve shipside</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[DPG]]></category>
		<category><![CDATA[zoopla]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16933</guid>
		<description><![CDATA[      
      The U.K.&#8217;s Digital Property Group (DPG) is enjoying a golden patch according to a slew of announcements from the stable. Firstly the number of visits is up by 20 per cent on last year&#8217;s first quarter to 18.2 million. Next the number of email and phone leads is up over 40 per cent over the [...]]]></description>
			<content:encoded><![CDATA[      
      <p>The U.K.&#8217;s Digital Property Group (DPG) is enjoying a golden patch according to a slew of announcements from the stable.<br />
Firstly the number of visits is up by 20 per cent on last year&#8217;s first quarter to 18.2 million.<br />
Next the number of email and phone leads is up over 40 per cent over the same period and the group recently signed its 15,000th member which means a 29 per cent growth compared to last year.<br />
With the <a title="Zoopla/DMGT merger gets green light" href="http://aimgroup.com/blog/2012/04/16/zoopladmgt-merger-gets-green-light/" target="_blank">DPG/Zoopla merger now given the green light</a> the DPG board can also celebrate the 1,200 new estate and letting agent branches added to Zoopla&#8217;s to its website in Q1.</p>
<p>DPG Marketing Director, Sheraz Dar, ascribes the growth to the traditional frenetic media activity seen by U.K. property portals at the start of the year;“Over the past year DPG’s advertising investment accounted for over half of the total among the major portals and both PrimeLocation.com and FindaProperty.com were on TV during the first 3 months of 2012. This has helped create a sustained increase in visits and inquiries that’s been building now for many months and we are delighted our customers are seeing the real, tangible benefits of investing in us.”</p>
]]></content:encoded>
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		<title>McClatchy reports $2 million loss</title>
		<link>http://aimgroup.com/blog/2012/04/26/mcclatchy-reports-2-million-loss/</link>
		<comments>http://aimgroup.com/blog/2012/04/26/mcclatchy-reports-2-million-loss/#comments</comments>
		<pubDate>Thu, 26 Apr 2012 12:53:12 +0000</pubDate>
		<dc:creator>Sharon Hill</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Financial results]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Recruitment]]></category>
		<category><![CDATA[mcclatchy earnings]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16930</guid>
		<description><![CDATA[      
      In its Q1 2012 earnings report, The McClatchy Company reported a loss of $2.1 million, with classified revenue down more than 8 percent year over year. While much of the classified losses were in print advertising, digital dollars suffered as well. The only classified vertical whose YOY ad revenue increased was automotive, showing a 12 [...]]]></description>
			<content:encoded><![CDATA[      
      <p>In its Q1 2012 earnings report, The McClatchy Company reported a loss of $2.1 million, with classified revenue down more than 8 percent year over year. While much of the classified losses were in print advertising, digital dollars suffered as well. The only classified vertical whose YOY ad revenue increased was automotive, showing a 12 percent jump. Real estate and employment dropped nearly 9 percent and more than 6 percent respectively. California and Florida newspapers drove the downward classified digital trend, presumably heavily impacted by the dismal real estate economy in both areas.</p>
<p><em>Here&#8217;s the earnings report: <span id="more-16930"></span></em></p>
<h5 style="text-align: center"><span style="color: #000080"><strong>McClatchy Reports First Quarter 2012 Results</strong></span></h5>
<div>
<p>Released: 04/25/2012</p>
<p>SACRAMENTO, Calif. &#8212; The McClatchy Company (NYSE-MNI) today reported a net loss in the first quarter of 2012 of $2.1 million or 2 cents per share.  In the first quarter of 2011 the company reported a net loss of $2.0 million or 2 cents per share.Revenues in the first quarter of 2012 were $288.3 million, down 5.1% from the first quarter of 2011. Advertising revenues were $209.8 million, down 6.8% from 2011, and circulation revenues were $66.4 million, up 0.4%. Digital advertising revenues grew 2.7% in the first quarter of 2012 and were 22.2% of total advertising revenues compared to 20.1% of total advertising revenues in the first quarter of 2011.</p>
<p>Results in the first quarter of 2012 included the following items:</p>
<p>&nbsp;</p>
<ul type="disc">
<li>Accelerated depreciation and certain cash charges totaling $2.9 million ($1.7 million after-tax) primarily related to relocating Miami newspaper operations.</li>
<li>Severance charges totaling $1.2 million ($0.7 million after-tax) related to continued restructuring of the company&#8217;s operations.</li>
<li>A gain on the extinguishment of debt totaling $4.4 million ($2.8 million after-tax) related to bonds repurchased in the open market.</li>
</ul>
<p>The net loss in the first quarter of 2012, excluding the net impact of these items, was $2.5 million compared to a net loss in the first quarter of 2011 adjusted for similar items of $3.4 million. (Non-GAAP measurements are discussed below).</p>
<p>Operating cash expenses, excluding charges associated with restructuring plans, declined $9.7 million, or 4.1%, from the 2011 quarter. Operating cash flow, a non-GAAP measure, was $60.8 million in the first quarter of 2012, down 8.7%.</p>
<p>Also in the first quarter, McClatchy announced that Gary Pruitt, chairman, president and chief executive officer of McClatchy, will leave the company May 16, 2012, to become president and chief executive officer of The Associated Press.</p>
<p>McClatchy&#8217;s Board of Directors has named Patrick Talamantes, McClatchy&#8217;s current vice president, finance and chief financial officer (CFO), as Pruitt&#8217;s successor. Talamantes will assume the title of president and chief executive officer (CEO) and join the company&#8217;s Board of Directors. Kevin S. McClatchy, a director of McClatchy since 1998 and a fifth-generation member of the founding McClatchy family, will become chairman of the Board.  Mr. Talamantes&#8217; replacement as CFO is expected to be named by the Board on May 16, 2012, the next board meeting date.</p>
<p><span style="text-decoration: underline">Management&#8217;s Comments on First Quarter Results</span>:</p>
<p>Commenting on McClatchy&#8217;s first quarter results, Gary Pruitt said, &#8220;We were pleased to see the advertising revenue trend improving throughout the quarter. Advertising revenues were down 7.9% in January, 6.8% in February and 5.6% in March.  For the full quarter advertising revenues were down 6.8%.  Excluding one-time advertising related to the 2011 Super Bowl included in our Fort Worth newspaper&#8217;s results, first quarter 2012 advertising revenues were down an estimated 6.3%.</p>
<p>&#8220;We continue to make progress on our digital initiatives and the strong revenue results in the quarter demonstrate that digital continues to be a high-growth opportunity for the company.  Digital-only advertising revenue increased 14.0% in the quarter.  Total digital advertising, which includes digital advertising both bundled with print and sold on a stand-alone basis, increased 2.7% compared to the 2011 quarter.  Total digital advertising now represents 22.2% of McClatchy&#8217;s total advertising revenue compared to 20.1% in 2011.  Our digital traffic also continues to grow with daily average local unique visitors to our websites and mobile devices up 2.1% in 2012.</p>
<p>&#8220;Circulation revenue increased in the quarter, up 0.4%.  Strategic price initiatives during the quarter offset the daily circulation volume declines of 5.5% and a Sunday decline of 1.1%.</p>
<p>&#8220;We continued to reduce costs in the quarter. Cash expenses, excluding restructuring costs, were down 4.1% and this continued focus on expense management enabled us to generate another quarter of healthy operating cash flow.</p>
