Yell Group Plays the Name Game

The global directories company Yell Group, which is fighting a rapidly declining core business as it shifts to new digital products, has announced it will be changing its name to Hibu, pending the approval of its shareholders in July. The…

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AT&T Completes YP Sale

AT&T has finalized the sale of 53 percent of its Yellow Pages operation to the private equity firm Cerberus Capital, which has launched YP Holdings LLC. The new company will be led by newly appointed CEO David Krantz, who had…

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Ambassador Media Files Chapter 7

Ambassador Media Group filed for Chapter 7 bankruptcy Friday, citing debts of more than $10 million and assets of only $4 million. A Chapter 7 filing usually signifies a company's intent to liquidate. With $4 million in assets and $10…

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Seat Reeling From Death of CEO

The staff of Italy's leading directory publisher, Seat Pagine Gialle, is in a state of shock following the sudden death last week of its popular CEO, who is credited with saving the company from collapse. Alberto Cappellini died March 25 from…

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U.K.’s Thomson Local Gets New CEO

Thomsonlocal.com, the U.K. local print and online directories company owned by Italy's Seat PG, has changed CEOs. Effective April 1, Elio Schiavo will move over to run Seat's Telegate (directory assistance) operation full time. Schiavo has recently been dividing his…

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PagesJaunes Pushes Past 50% Digital Mark

The French directory company PagesJaunes Groupe reported 2011 revenues of 1.1 billion euros today, with 575 million euros from digital sources. That's 52.2 percent of total revenues. The company, which has a dominant position in directories in France, posted a…

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YPG 2012 Outlook: Digital Hopes and Debt Woes

Online revenues for Canada's Yellow Pages Group grew 30 percent in 2011, offsetting declines in its domestic print business as well as its U.S. operations, according to the company's recently released earnings. Revenues decreased to C$1.3 million in 2011 compared with C$1.4…

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Yellow Media Scales Back On Canpages

Yellow Media is cutting jobs in its Canpages print directories division but says it will keep its Canpages online business. "From an online and mobile perspective, the Canpages brand will continue to exist," said Yellow Pages Group Treasurer Anne-Sophie Roy.…

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AT&T Opens Door to YP Sale

On yesterday's AT&T earnings call, CEO Randall Stephenson opened the door to the possibility that the telecom giant would sell off its directories business. Here is what Stephenson said on yesterday's earnings call: "That's one area that we're going to…

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