Careerbuilder buys JobScout24…or did it?
by Christo Volschenk
Apparently, CareerBuilder bought JobScout24.de and Jobs.de from the Scout24 Group, a Deutsche Telekom subsidiary. Details of the deal, which is called “an acquisition” by Careerbuilder spokesmen and “a partnership” by Scout24 spokesmen, are sparse and confusing.
CareerBuilder posts $160M in Q2 revenues
Despite a still-struggling job market, CareerBuilder posted increases in North American (U.S. and Canada) revenues for Q2.
Total revenues were $160 million, up 15 percent from Q2 of 2010 and up 7 percent from Q1 of this year. The total includes revenues from CareerBuilder’s newspaper partners.
CareerBuilder’s direct sales force accounted for $137 million of the Q2 total, which was up 18 percent from the same quarter of 2010 and up 8 percent from Q1 of this year.
The privately held company doesn’t report international revenues. But a spokesperson said it “grew significantly year-over-year in Q2,” and added:
“Our growth reflects both a stronger employment market (job listings are up across categories) and our expansion of human capital solutions that go beyond our job board. We see increasing demand for our Supply & Demand portal, Talent Network offering, Work@ application and others. ”
CareerBuilder North America dollars up 13%
US auto, job ad dollars up at Gannett
While Gannett Co.’s global good news in the classified arena is reserved for automotive, recruitment revenue in the US showed some good improvement year over year, according to Gannett’s Q1 2011 earnings release. CareerBuilder unique visitors increased 21 percent to 24.4 million, while US recruitment advertising dollars increased 7.3 percent. Newsquest dropped 29.8 percent, however, dragging the overall recruitment picture to a 6.7 percent drop. Automotive dollars in the US were up 6.1 percent, offsetting the UK loss for an overall improvement of 3.4 percent year over year. The worst drop in real estate was in the United States – 18.5 percent – for a total Gannett real estate decrease YOY of 13.5 percent.
Noteworthy as well is the launch of the new Gannett website, an admirable new design. Do take a look.
The new Gannett.com
Here’s the earnings release.
Gannett broadcast, CareerBuilder, auto up
Gannett Co. Inc. reported Q410 earnings that showed its broadcast division as the bright spot for earnings, with a 46.9 percent increase in operating income year over year.
“Broadcasting had an outstanding year in terms of rating, revenue and profitability,” said Gannett chair and CEO Craig Dubow, in the earnings release. “Strong results in the Digital segment, particularly at CareerBuilder, also contributed to our earnings growth. In our Publishing segment, revenue comparisons finished the year better than they started. Reflecting the state of the US economy, there were bright spots in auto and employment classified publishing operations, although real estate continued to be soft. Without a doubt, Gannett today is a stronger company than it was in the beginning of 2010.”
Ferguson: False rumor about exit
Contrary to a rumor on a Gannett employees’ forum, CareerBuilder CEO Matt Ferguson isn’t leaving his post. Who says so? Ferguson.
Our very own Sharon Hill’s eagle eye caught the tidbit on the forum, which was thrown into the middle of some other conversation. If it were true, that would have been a pretty significant story in the recruitment-advertising industry. Sharon was quick to contact CareerBuilder, which called the rumor false.
I reached out to Matt via e-mail. He replied via his iPhone: “Just incorrect rumors. Not sure how they started.”
Where’s that rumor? I’m not going to link to it and risk spreading it.
Gannett has nearly a 51 percent stake in CareerBuilder.
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