Welcome!

Agile Computing Authors: Liz McMillan, Elizabeth White, John Worthington, APM Blog, William Schmarzo

News Feed Item

SCMP Acquires Top Luxury Lifestyle Publisher -- Destination Macau Limited

Expands Into Macau to Capture High Net-worth Readers in the Region

HONG KONG, CHINA -- (Marketwired) -- 03/24/14 -- SCMP Group Ltd (HKSE: 583), Asia's leading media holding company, announced today that it will acquire leading luxury lifestyle publisher Destination Macau Limited from Ignite Media Group Limited to further consolidate its market share in the South China region's luxury lifestyle media space.

As the world's number one gaming market, Macau surpassed Las Vegas' total gaming revenue in 2013 by seven times, and is tipped to continue its accelerating pace of growth. This is underpinned by its status as a tourism hub for China's rapidly expanding middle class, whose consumption demand has prompted a doubling of Macau's hotel rooms in the next 5 years. Moreover, as demonstrated by its more than US$8 billion worth of retail sales in 2013, the opportunity is extremely attractive.

Destination Macau Limited publishes two titles -- luxury lifestyle title Destination Macau and ultra high-end magazine DM Exclusive in English and Simplified Chinese, with both delivering high quality leisure lifestyle content, featuring topics such as luxury brands to watch out for, world-class Macau entertainment reviews, and fine-dining experiences to be had. Moreover, Destination Macau Limited also operates a growing custom publishing business to cater to the content marketing needs of luxury brands, services and retailers aiming to capture the rapidly growing population of Macau-bound jetsetters traveling from China and the world.

This strategic addition to SCMP Group's ever-growing portfolio of magazines, which already boasts Cosmopolitan, Elle, Esquire, Harper's Bazaar, PEAK and STYLE, further reinforces its dominant position in the luxury lifestyle segment. Importantly, it gives SCMP Group the key to enter Macau -- China's entertainment tourism capital, and the world's fastest growing gaming market.

"The combination of Destination Macau's high quality content, and its native base of affluent readers from Macau, China and the world makes this acquisition a perfect fit into the SCMP Group's family of luxury titles, and adds to an even more formidable offering to our network of top tier advertisers", said Ms. Elsie Cheung, Chief Operating Officer of SCMP Group.

Moreover, "with Destination Macau's strong brand equity and established market presence in Macau, it presents a fertile opportunity for further growth when coupled with our award-winning expertise in multimedia magazine publishing, advertising, bespoke events and custom publishing", continued Ms. Cheung.

"Advertisers today, especially the sophisticated top-tier brands that we regularly work with, are increasingly searching for cross-platform opportunities that allow them to communicate to their target audience along more touch points. With the SCMP Group, we are confident Destination Macau Limited has found the perfect home", remarked Ms. Carrie Leung, General Manager of Ignite Media Group.

"Ignite has built Destination Macau and Destination Macau Exclusive into Macau's premier luxury publishing titles; and knowing SCMP Group's capabilities, we are confident they will be able to take this business to the next level".

"We look forward to further collaboration and partnerships as Ignite accelerates its market-leading platforms -- Macau.com, Qoos.com, MacauHR and Aomen.TV, together with our portfolio of services to continue supporting the growth and diversification of the new Macau", concluded Ms. Leung.

Destination Macau Limited will operate under SCMP Group's management from late March onwards, and Destination Macau will maintain its popular editorial direction, and its distribution network within 5-star hotels and resorts, airlines, dedicated direct-to-Macau ferries, and most importantly, its direct distribution to high net-worth individuals in Macau.

Image
Destination Macau, the Design Issue
http://release.media-outreach.com/release.php/Images/1674

Company Logo
http://release.media-outreach.com/release.php/Images/1596

About Ignite Media Group Ltd

Ignite Media Group (http://www.igniteasia.com) is Macau's premier media and services conglomerate with market-leading positions in online, out-of-home, print and services enterprises dedicated to promoting Macau as Asia's #1 entertainment destination. Ignite includes market-leading media brands across multiple verticals: Macau.com (Macau's #1 online travel and destination marketing platform), Qoos.com (Macau's #1 Chinese language social media community and C2C listings platform), Aomen.tv (Macau's #1 online TV production company), MacauHR (Macau's #1 integrated online jobs listings and recruitment / corporate services firm), New Macau Box Offices (Macau's #1 show ticketing company), EC-Ad (outdoor media) and Ignition (media agency & advisory services).

About SCMP Group Ltd

SCMP Group Limited (HKSE: 583) is a leading newspaper and magazine publisher in Asia. Its flagship publication, South China Morning Post, is Hong Kong's internationally recognised English language newspaper and has the city's most affluent and influential readership. First published in 1903, the newspaper has developed an enviable reputation for authoritative, influential and independent reporting on Hong Kong, China and the rest of Asia. Available in print, iPad™ and online through scmp.com and e-reader editions, South China Morning Post reaches a global audience with daily breaking news, analysis and opinion, multimedia articles and interactive forums. The South China Morning Post received 65 awards in 2013 for excellence in editorial, marketing and technical capability. Other titles in the Group include the Sunday Morning Post, the Chinese editions of Cosmopolitan, Harper's Bazaar, ELLE, ELLE Men, Esquire and CosmoGirl!, PEAK, HK Magazine, The List, Where Hong Kong, and Where Chinese.

For more information, please visit us at: www.scmpgroup.com

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2548922

Contact:
SCMP Group
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
SYS-CON Events announced today that Evatronix will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Evatronix SA offers comprehensive solutions in the design and implementation of electronic systems, in CAD / CAM deployment, and also is a designer and manufacturer of advanced 3D scanners for professional applications.
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
An increasing number of companies are creating products that combine data with analytical capabilities. Running interactive queries on Big Data requires complex architectures to store and query data effectively, typically involving data streams, an choosing efficient file format/database and multiple independent systems that are tied together through custom-engineered pipelines. In his session at @BigDataExpo at @ThingsExpo, Tomer Levi, a senior software engineer at Intel’s Advanced Analytics gr...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things’). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing? IoT is not about the devices, it’s about the data consumed and generated. The devices are tools, mechanisms, conduits. In his session at Internet of Things at Cloud Expo | DXWor...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution. In his session at @ThingsExpo, Akvelon expert and IoT industry leader Sergey Grebnov provided an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone inn...