<p>&#8220;Once again, our equity investments provided strong results. Our share of income from all equity interests was $6.0 million compared to $3.2 million in the first quarter of 2011.  Many of these companies provide important products to our newspaper websites and are strategic partners in our digital success.</p>
<p>&#8220;As we look to the second quarter, we have limited revenue visibility, with April affected by holiday shifts. We will continue to focus on our strong and growing set of products and revenue initiatives, especially in digital and direct marketing advertising. We will also remain diligent in controlling costs and expanding our operational efficiencies and expect to continue to benefit from stability in newsprint pricing in the quarter. As a result, we expect cash expenses to be down in the range of three to four percent in the second quarter of 2012.&#8221;</p>
<p>Pat Talamantes, McClatchy&#8217;s CFO and in-coming president and CEO, said, &#8220;We were pleased with the debt reduction progress considering that we also made seasonally large bond interest payments and used $40 million of cash to fund near-term required pension contributions in the quarter. We reduced debt by $35.5 million in the first quarter to $1.599 billion and finished the quarter with a cash balance of $24.4 million. Our nearest term maturity in Nov. 2014 is only about $81 million – not an issue given our free cash flow. Our leverage ratio at the end of the first quarter as defined in our credit agreement was 4.56 times cash flow and our interest coverage was 2.26 times.</p>
<p><span style="text-decoration: underline">Non-GAAP Financial Measures:</span></p>
<p>In addition to the results reported in accordance with accounting principles generally accepted in the United States (&#8220;GAAP&#8221;) included in this press release, the company has provided information regarding operating income, non-operating expenses and income, income taxes, and net income excluding certain items described in an attached schedule. In addition the company has presented operating cash flows (defined as operating income plus depreciation and amortization, restructuring related charges and other non-cash impairments) along with operating cash flow margins (operating cash flow divided by net revenues) that are reconciled to GAAP measures in the attached schedule. Management believes these non-GAAP measures, when read in conjunction with the company&#8217;s GAAP financials, provide useful information to investors by offering:</p>
<p>&nbsp;</p>
<ul type="disc">
<li>the ability to make more meaningful period-to-period comparisons of the company&#8217;s on-going operating results;</li>
<li>the ability to better identify trends in the company&#8217;s underlying business;</li>
<li>a better understanding of how management plans and measures the company&#8217;s underlying business; and</li>
<li>An easier way to compare the company&#8217;s most recent operating results against investor and analyst financial models.</li>
</ul>
<p>Operating income, non-operating expenses and income, income taxes, and net income excluding certain items should not be considered a substitute or an alternative to these computations calculated in accordance with and required by GAAP. Nor are operating cash flow and operating cash flow margins to be considered replacements for cash provided by operating activities as shown in the company&#8217;s statement of cash flows included in our financial statements.</p>
<p>In addition, the company&#8217;s statistical report, which summarizes revenue performance for the first fiscal quarter, follows.</p>
<p>At noon, Eastern time, today, McClatchy will review its results in a conference call (877-278-1205 pass code 70874612) and webcast (<a href="http://www.mcclatchy.com/" target="_blank">www.mcclatchy.com</a>).  The webcast will be archived at McClatchy&#8217;s website.</p>
<p><span style="text-decoration: underline">About McClatchy</span></p>
<p>The McClatchy Company is a leading news and information provider, offering a wide array of print and digital products in each of the markets it serves.  As the third largest newspaper company in the country, McClatchy&#8217;s operations include 30 daily newspapers, community newspapers, websites, mobile news and advertising, niche publications, direct marketing and direct mail services.  The company&#8217;s largest newspapers include <em>The Miami Herald, The Sacramento Bee, Fort Worth Star-Telegram, The Kansas City Star, The Charlotte Observer </em>and<em> The News &amp; Observer </em>in Raleigh, N.C.  McClatchy is listed on the New York Stock Exchange under the symbol MNI.</p>
<p><span style="text-decoration: underline">Additional Information:</span><strong></strong></p>
<p>Statements in this press release regarding future financial and operating results, including revenues, anticipated savings from cost reduction efforts, cash flows, debt levels, as well as future opportunities for the company and any other statements about management&#8217;s future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words &#8220;believes,&#8221; &#8220;plans,&#8221; &#8220;anticipates,&#8221; &#8220;expects,&#8221; &#8220;estimates&#8221; and similar expressions) should also be considered to be forward-looking statements. There are a number of important risks and uncertainties that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including:  McClatchy may not generate cash from operations, or otherwise, necessary to reduce debt or meet debt covenants as expected; McClatchy may experience decreased circulation and diminished revenues from retail, classified and national advertising; McClatchy may not achieve its expense reduction targets or may do harm to its operations in attempting to achieve such targets; McClatchy&#8217;s operations have been, and will likely continue to be, adversely affected by competition, including competition from internet publishing and advertising platforms; increases in the cost of newsprint; bankruptcies or financial strain of its major advertising customers; litigation or any potential litigation; geo-political uncertainties including the risk of war; changes in printing and distribution costs from anticipated levels; changes in interest rates; changes in pension assets and liabilities; changes in factors that impact pension contribution requirements, including, without limitation, the value of the company-owned real property that McClatchy has contributed to its pension plan; increased consolidation among major retailers in our markets or other events depressing the level of advertising; our inability to negotiate and obtain favorable terms under collective bargaining agreements with unions; competitive action by other companies; and other factors, many of which are beyond our control; as well as the other risks detailed from time to time in the company&#8217;s publicly filed documents, including the company&#8217;s Annual Report on Form 10-K for the year ended Dec. 25, 2011, filed with the U.S. Securities and Exchange Commission. McClatchy disclaims any intention and assumes no obligation to update the forward-looking information contained in this release.</p>
<p>&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td colspan="6"><strong>***THE McCLATCHY COMPANY***</strong></td>
</tr>
<tr>
<td colspan="6">CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED)</td>
</tr>
<tr>
<td colspan="6">(In thousands, except per share amounts)</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td colspan="3">Three Months Ended</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td>March 25,</td>
<td></td>
<td>March 27,</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td>2012</td>
<td></td>
<td>2011</td>
<td></td>
</tr>
<tr>
<td>REVENUES &#8211; NET:</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>   Advertising</td>
<td></td>
<td>$       209,764</td>
<td></td>
<td>$      225,113</td>
<td></td>
</tr>
<tr>
<td>   Circulation</td>
<td></td>
<td>66,403</td>
<td></td>
<td>66,167</td>
<td></td>
</tr>
<tr>
<td>   Other</td>
<td></td>
<td>12,134</td>
<td></td>
<td>12,454</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td>288,301</td>
<td></td>
<td>303,734</td>
<td></td>
</tr>
<tr>
