Middle East Media Services (MEMS), a subsidiary of the Choueiri Group, has signed a five-year contract to sell advertising across all of Dubai Media Incorporated's (DMI) recently expanded portfolio of brands.
The deal, signed last month, is the first signal so far of how DMI plans to commercialise its new print, radio and television holdings, which were transferred to the company from its cousin, Arab Media Group (AMG), by decrees from Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, last autumn.
"For us, it's basically a consolidation and a strategic partnership with DMI," said Ghassan Harfouche, the managing director of MEMS. "It also reconfirms the value that our company can bring to media owners, and has brought to DMI."
MEMS has sold advertising on DMI's holdings since 2000, and signed its most recent five-year contract in 2004. Until recently, this meant that it sold mostly television advertising for DMI's bouquet, which includes Dubai TV, Dubai One, Sama Dubai, Dubai Sports Channel and Dubai Racing Channel. It also sold advertising for Al Bayan, the Arabic-language newspaper originally owned by DMI but given to AMG when the TECOM Investments-owned media company was founded in 2005.
Al Bayan was given back to DMI in September, and was soon followed by AMG's other print properties, including Emirates Business 24/7 and Emarat Al Youm, Noor Dubai TV and radio stations, as well as the company's printing subsidiary, Masar.
By the end of the transfers, AMG, which started last year with about 2,000 employees, had about 300. Its chief executive, Abdullatif al Sayegh, resigned last week.
Only the Arabian Radio Network, Arabian Television Network (including MTV Arabia and Nickelodeon Arabia), Shoof Outdoor advertising, Done Events, Fulcrum Relationship Marketing and Tawseel distribution are left at AMG. Viacom, the owner of the MTV and Nickelodeon brands, took over operational control of its channels at AMG last autumn. DMI could not be reached for comment.
With the bulk of Dubai's media assets brought under one umbrella and, now, being sold by one company, DMI has the opportunity to sell advertising packages to its clients that cross media borders, Mr Harfouche said.
"I think this consolidation will allow us to develop a better solution, with time, for our clients by trying to work on a combination of platforms," he said.
khagey@thenational.ae
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Common OCD symptoms and how they manifest
Checking: the obsession or thoughts focus on some harm coming from things not being as they should, which usually centre around the theme of safety. For example, the obsession is “the building will burn down”, therefore the compulsion is checking that the oven is switched off.
Contamination: the obsession is focused on the presence of germs, dirt or harmful bacteria and how this will impact the person and/or their loved ones. For example, the obsession is “the floor is dirty; me and my family will get sick and die”, the compulsion is repetitive cleaning.
Orderliness: the obsession is a fear of sitting with uncomfortable feelings, or to prevent harm coming to oneself or others. Objectively there appears to be no logical link between the obsession and compulsion. For example,” I won’t feel right if the jars aren’t lined up” or “harm will come to my family if I don’t line up all the jars”, so the compulsion is therefore lining up the jars.
Intrusive thoughts: the intrusive thought is usually highly distressing and repetitive. Common examples may include thoughts of perpetrating violence towards others, harming others, or questions over one’s character or deeds, usually in conflict with the person’s true values. An example would be: “I think I might hurt my family”, which in turn leads to the compulsion of avoiding social gatherings.
Hoarding: the intrusive thought is the overvaluing of objects or possessions, while the compulsion is stashing or hoarding these items and refusing to let them go. For example, “this newspaper may come in useful one day”, therefore, the compulsion is hoarding newspapers instead of discarding them the next day.
Source: Dr Robert Chandler, clinical psychologist at Lighthouse Arabia
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UAE currency: the story behind the money in your pockets