IBT Media Launches Newsweek Events
NEW YORK, February 9, 2017
IBT Media, the global digital media company, owner of Newsweek, International Business Times, and one of the world’s most trusted sources for news, intelligence and entertainment, today announced the launch of Newsweek Events, a global events business aimed at exploring some of the most pressing and exciting issues facing businesses and consumers across the globe. Newsweek Events will build on the strength of the Company’s global media and branded content platform across all of the IBT Media properties. Newsweek Events will launch this March in London with a fin-tech conference focused on artificial intelligence. The Company also announced the acquisition of Structure, the successful technology sector-focused events business that was originally owned by Giga-Om, the digital media company.
Newsweek Events will include day conferences and weeklong events, tailored to consumers and businesses, across multiple content verticals with a particular focus on the finance, science, technology and sustainability sectors. The Structure events platform, known for its popular conferences like Structure, Structure Security, Structure Data and Structure Connect, caters to C-suite business decision-makers. Structure provides Newsweek Events with deep technology content and expertise that will serve as a strong foundation for the events business in the U.S. Newsweek Events expects to hold its first U.S. event in autumn 2017 and will then expand into additional markets.
“Newsweek Events is a natural evolution of Newsweek’s global brand platform, and will enable us to bring to life branded content from Newsweek as well as our other world-class media properties such as International Business Times,” said Dev Pragad, Chief Executive Officer of IBT Media. “Structure provides Newsweek Events with a plug and play events business in the U.S. that we can scale thanks to our strong brand platform and proven ability to drive sponsorships. Further, Structure is an editorially driven business that aligns well with the strong editorial focus of Newsweek. We look forward to building a talented team to support the business.”
Pragad continued, “Over the past six months, we’ve made great strides in putting our business on a stable financial footing, strengthening our business from both a revenue and content standpoint. We’re now focused on reinvesting for growth in a number of areas, and the launch of Newsweek Events is an important step in this direction.”
Justin Tadman, who joined IBT Media in London in June 2016, will assume the role of Managing Director, Worldwide Events, overseeing the events business globally. He was previously with Reed Exhibitions. Clare Ryan, Chief Executive Officer of Structure, will join the Company as Vice President, U.S. Events, reporting to Tadman. Tadman will report to Alan Press, who recently joined the Company in the newly created role of President, responsible for helping to steer the company’s expansion of its global platform.