<td>OPERATING EXPENSES:</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>   Compensation</td>
<td></td>
<td>112,649</td>
<td></td>
<td>124,357</td>
<td></td>
</tr>
<tr>
<td>   Newsprint, supplements and printing expense</td>
<td></td>
<td>34,339</td>
<td></td>
<td>35,376</td>
<td></td>
</tr>
<tr>
<td>   Depreciation and amortization</td>
<td></td>
<td>30,741</td>
<td></td>
<td>31,231</td>
<td></td>
</tr>
<tr>
<td>   Other operating expenses</td>
<td></td>
<td>82,597</td>
<td></td>
<td>92,315</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td>260,326</td>
<td></td>
<td>283,279</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>OPERATING INCOME</td>
<td></td>
<td>27,975</td>
<td></td>
<td>20,455</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NON-OPERATING (EXPENSES) INCOME:</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>   Interest expense</td>
<td></td>
<td>(42,477)</td>
<td></td>
<td>(40,947)</td>
<td></td>
</tr>
<tr>
<td>   Interest income</td>
<td></td>
<td>14</td>
<td></td>
<td>21</td>
<td></td>
</tr>
<tr>
<td>   Equity gain in unconsolidated companies, net</td>
<td></td>
<td>6,018</td>
<td></td>
<td>3,172</td>
<td></td>
</tr>
<tr>
<td>   Gain (loss) on extinguishment of debt</td>
<td></td>
<td>4,433</td>
<td></td>
<td>(1,265)</td>
<td></td>
</tr>
<tr>
<td>   Other &#8211; net</td>
<td></td>
<td>38</td>
<td></td>
<td>66</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td>(31,974)</td>
<td></td>
<td>(38,953)</td>
<td></td>
</tr>
<tr>
<td colspan="3"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>LOSS BEFORE INCOME TAX BENEFIT</td>
<td></td>
<td>(3,999)</td>
<td></td>
<td>(18,498)</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>INCOME TAX BENEFIT</td>
<td></td>
<td>(1,912)</td>
<td></td>
<td>(16,536)</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NET LOSS</td>
<td></td>
<td>$         (2,087)</td>
<td></td>
<td>$        (1,962)</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>NET LOSS PER COMMON SHARE:</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>   Basic</td>
<td></td>
<td>$           (0.02)</td>
<td></td>
<td>$          (0.02)</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>   Diluted</td>
<td></td>
<td>$           (0.02)</td>
<td></td>
<td>$          (0.02)</td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="5">WEIGHTED AVERAGE NUMBER OF COMMON SHARES:</td>
<td></td>
</tr>
<tr>
<td>   Basic</td>
<td></td>
<td>85,494</td>
<td></td>
<td>85,036</td>
<td></td>
</tr>
<tr>
<td>   Diluted</td>
<td></td>
<td>85,494</td>
<td></td>
<td>85,036</td>
<td></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="19"><strong>***The McClatchy Company***</strong></td>
</tr>
<tr>
<td colspan="19"><strong>Consolidated Statistical Report</strong></td>
</tr>
<tr>
<td colspan="19">(In thousands, except for preprints)</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td colspan="17"><strong>Quarter  1</strong></td>
</tr>
<tr>
<td></td>
<td></td>
<td colspan="5"><strong>Combined</strong></td>
<td></td>
<td colspan="5"><strong>Print Only</strong></td>
<td></td>
<td colspan="5"><strong>Digital</strong></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="2"><strong>Revenues &#8211; Net:</strong></td>
<td>2012</td>
<td></td>
<td>2011</td>
<td></td>
<td>% Change</td>
<td></td>
<td>2012</td>
<td></td>
<td>2011</td>
<td></td>
<td>% Change</td>
<td></td>
<td>2012</td>
<td></td>
<td>2011</td>
<td></td>
<td>% Change</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Advertising</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Retail</td>
<td></td>
<td>$107,129</td>
<td></td>
<td>$114,438</td>
<td></td>
<td>-6.4%</td>
<td></td>
<td>$88,324</td>
<td></td>
<td>$97,456</td>
<td></td>
<td>-9.4%</td>
<td></td>
<td>$18,805</td>
<td></td>
<td>$16,982</td>
<td></td>
<td>10.7%</td>
</tr>
<tr>
<td>National</td>
<td></td>
<td>15,130</td>
<td></td>
<td>18,096</td>
<td></td>
<td>-16.4%</td>
<td></td>
<td>11,322</td>
<td></td>
<td>13,110</td>
<td></td>
<td>-13.6%</td>
<td></td>
<td>3,808</td>
<td></td>
<td>4,986</td>
<td></td>
<td>-23.6%</td>
</tr>
<tr>
<td>Classified Total</td>
<td></td>
<td>59,438</td>
<td></td>
<td>64,836</td>
<td></td>
<td>-8.3%</td>
<td></td>
<td>35,490</td>
<td></td>
<td>41,458</td>
<td></td>
<td>-14.4%</td>
<td></td>
<td>23,948</td>
<td></td>
<td>23,378</td>
<td></td>
<td>2.4%</td>
</tr>
<tr>
<td>Automotive</td>
<td></td>
<td>20,498</td>
<td></td>
<td>20,608</td>
<td></td>
<td>-0.5%</td>
<td></td>
<td>10,159</td>
<td></td>
<td>11,373</td>
<td></td>
<td>-10.7%</td>
<td></td>
<td>10,339</td>
<td></td>
<td>9,235</td>
<td></td>
<td>12.0%</td>
</tr>
<tr>
<td>Real Estate</td>
<td></td>
<td>9,413</td>
<td></td>
<td>11,643</td>
<td></td>
<td>-19.2%</td>
<td></td>
<td>6,150</td>
<td></td>
<td>8,072</td>
<td></td>
<td>-23.8%</td>
<td></td>
<td>3,263</td>
<td></td>
<td>3,571</td>
<td></td>
<td>-8.6%</td>
</tr>
<tr>
<td>Employment</td>
<td></td>
<td>12,344</td>
<td></td>
<td>13,480</td>
<td></td>
<td>-8.4%</td>
<td></td>
<td>5,764</td>
<td></td>
<td>6,459</td>
<td></td>
<td>-10.8%</td>
<td></td>
<td>6,580</td>
<td></td>
<td>7,021</td>
<td></td>
<td>-6.3%</td>
</tr>
<tr>
<td>Other</td>
<td></td>
<td>17,183</td>
<td></td>
<td>19,104</td>
<td></td>
<td>-10.1%</td>
<td></td>
<td>13,417</td>
<td></td>
<td>15,553</td>
<td></td>
<td>-13.7%</td>
<td></td>
<td>3,766</td>
<td></td>
<td>3,551</td>
<td></td>
<td>6.1%</td>
</tr>
<tr>
<td>Direct Marketing</td>
<td></td>
<td>27,916</td>
<td></td>
<td>27,490</td>
<td></td>
<td>1.5%</td>
<td></td>
<td>27,916</td>
<td></td>
<td>27,490</td>
<td></td>
<td>1.5%</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Other Advertising</td>
<td></td>
<td>151</td>
<td></td>
<td>253</td>
<td></td>
<td>-40.3%</td>
<td></td>
<td>151</td>
<td></td>
<td>253</td>
<td></td>
<td>-40.3%</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Total Advertising</td>
<td></td>
<td>$209,764</td>
<td></td>
<td>$225,113</td>
<td></td>
<td>-6.8%</td>
<td></td>
<td>$163,203</td>
<td></td>
<td>$179,767</td>
<td></td>
<td>-9.2%</td>
<td></td>
<td>$46,561</td>
<td></td>
<td>$45,346</td>
<td></td>
<td>2.7%</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Circulation</td>
<td></td>
<td>66,403</td>
<td></td>
<td>66,167</td>
<td></td>
<td>0.4%</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Other</td>
<td></td>
<td>12,134</td>
<td></td>
<td>12,454</td>
<td></td>
<td>-2.6%</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Total Revenues</td>
<td></td>
<td>$288,301</td>
<td></td>
<td>$303,734</td>
<td></td>
<td>-5.1%</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="5"><strong>Advertising Revenues by Market:</strong></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>California</td>
<td></td>
<td>$36,025</td>
<td></td>
<td>$39,068</td>
<td></td>
<td>-7.8%</td>
<td></td>
<td>$28,666</td>
<td></td>
<td>$31,525</td>
<td></td>
<td>-9.1%</td>
<td></td>
<td>$7,360</td>
<td></td>
<td>$7,542</td>
<td></td>
<td>-2.4%</td>
</tr>
<tr>
<td>Florida</td>
<td></td>
<td>31,509</td>
<td></td>
<td>33,310</td>
<td></td>
<td>-5.4%</td>
<td></td>
<td>25,533</td>
<td></td>
<td>27,041</td>
<td></td>
<td>-5.6%</td>
<td></td>
<td>5,976</td>
<td></td>
<td>6,269</td>
<td></td>
<td>-4.7%</td>
</tr>
<tr>
<td>Texas</td>
<td></td>
<td>22,900</td>
<td></td>
<td>25,980</td>
<td></td>
<td>-11.9%</td>
<td></td>
<td>17,711</td>
<td></td>
<td>20,891</td>
<td></td>
<td>-15.2%</td>
<td></td>
<td>5,189</td>
<td></td>
<td>5,089</td>
<td></td>
<td>2.0%</td>
</tr>
<tr>
<td>Southeast</td>
<td></td>
<td>61,129</td>
<td></td>
<td>65,037</td>
<td></td>
<td>-6.0%</td>
<td></td>
<td>46,741</td>
<td></td>
<td>51,785</td>
<td></td>
<td>-9.7%</td>
<td></td>
<td>14,387</td>
<td></td>
<td>13,252</td>
<td></td>
<td>8.6%</td>
</tr>
<tr>
<td>Midwest</td>
<td></td>
<td>35,602</td>
<td></td>
<td>37,206</td>
<td></td>
<td>-4.3%</td>
<td></td>
<td>27,312</td>
<td></td>
<td>29,249</td>
<td></td>
<td>-6.6%</td>
<td></td>
<td>8,290</td>
<td></td>
<td>7,957</td>
<td></td>
<td>4.2%</td>
</tr>
<tr>
<td>Northwest</td>
<td></td>
<td>22,471</td>
<td></td>
<td>24,498</td>
<td></td>
<td>-8.3%</td>
<td></td>
<td>17,240</td>
<td></td>
<td>19,276</td>
<td></td>
<td>-10.6%</td>
<td></td>
<td>5,231</td>
<td></td>
<td>5,222</td>
<td></td>
<td>0.2%</td>
</tr>
<tr>
