FOX Translator
No data currently available.
No data currently available.
You know that buying a stock makes you part owner of a company, theoretically with millions of other people. But, while ownership has its privileges (at minimum you get a neat stock certificate and an invitation to the annual meeting), being an owner doesn't necessarily pay. Sure, you make money if the stock goes up, but only if you sell, and you can, in theory, lose all the value of your investment if the stock tanks.
Enter the dividend. Here, you get money simply from holding the stock. Companies pay a yield, which is expressed in a percentage based on the stock's price. For example, if a stock trades at $10, and pays a 10% annual yield, your dividend payment would be a $1. (Usually, companies break out the payments quarterly, so, using our example, you¿d get, well, a quarter each quarter.)
Companies that pay dividends fall into a few categories. First, you've got your big, stable companies that generate enough cash that it makes sense to throw some back to shareholders. Next, there are businesses, like real estate investment trusts, that are in the business of sitting back and receiving cash, then distributing it to holders. And, then there are companies that need to dangle a high dividend yield like a carrot to ease investor fears. Cigarette-maker Altria has been doing this for years.
Simply because a company pays a dividend doesn't make it a good investment. After all, you may want to take a chance on a growth stock that can move higher in price than dividend payers are known to do. But, you can¿t beat the safety of knowing that, even if a stock doesn't move in a year, you¿re at least making something off your investment.
Home
Thursday, July 17, 2008
Glam Media Launches in Germany as Premium Vertical Content Network for Women with Burda Cross Media as Joint Venture Partner
Comtex
BERLIN, BRISBANE, Calif. and NEW YORK, July 17, 2008 /PRNewswire via COMTEX/ ----www.glammedia.com, pioneer of vertical content networks, today launched Glam Media in Germany (http://de.glam.com) as a joint venture with Glam strategic investor Burda Cross Media, a strategic business unit of Hubert Burda Media led by board member Christiane zu Salm. Glam also announced that it is acquiring key assets, technology and employees from Munich-based Codex Media to accelerate its launch in Germany. Glam Media connects advertisers with a global publisher network of more than 500 fashion, living and entertainment Web sites and is number one in reach for women online, with more 77 million unique users worldwide and 1 million unique users in Germany (comScore May 2008).
"Germany is one of the most advanced advertising markets in the world," said Samir Arora, chairman and CEO, Glam Media. "We are thrilled to launch Glam Media Germany today at Berlin Fashion Week together with our strategic partner Hubert Burda Media. Glam is committed to leveraging premium content from our network publishers to help German brand advertisers reach the focused women audience."
Burda Cross Media's joint venture with Glam Media underscores both companies focus on the digital media landscape and opportunities. "Burda's stake in Glam Media Germany reinforces our commitment to digital media and the dynamic of Glam's vertical network model," said Dr. Marcel Reichart, Managing Director of Burda Research & Development. "The partnership also allows Burda to expand its leading position in the fast-growing online market for women and lifestyle."
Burda has a leading position in Germany for the People & Style market with an online market reach in the German market of 66 million page impressions and a market share of 35 percent (source: IVW, May 2008).
Glam Media's integration of Codex Media GmbH and its community of premium publisher and digital marketing expertise furthers strengthens Glam's position for German marketers. Codex founder Katja Dalhofer will serve as director of sales for Glam Media GmbH. Ralf Hirt, Vice President of International for Glam Media and formerly a senior executive at DoubleClick will serve as Managing Director of Glam Media GmbH.
Dalhofer comments on the market opportunity for Glam saying, "Codex has built a reputation for understanding digital marketing. By combining our capabilities with Glam Media's publisher network and vast audience reach, we will deliver an unmatched offering to the German market."
Glam unveiled http://de.glam.com today as counterpart to flagship site Glam.com. Julia Knolle, founder of the much acclaimed fashion blog LesMads.de, co-developed by Burda Research & Development, joins as editor for Glam's German editorial team at de.glam.com. The site will feature original stories, photos and videos as well as content from German publishers including LesMads.de, Burdastyle.com, Luxusbabe.de and others. Today, Glam Media's vertical content network is composed of five channels, including: Living; Fashion & Beauty; Entertainment, Health & Wellness and Family.
Glam Media global expansion follows the demand by advertisers for premium content from vertical content networks like Glam Media. Glam launched its UK operations in June 2008 and was at launch already number one in reach for women online in the UK.
About Glam Media
Glam Media is the fastest growing Top 20 Media Company in the U.S. With a total reach of 42 million unique monthly visitors in the U.S. (comScore Media Metrix) and 77 million global uniques, Glam Media provides a compelling mix of fresh, original content created in-house, on its owned & operated web sites and the carefully curated Glam Publishing Network of more than 500 popular and influential lifestyle Web sites, blogs and magazines. For premium national brand advertisers, Glam Media offers an unprecedented array of reach and targeting that are singularly attractive to both upscale and aspirational consumers. Glam Media is backed by Hubert Burda Media, GLG Partners, Accel Partners, DAG Ventures, Draper Fisher Jurvetson, Walden Venture Capital and Information Capital. Glam Media is based in New York City and Brisbane, California.
SOURCE Glam Media
http://www.glammedia.com
Copyright (C) 2008 PR Newswire. All rights reserved
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