<td>Other</td>
<td></td>
<td>128</td>
<td></td>
<td>15</td>
<td></td>
<td>753.3%</td>
<td></td>
<td>0</td>
<td></td>
<td>0</td>
<td></td>
<td>0.0%</td>
<td></td>
<td>128</td>
<td></td>
<td>15</td>
<td></td>
<td>753.3%</td>
</tr>
<tr>
<td>Total Advertising</td>
<td></td>
<td>$209,764</td>
<td></td>
<td>$225,114</td>
<td></td>
<td>-6.8%</td>
<td></td>
<td>$163,203</td>
<td></td>
<td>$179,767</td>
<td></td>
<td>-9.2%</td>
<td></td>
<td>$46,561</td>
<td></td>
<td>$45,346</td>
<td></td>
<td>2.7%</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="5"><strong>Advertising Statistics for Dailies:</strong></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Full Run ROP Linage</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td>4,238.5</td>
<td></td>
<td>4,496.2</td>
<td></td>
<td>-5.7%</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="3">Millions of Preprints Distributed</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td>1,105.5</td>
<td></td>
<td>1,177.7</td>
<td></td>
<td>-6.1%</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="3"><strong>Average Paid Circulation:*</strong></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Daily</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td>2,026.1</td>
<td></td>
<td>2,143.8</td>
<td></td>
<td>-5.5%</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Sunday</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td>2,745.5</td>
<td></td>
<td>2,775.9</td>
<td></td>
<td>-1.1%</td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="3"><em>Columns may not add due to rounding</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="13"><em>*    Reflects average paid circulation based upon number of days in period. Does not reflect ABC reported figures.</em></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="5"><strong>***THE McCLATCHY COMPANY***</strong></td>
</tr>
<tr>
<td colspan="5"><strong>Reconciliation of GAAP Measures to Non-GAAP Amounts</strong></td>
</tr>
<tr>
<td colspan="5">(In thousands)</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="5"><strong>Reconciliation of Operating Income  to Operating Cash Flows</strong></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td colspan="3"> Three Months Ended</td>
</tr>
<tr>
<td></td>
<td></td>
<td>March 25,</td>
<td></td>
<td>March 27,</td>
</tr>
<tr>
<td></td>
<td></td>
<td>2012</td>
<td></td>
<td>2011</td>
</tr>
<tr>
<td>REVENUES &#8211; NET:</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>   Advertising</td>
<td></td>
<td>$     209,764</td>
<td></td>
<td>$     225,113</td>
</tr>
<tr>
<td>   Circulation</td>
<td></td>
<td>66,403</td>
<td></td>
<td>66,167</td>
</tr>
<tr>
<td>   Other</td>
<td></td>
<td>12,134</td>
<td></td>
<td>12,454</td>
</tr>
<tr>
<td></td>
<td></td>
<td>288,301</td>
<td></td>
<td>303,734</td>
</tr>
<tr>
<td>OPERATING EXPENSES:</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>   Compensation excluding restructuring charges</td>
<td></td>
<td>111,478</td>
<td></td>
<td>119,808</td>
</tr>
<tr>
<td>   Newsprint and supplements</td>
<td></td>
<td>34,339</td>
<td></td>
<td>35,376</td>
</tr>
<tr>
<td>   Other cash operating expenses</td>
<td></td>
<td>81,709</td>
<td></td>
<td>82,013</td>
</tr>
<tr>
<td>   Cash operating expenses excluding</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>     restructuring charges</td>
<td></td>
<td>227,526</td>
<td></td>
<td>237,197</td>
</tr>
<tr>
<td>   Restructuring related compensation</td>
<td></td>
<td>1,171</td>
<td></td>
<td>4,549</td>
</tr>
<tr>
<td>   Restructuring charges</td>
<td></td>
<td>888</td>
<td></td>
<td>-</td>
</tr>
<tr>
<td>   Impairment charges related to asset sales</td>
<td></td>
<td>-</td>
<td></td>
<td>10,302</td>
</tr>
<tr>
<td>   Depreciation and amortization</td>
<td></td>
<td>30,741</td>
<td></td>
<td>31,231</td>
</tr>
<tr>
<td>   Total operating expenses</td>
<td></td>
<td>260,326</td>
<td></td>
<td>283,279</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>OPERATING INCOME</td>
<td></td>
<td>27,975</td>
<td></td>
<td>20,455</td>
</tr>
<tr>
<td>Add back:</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>   Depreciation and amortization</td>
<td></td>
<td>30,741</td>
<td></td>
<td>31,231</td>
</tr>
<tr>
<td>   Restructuring related compensation charges</td>
<td></td>
<td>1,171</td>
<td></td>
<td>4,549</td>
</tr>
<tr>
<td>   Restructuring charges</td>
<td></td>
<td>888</td>
<td></td>
<td>-</td>
</tr>
<tr>
<td>   Impairment charges related to asset sales</td>
<td></td>
<td>-</td>
<td></td>
<td>10,302</td>
</tr>
<tr>
<td>OPERATING CASH FLOW</td>
<td></td>
<td>$       60,775</td>
<td></td>
<td>$       66,537</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>OPERATING CASH FLOW MARGIN</td>
<td></td>
<td>21.1%</td>
<td></td>
<td>21.9%</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td colspan="5"><strong>Reconciliation of Net Income to Adjusted Net Income</strong></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Net loss:</td>
<td></td>
<td>$       (2,087)</td>
<td></td>
<td>$       (1,962)</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Add back certain items, net of tax:</td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>   Loss (gain) on extinguishment of debt</td>
<td></td>
<td>(2,801)</td>
<td></td>
<td>797</td>
</tr>
<tr>
<td>   Restructuring related charges</td>
<td></td>
<td>1,235</td>
<td></td>
<td>2,391</td>
</tr>
<tr>
<td>   Gain on sale of internet asset</td>
<td></td>
<td>-</td>
<td></td>
<td>(1,198)</td>
</tr>
<tr>
<td>   Accelerated depreciation on equipment</td>
<td></td>
<td>1,201</td>
<td></td>
<td>-</td>
</tr>
<tr>
<td>   Non-cash impairments</td>
<td></td>
<td>-</td>
<td></td>
<td>6,492</td>
</tr>
<tr>
<td>   Reversal of interest on tax items</td>
<td></td>
<td>-</td>
<td></td>
<td>(2,359)</td>
</tr>
<tr>
<td>   Certain discrete tax items</td>
<td></td>
<td>(65)</td>
<td></td>
<td>(7,578)</td>
</tr>
<tr>
<td>Adjusted net loss</td>
<td></td>
<td>$       (2,517)</td>
<td></td>
<td>$       (3,417)</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>SOURCE The McClatchy Company</p>
</div>
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		<title>Dot-MLS and other TLD applications delayed</title>
		<link>http://aimgroup.com/blog/2012/04/23/dot-mls-and-other-tld-applications-delayed/</link>
		<comments>http://aimgroup.com/blog/2012/04/23/dot-mls-and-other-tld-applications-delayed/#comments</comments>
		<pubDate>Mon, 23 Apr 2012 13:34:11 +0000</pubDate>
		<dc:creator>Sharon Hill</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[dot-MLS]]></category>
		<category><![CDATA[ICANN application delay]]></category>
		<category><![CDATA[mls]]></category>
		<category><![CDATA[MLS Domains Association]]></category>
		<category><![CDATA[mls.com]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16854</guid>
		<description><![CDATA[      
      By Sharon Hill Internet Corporation for Assigned Names and Numbers (ICANN),  the organization responsible for managing URLS and assigning top level domains, has had to take offline its electronic TLD application system. The deadline for  dot-MLS and other TLD applications was first extended to April 20 and is now in limbo until the system is [...]]]></description>
			<content:encoded><![CDATA[      
      <p><strong>By Sharon Hill</strong></p>
<p>Internet Corporation for Assigned Names and Numbers (ICANN),  the organization responsible for managing URLS and assigning top level domains, has had to take offline its electronic TLD application system. The deadline for  dot-MLS and other TLD applications was first extended to April 20 and is now in limbo until the system is repaired. According to ICANN ongoing announcements, a system error enabled applicants to view some of the other applicants&#8217; names, though ICANN has said it has no evidence of being hacked.</p>
<p>We&#8217;re staying in touch with Brian Larson, corporate secretary at MLS Domains Association, for news on whether the association had secured enough MLSs committed to <strong><a href="http://aimgroup.com/blog/2012/02/19/strange-doings-at-mls-domains-association/">purchase of dot-MLS sites </a></strong>to make its TLD application feasible. As well, we&#8217;re hoping to find out if the China-based owners of <a href="http://www.mls.com">www.mls.com</a>, who are not MLS affiliated, will be applying as well.  The May 1 &#8220;reveal date&#8221; (when anyone can see all applications) has also been moved back to an unknown date.</p>
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		<title> Idealista goes for Rentalia after HomeAway buys vacation rental platform TopRural</title>
		<link>http://aimgroup.com/blog/2012/04/17/idealista-goes-for-rentalia-after-homeaway-buys-vacation-rental-platform-toprural/</link>
		<comments>http://aimgroup.com/blog/2012/04/17/idealista-goes-for-rentalia-after-homeaway-buys-vacation-rental-platform-toprural/#comments</comments>
		<pubDate>Tue, 17 Apr 2012 18:40:59 +0000</pubDate>
		<dc:creator>Cristina Costa</dc:creator>
				<category><![CDATA[CIR]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[homeaway]]></category>
		<category><![CDATA[idealista]]></category>
		<category><![CDATA[property portal]]></category>
		<category><![CDATA[Rentalia]]></category>
		<category><![CDATA[spain]]></category>
		<category><![CDATA[TopRural]]></category>
		<category><![CDATA[us]]></category>
		<category><![CDATA[vacation rentals]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16809</guid>
		<description><![CDATA[There is no excerpt because this is a protected post.]]></description>
			<content:encoded><![CDATA[      
      <p>This post is for AIMGroup / Classified Intelligence clients. Clients can enter the password below. Not a client yet? See our Become a Client page.</p><form action="http://aimgroup.com/wp-pass.php" method="post">
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		<title>Canada real estate classifieds: right in the middle of the pack</title>
		<link>http://aimgroup.com/blog/2012/04/16/canada-real-estate-classifieds-right-in-the-middle-of-the-pack/</link>
		<comments>http://aimgroup.com/blog/2012/04/16/canada-real-estate-classifieds-right-in-the-middle-of-the-pack/#comments</comments>
		<pubDate>Mon, 16 Apr 2012 17:40:56 +0000</pubDate>
		<dc:creator>brian blum</dc:creator>
				<category><![CDATA[Real estate]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16655</guid>
		<description><![CDATA[      
      This isn’t exactly a Canada story, but we were interested to see where Canada placed in terms of property website reach. Property Portal Watch’s Simon Baker put together the list, which found Australia’s RealEstate.com.au in the clear lead, reaching 17 percent of the country&#8217;s population of 22 million people. AtHome.lu in Luxembourg and ImmoWeb.be in [...]]]></description>
			<content:encoded><![CDATA[      
      <p>This isn’t exactly a Canada story, but we were interested to see where Canada placed in terms of property website reach. Property Portal Watch’s Simon Baker put together the list, which found Australia’s RealEstate.com.au in the clear lead, reaching 17 percent of the country&#8217;s population of 22 million people. AtHome.lu in Luxembourg and ImmoWeb.be in Belgium also scored high with 14 percent reach.</p>
<p>On the other end of the scale, Japan, China, Brazil and Mexico have relatively small Internet penetration, Baker says, and therefore the online real estate reach is smaller (none of them scored more than 2 percent reach in his survey).</p>
<p>It should be noted that Baker looked at unique visitors to a site and compared it to the overall population of the country and not the number of Internet users which, for Western-oriented countries ,wouldn’t make that much of a difference, but could unfairly penalize developing nations.</p>
<p>So where did Canada fall out? Pretty much right in the middle. The leading site was Realtor.ca which reached 7.1 percent of Canadian consumers.</p>
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		<title>Zoopla/DMGT merger gets green light</title>
		<link>http://aimgroup.com/blog/2012/04/16/zoopladmgt-merger-gets-green-light/</link>
		<comments>http://aimgroup.com/blog/2012/04/16/zoopladmgt-merger-gets-green-light/#comments</comments>
		<pubDate>Mon, 16 Apr 2012 16:12:04 +0000</pubDate>
		<dc:creator>steve shipside</dc:creator>
				<category><![CDATA[Legal Notices]]></category>
		<category><![CDATA[Real estate]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16805</guid>
		<description><![CDATA[      
      It&#8217;s been a busy day at DMGT (Daily Mail and General Trust plc) with the announcements of both the Jobrapido purchase by its job division Evenbase, and the go-ahead from the U.K.&#8217;s Office of Fair Trading (OFT) for the much-discussed proposed merger between the Digital Property Group and Zoopla. Now that the trade body has [...]]]></description>
			<content:encoded><![CDATA[      
      <p>It&#8217;s been a busy day at DMGT (Daily Mail and General Trust plc) with the announcements of both the <a title="Evenbase buys Jobrapido" href="http://aimgroup.com/blog/2012/04/16/evenbase-buys-jobrapido/">Jobrapido purchase by its job division Evenbase</a>, and the go-ahead from the U.K.&#8217;s Office of Fair Trading (OFT) for the much-discussed proposed merger between the Digital Property Group and Zoopla.</p>
<p>Now that the trade body has ruled that the merger does not reduce competition and so does not need to be approved by the Competition Commission the move is widely expected to be completed within the next few weeks. That should then lead to the creation of what will arguably be the only realistic competition for top-dog Rightmove.</p>
<p>In official statements all concerned applauded the decision. Alex Chesterman, Zoopla Founder and CEO, described the merger as; &#8220;pro-competitive and is good news for both our users and customers.&#8221; Mark Milner, CEO of the Digital Property Group nodded at Rightmove&#8217;s prior dominance when he said that; &#8220;this is an important day for the industry, given the long-awaited balance in the market that this deal will deliver. It has been a long time coming and the enhanced value that the combined business will provide will make this deal a clear win for U.K. estate agents, letting agents and housebuilders.&#8221; Martin Morgan, Chief Executive of DMGT was equally clear about what the target will be for the merged entity; &#8220;we now have the opportunity to challenge the market leader in the online property sector, to the benefit of both consumers and clients&#8221;.</p>
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		<title>CareerBuilder boosts Gannett classifieds Q1</title>
		<link>http://aimgroup.com/blog/2012/04/16/careerbuilder-boosts-gannett-classifieds-q1/</link>
		<comments>http://aimgroup.com/blog/2012/04/16/careerbuilder-boosts-gannett-classifieds-q1/#comments</comments>
		<pubDate>Mon, 16 Apr 2012 14:11:16 +0000</pubDate>
		<dc:creator>Sharon Hill</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Financial results]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Recruitment]]></category>
		<category><![CDATA[careerbuilder]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16788</guid>
		<description><![CDATA[      
      Gannett Company, Inc. has just reported that digital revenue was up nearly 7 percent the first quarter of 2012, primarily thanks to recruitment revenue boosts at CareerBuilder. Sales and marketing for the career site were up as well, however, and the overall classified outlook for the media group is still bleak. As the graph below [...]]]></description>
			<content:encoded><![CDATA[      
      <p>Gannett Company, Inc. has just reported that digital revenue was up nearly 7 percent the first quarter of 2012, primarily thanks to recruitment revenue boosts at CareerBuilder. Sales and marketing for the career site were up as well, however, and the overall classified outlook for the media group is still bleak. As the graph below clearly shows, U.S. real estate and legal advertising saw the biggest drops in classified ad dollars.</p>
<p><a href="http://aimgroup.com/files/2012/04/gannettQ12012classy2.jpg"><img class="aligncenter size-full wp-image-16793" src="http://aimgroup.com/files/2012/04/gannettQ12012classy2.jpg" alt="" width="450" height="214" /></a></p>
<p><em>Here&#8217;s the earnings release</em>:</p>
<h4 style="text-align: center"><span style="color: #000080">Gannett Co., Inc. Reports First Quarter Results <span id="more-16788"></span></span></h4>
<p>&nbsp;</p>
<h6 style="text-align: center"><strong>Reported Earnings per Diluted Share of $0.28, Non-GAAP Earnings per Diluted Share of $0.34<br />
Operating Cash Flow Totaled $204 million Excluding Special Items<br />
Free Cash Flow Totaled $148 million<br />
Operating Revenues Totaled $1.22 billion<br />
Company-Wide Digital Revenues Increased 8 percent Year-Over-Year</strong></h6>
<p>&nbsp;</p>
<p><strong></strong>MCLEAN, Va., April 16, 2012 /PRNewswire via COMTEX/ &#8211;Gannett Co., Inc. (NYSE: GCI), a leading international media and marketing solutions company, today reported first quarter financial results. Earnings per diluted share, on a GAAP (generally accepted accounting principles) basis were $0.28 for the first quarter of 2012 compared to $0.37 for the first quarter last year. Excluding special items in 2012 and 2011, first quarter earnings per diluted share were $0.34 compared to $0.41 for the same quarter in 2011.</p>
<p>Gracia Martore, president and chief executive officer, said, &#8220;We are pleased with the progress we are making on the strategic initiatives underway across the company that will position Gannett for success in the digital age. Key highlights from the first quarter include launching a new all-access, all-platform content subscription model in six markets, rolling out Digital Marketing Services in our top markets and paving the way for important new advertising and marketing revenue opportunities through the expansion of our USA TODAY Sports Media Group. We also completed approximately $20 million of the $65 million of planned 2012 strategic initiative investments. We expect to see returns on our strategic initiative investments as the year progresses and for many years to come. We are squarely focused on leveraging the iconic brands, local connections and financial strength that differentiate our business to implement our growth plan while returning $1.3 billion to investors by 2015.&#8221;</p>
<p>Martore continued, &#8220;Our first quarter results were impacted by spending on strategic investments and advertising softness, particularly during January&#8217;s industry-wide slowdown. Improving advertising activity in February and March, while encouraging, did not overcome the slow start to the year. Importantly, each of our businesses remained solidly profitable, and our Broadcasting and Digital segments delivered strong revenue growth of 8 percent and 7 percent, respectively. Digital revenue growth of 13 percent in our Publishing segment underscored the success we are achieving in establishing the robust content and advertising platforms that will power our renewed growth.&#8221;</p>
<p>In addition to investments in strategic initiatives, results for the first quarter of 2012 include net special charges affecting operating income related to facility consolidations and workforce restructuring. Facility consolidation charges totaled $4.8 million ($2.9 million after tax or $0.01 per share) reflecting primarily accelerated depreciation costs associated with the transfer of production activities for The Cincinnati Enquirer to a third-party printer in Columbus, Ohio announced in the fourth quarter last year. Workforce restructuring charges of $16.3 million ($9.7 million after tax or$0.04 per share) reflect principally the impact of an early retirement offer plan announced in the first quarter.</p>
<p>Results for the first quarter of 2011 included $7.7 million of non-cash charges primarily associated with facility consolidations ($4.6 million after-tax or $0.02 per share) and $6.0 million in costs due to workforce restructuring ($3.9 million after-tax or $0.02 per share).</p>
<p>Amounts reported in accordance with GAAP are contained in Tables 1 and 2. Certain amounts and comparisons included in the following discussion of GAAP results are supplemented by discussions which exclude the effect of special items. Details of these special items and their effect on GAAP results are included on the Non-GAAP Financial Information Tables 3 through 6 attached to this release. The company&#8217;s basis for providing discussions of non-GAAP results is detailed below.</p>
<p><span style="text-decoration: underline"><strong>CONTINUING OPERATIONS</strong></span></p>
<p>Net income attributable to Gannett in the first quarter of 2012 totaled $68.2 million while net income attributable to Gannett on a non-GAAP basis was $80.8 million. Reported operating income was $135.7 million and non-GAAP operating income totaled $156.7 million. Operating cash flow in the quarter (a non-GAAP term defined as operating income plus special items, depreciation and amortization) was $204.3 million.</p>
<p>Total operating revenues for the company in the first quarter totaled $1.22 billion, a decline of 2.6 percent. Digital segment revenues were almost 7 percent higher reflecting primarily solid revenue growth at CareerBuilder. A 7.5 percent increase in Broadcasting segment revenues was driven by stronger advertising demand and growth in retransmission revenue. Publishing segment revenues declined 6.0 percent reflecting, in part, the impact of sluggish economic growth on advertising demand early in the quarter.</p>
<p>Operating expenses including the special charges noted above were $1.08 billion in the first quarter this year compared to $1.07 billion in the first quarter last year. Continuing cost control and efficiency efforts company-wide were offset in part by $20 million of initiative investments noted previously that impacted the publishing segment primarily and an increase of approximately $6 million in pension expense. On a non-GAAP basis, operating expenses which exclude special items and include the impact of the investment in strategic initiatives and pension expense totaled$1.06 billion, relatively unchanged from the first quarter a year ago. Non-GAAP operating expenses in the Publishing segment were lower in the quarter reflecting the impact of continuing efficiency efforts partially offset by investments in strategic initiatives. Broadcast segment expenses were higher in the quarter due, in part, to sales costs associated with higher revenue and strategic initiative investments. The increase in Digital segment expenses related to higher technology support costs associated with new business initiatives and higher sales costs at CareerBuilder, and product development costs at other Digital segment businesses.</p>
<p>During the quarter the company announced a new capital allocation plan that included a 150 percent increase in the annual dividend to $0.80 per share and a $300 million share repurchase program targeted to be completed over the next two years. The purchase of approximately 2.4 million shares was completed during the quarter for $35.5 million.</p>
<p><span style="text-decoration: underline"><strong>PUBLISHING</strong></span></p>
<p>Publishing segment operating revenues in the quarter were $874.1 million compared to $929.8 million in the first quarter last year reflecting soft advertising demand due in part to the tepid pace of the economic recovery. Digital revenues in the Publishing segment were 12.5 percent higher in the quarter.</p>
<p>Advertising revenues totaled $551.4 million compared to $601.7 million in the first quarter of 2011. Year-over-year advertising revenue comparisons improved sequentially within the quarter. Advertising revenues in the U.S. were 8.3 percent lower in the first quarter. At Newsquest, the company&#8217;s operations in the UK, advertising revenues declined 6.0 percent, in pounds.  The complete release is on the <strong><a href="http://phx.corporate-ir.net/phoenix.zhtml?c=84662&amp;p=irol-newsArticle&amp;ID=1683244&amp;highlight=">Gannett website</a>. </strong></p>
<p>&nbsp;</p>
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		<title>RentJuice launches Common Application</title>
		<link>http://aimgroup.com/blog/2012/04/14/rentjuice-launches-common-application/</link>
		<comments>http://aimgroup.com/blog/2012/04/14/rentjuice-launches-common-application/#comments</comments>
		<pubDate>Sat, 14 Apr 2012 16:32:40 +0000</pubDate>
		<dc:creator>Sharon Hill</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[common application]]></category>
		<category><![CDATA[rental relationship management]]></category>
		<category><![CDATA[rentjuice]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16748</guid>
		<description><![CDATA[      
      By Sharon Hill The new online and mobile-enabled tool by rental-relationship-management innovator RentJuice can be described as a Facebook Connect for rental listings. With the new Common Application, a prospective renter can complete her or his online application one time and then send it in one-click thereafter to any property she favors. The tool also [...]]]></description>
			<content:encoded><![CDATA[      
      <p><a href="http://aimgroup.com/files/2012/04/rentjuice-common-app.jpg"><img class="alignright size-full wp-image-16751" src="http://aimgroup.com/files/2012/04/rentjuice-common-app.jpg" alt="" width="240" height="150" /></a><strong>By Sharon Hill</strong></p>
<p>The new online and mobile-enabled tool by rental-relationship-management innovator <strong><a href="http://www.rentjuice.com">RentJuice</a></strong> can be described as a Facebook Connect for rental listings. With the new Common Application, a prospective renter can complete her or his online application one time and then send it in one-click thereafter to any property she favors. The tool also enables online and smart-phone or tablet-based lease application as well. To kick off its launch in Boston, Chicago, Miami, New York and San Francisco, every rental application enters the applicant into a drawing for a $500 Amazon gift card.</p>
<p><em>Here&#8217;s the announcement: <span id="more-16748"></span></em></p>
<h4 style="text-align: center"><span style="color: #000080">RentJuice Rolls Out Unprecedented Online Lease Signing and &#8220;Common Application&#8221; for Renters, </span></h4>
<h4 style="text-align: center"><span style="color: #000080">Enables New Way of Signing Up Tenants</span></h4>
<h6 style="text-align: center"><span style="color: #000000"><em> Gives Apartment Seekers a Leg Up in Their Hunt, Enables Real Estate Pros to Dial Up Their Leasing Business From a Smartphone or Tablet</em></span></h6>
<p>&nbsp;</p>
<p>SAN FRANCISCO, CA&#8211;(Marketwire &#8211; Apr 12, 2012) &#8211; Renters can now gain an edge in the rental race thanks to the &#8220;Common Application&#8221; by RentJuice, provider of lease marketing technology to thousands of real estate property managers and brokers. Similar to Facebook Connect, consumers fill out RentJuice&#8217;s Common Application online one time and their personal information can subsequently prepopulate any real estate office&#8217;s custom leasing-related forms, as well as applications for separate rental units.</p>
<div>
<p>The time-and-effort-saving Common Application is a key component of RentJuice&#8217;s new online leasing process, which gives renters working with a RentJuice broker the chance to initiate and complete the rental application process immediately. Landlords and agents can send a client a consolidated set of online forms for a property in their RentJuice account using a smartphone or tablet, eliminating the need to make a trip to the office. No pen and paper, scanner, fax machine or envelope is needed &#8212; applicants can even sign leasing forms online using a mouse or their finger with any touchscreen mobile device.</p>
<p>Adding to a list that includes the Boston, Chicago, Miami and New York City metro areas, RentJuice last month began serving its hometown, San Francisco. Since a limited pilot program was initiated in February, nearly 4,000 new lease deals have been created using RentJuice.</p>
<p>&#8220;We are so excited to tell our clients about RentJuice&#8217;s online leasing, because we want them to know that working with us gives them an advantage in their apartment search, particularly in a highly competitive rental market,&#8221; said David Chesnosky of RentSFNow, a San Francisco-based RentJuice customer. &#8220;In a city like San Francisco, waiting a few hours to get the leasing process started can put you in line behind a dozen other applicants, and RentJuice&#8217;s tool creates speed for the tenant while letting us see the final submission printed on our own custom paperwork.&#8221;</p>
<p>More secure than sending scanned documents by email, the personal information submitted by renters via RentJuice&#8217;s Common Application is password-protected in a 256-bit-security rental data repository. The details collected from consumers come standard with every RentJuice account &#8212; live and as a downloadable PDF &#8212; but the platform also supports the numerous, varied applications for which different landlords ask, simplifying them to the most common set of questions and information. Landlords and leasing managers that are RentJuice users can link into this global renter identity database to receive and compare applications easily &#8212; online, in one place.</p>
<p>Saving time and effort, the Common Application benefits all parties involved: consumers have a safe place to store their rental identity and can easily share requested information, while property managers and leasing agents can quickly and efficiently screen tenants.</p>
<p>&#8220;In recognition of an aggressive rental market, this is a giant step toward expediting the leasing process, bringing it almost entirely online in a completely unique way,&#8221; said David Vivero, CEO of RentJuice. &#8220;Online lease signing and the Common Application iron out a pretty complex process for renters while respecting the unique needs of each landlord or broker. It allows all business to be conducted remotely with just an Internet connection and mobile device &#8212; this is not just an app; it&#8217;s a way of doing business.&#8221;</p>
<p>To celebrate the launch of Online Leasing, RentJuice is giving away a $500 Amazon gift card to one lucky leasing agent. Each time a rental application is signed using RentJuice&#8217;s Online Leasing tool, the applicant&#8217;s leasing agent is given one entry into the contest. The only limit to an agent&#8217;s entries is the number of applicants they can sign up. Additional details for the contest can be found at <a href="http://www.rentjuice.com/online-leasing-contest-terms">http://www.rentjuice.com/online-leasing-contest-terms</a>.</p>
<p>RentJuice is an online platform that allows property managers and landlords to instantly share their availabilities with partner companies for free to shorten vacancies and improve communication. The Company also offers a paid upgrade that provides agents, brokers and leasing offices a &#8220;virtual rental office,&#8221; available from a browser, iPhone or iPad. From powering a leasing agent&#8217;s Facebook page and WordPress website to offering outsourced data entry and automatic ad syndication to dozens of consumer websites such as HotPads, Zillow and Trulia, RentJuice makes every step of the rental marketing process simpler.</p>
<p>For a demo of RentJuice&#8217;s online leasing, visit <a href="http://info.rentjuice.com/Online-Leasing-Video.html">http://info.rentjuice.com/Online-Leasing-Video.html</a>.</p>
<p>About RentJuice<br />
RentJuice was founded in 2009 by CEO David Vivero &#8212; recently named to the <em>Forbes</em> 30 Under 30 in Real Estate list &#8212; and CTO Kunal Shah and is led by a team that has helped grow companies like TripIt, HubSpot, Vimeo and CollegeHumor. The Company pioneered the online software category Rental Relationship Management (RRM) and currently serves the Boston, Chicago, Miami, New York and San Francisco markets.</p>
</div>
<p>&nbsp;</p>
<p>&nbsp;</p>
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		<title> Immonet’s plan to shake off Immowelt</title>
		<link>http://aimgroup.com/blog/2012/04/12/immonets-plan-to-shake-off-immowelt/</link>
		<comments>http://aimgroup.com/blog/2012/04/12/immonets-plan-to-shake-off-immowelt/#comments</comments>
		<pubDate>Thu, 12 Apr 2012 19:18:10 +0000</pubDate>
		<dc:creator>Christoffel Volschenk</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[axel springer]]></category>
		<category><![CDATA[germany]]></category>
		<category><![CDATA[immonet]]></category>
		<category><![CDATA[immowelt]]></category>
		<category><![CDATA[Markt.gruppe]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16710</guid>
		<description><![CDATA[There is no excerpt because this is a protected post.]]></description>
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		<title> Digitizing, socially sharing print ads</title>
		<link>http://aimgroup.com/blog/2012/04/10/digitizing-socially-sharing-print-ads/</link>
		<comments>http://aimgroup.com/blog/2012/04/10/digitizing-socially-sharing-print-ads/#comments</comments>
		<pubDate>Tue, 10 Apr 2012 17:56:30 +0000</pubDate>
		<dc:creator>Sharon Hill</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Marketplace]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Recruitment]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[adsupercharger]]></category>
		<category><![CDATA[digitizing print ads]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16652</guid>
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		<title>Players shadow one another in mobile market share battle</title>
		<link>http://aimgroup.com/blog/2012/04/03/players-shadow-one-another-in-mobile-market-share-battle/</link>
		<comments>http://aimgroup.com/blog/2012/04/03/players-shadow-one-another-in-mobile-market-share-battle/#comments</comments>
		<pubDate>Tue, 03 Apr 2012 16:32:07 +0000</pubDate>
		<dc:creator>Christoffel Volschenk</dc:creator>
				<category><![CDATA[Real estate]]></category>
		<category><![CDATA[immobilienscout24.de]]></category>
		<category><![CDATA[immonet.de]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16505</guid>
		<description><![CDATA[      
      By Christo Volschenk The battle for mobile market share fought by Germany&#8217;s top real estate platforms continues at a relentless pace, with no player allowing the other any space to maneuver. In the latest exchange Immonet and Immobilienscout24 launched identical home-builder apps within 6 days of one another. Both are free. Immonet&#8217;s app came first, but [...]]]></description>
			<content:encoded><![CDATA[      
      <p><strong>By Christo Volschenk</strong><br />
The battle for mobile market share fought by Germany&#8217;s top real estate platforms continues at a relentless pace, with no player allowing the other any space to maneuver. In the latest exchange Immonet and Immobilienscout24 launched identical home-builder apps within 6 days of one another. Both are free. Immonet&#8217;s app came first, but Immobilienscout24&#8242;s app is bigger.<span id="more-16505"></span></p>
<p><a href="http://www.immonet.de/service/hausbau-app.html" target="_blank"> Here</a> you can read more about Immonet&#8217;s app and <a href="http://www.boerse-go.de/nachricht/Traumhaussuche-auf-dem-iPad-ImmobilienScout24-startet-neue-Hausbau-App,a2797599.html" target="_blank">here</a> is the media release on Immobilienscout24&#8242;s app. <a href="http://itunes.apple.com/de/app/hausbau-immobilien-scout24/id511915778?mt=8" target="_blank">Here</a> is the link to the App Store. Immobilienscout24 first mentioned the app in December last year, when the firm Agentur dasHolthaus, originator of the idea, received financial support from Immobilienscout24 to further develop the app (media release in German<a href="http://www.immobilienscout24.de/de/ueberuns/presseservice/pressemitteilungen/20111212a.jsp" target="_blank"> here</a>).</p>
<p>From these links (all in German) you&#8217;ll see Immonet has 700 house plans to choose from, and Immobilienscout24 &#8220;more than a 1,000&#8243;.</p>
<p>The Immonet app is designed to be income-generating, and it must be assumed (given the intensity-level of the competition) that Immobilienscout24&#8242;s app is also income-generating. (We are still awaiting confirmation.)</p>
<p>(UPDATE: ImmobilienScout24 confirmed their app is income-generating. A listing on the app is part of a package bought by a building company wanting to advertise on the portal, a spokesman said.)</p>
<p>In Immonet&#8217;s case, consumer inquiries to building companies (leads) generated by the app are paid for by the participating building companies. How much, is not known.</p>
<p>Other income-generating ideas both portals introduced in the past 15 months:</p>
<p>* Both acquired and then integrated move management portals last year (<a href="http://www.immonet.de/service/umzug.html" target="_blank">here </a>and <a href="http://www.immobilienscout24.de/de/umzug/index.jsp" target="_blank">here</a>);</p>
<p>* Both developed and launched online property evaluation tools last year (<a href="http://www.immonet.de/service/immobilienbewertung.html" target="_blank">here</a> and <a href="http://www.immobilienscout24.de/de/immobilienbewertung/index.jsp" target="_blank">here</a>).</p>
<p>Both also released several non-income-generating apps in the course of the past 15 months.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
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		<title>Tribune242.com, new Nassau news site, classifieds coming soon &#8211; UPDATE</title>
		<link>http://aimgroup.com/blog/2012/04/03/tribune242-com-new-nassau-news-site-classifieds-coming-soon/</link>
		<comments>http://aimgroup.com/blog/2012/04/03/tribune242-com-new-nassau-news-site-classifieds-coming-soon/#comments</comments>
		<pubDate>Tue, 03 Apr 2012 13:22:17 +0000</pubDate>
		<dc:creator>Sharon Hill</dc:creator>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[Building Sales]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Recruitment]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[ellington marketplace]]></category>
		<category><![CDATA[mediaphormedia]]></category>
		<category><![CDATA[tribune242.com]]></category>

		<guid isPermaLink="false">http://aimgroup.com/?p=16489</guid>
		<description><![CDATA[      
      Ellington Marketplace, a licensed product of The World Company&#8217;s Mediaphormedia, is the platform behind Tribune Limited&#8217;s new Tribune242.com, in Nassau, Bahamas. While the online / PDF publication is news only, classifieds are coming soon. Viewers can listen to Tribune Radio News podcasts, take part in polls, and follow the publication on Twitter &#8211; @Tribune242, or Facebook [...]]]></description>
			<content:encoded><![CDATA[      
      <p>Ellington Marketplace, a licensed product of The World Company&#8217;s Mediaphormedia, is the platform behind Tribune Limited&#8217;s new <strong><a href="http://www.tribune242.com">Tribune242.com</a>, </strong>in Nassau, Bahamas. While the online / PDF publication is news only, classifieds are coming soon. Viewers can listen to Tribune Radio News podcasts, take part in polls, and follow the publication on Twitter &#8211; @Tribune242, or Facebook &#8211; Facebook.com/tribune242.</p>
<p><em>Please note:</em> <em>this update is a correction of a prior version that affiliated the publication with Chicago-based Tribune Company. That is not the case. The entirely separate Tribune Limited organization is based in Nassau, Bahamas</em>.</p>
<p>Prior to the launch of classified listings, the Marketplace product offers ad sales opportunities to auto dealers, real estate practitioners, property managers and service firms through its business directory product. Marketplace enables a directory of local businesses, typically at no charge to the business, with upsells that boost the publisher&#8217;s bottom line. Coupon capability, and ad tracking / analytics are part of the package. While not the only Marketplace product for publishers, Mediaphormedia&#8217;s Marketplace has a long history of working with media clients that include <strong><a href="http://www.utahfindit.com">Ogden Publishing Corp</a>., <a href="http://www.everythingamarillo.com">Amarillo (TX) Globe News, </a></strong>and <strong><a href="http://www.local540.com">Fayetteville (AR) Flyer.</a></strong> For what Marketplace can do for classifieds, take a look at <strong><a href="http://www2.ljworld.com/marketplace/classifieds/">WorldClassifieds</a>, </strong>the classified home of The World Company&#8217;s flagship newspaper, the Lawrence (KS) Journal World.</p>
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