the May 2008 Issue in PDF Format - Trade Show Executive
the May 2008 Issue in PDF Format - Trade Show Executive
the May 2008 Issue in PDF Format - Trade Show Executive
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Power Lunch<br />
Cont<strong>in</strong>ued from page 39<br />
Doctors <strong>in</strong> <strong>the</strong> House. Physicians jam a typical Pri-Med conference, which were launched by John Mooney and his team at M/C Communications to provide<br />
cont<strong>in</strong>u<strong>in</strong>g education credits for doctors <strong>in</strong> <strong>the</strong>ir local areas.<br />
medical associations?<br />
John: We never impacted an exist<strong>in</strong>g<br />
association event. We just supplemented<br />
<strong>the</strong>ir activities by fulfill<strong>in</strong>g doctor’s<br />
educational needs on a regional basis.<br />
Bob: Why did you sell <strong>the</strong> company?<br />
John: We started with a ‘ten year plan’ <strong>in</strong><br />
1994 and sold it <strong>in</strong> 2004. By <strong>the</strong>n, Pri-Med<br />
events were runn<strong>in</strong>g <strong>in</strong> <strong>the</strong> U.S., Mexico,<br />
Spa<strong>in</strong> and <strong>the</strong> U.K. We held an auction<br />
and Ba<strong>in</strong> Capital purchased <strong>the</strong> company.<br />
It’s headquartered <strong>in</strong> Boston and I’m still<br />
chairman of <strong>the</strong> board.<br />
Bob: Tell me about your newest venture:<br />
3 Deep Media.<br />
John: 3 Deep Media was just launched<br />
a few weeks ago. My partners are<br />
Dix Wheelock [former executive vice<br />
president of M|C Communications] and<br />
Christ<strong>in</strong>e O’Connell [former manag<strong>in</strong>g<br />
director of bus<strong>in</strong>ess development for<br />
M|C Communications]. Our focus is<br />
twofold: (1) To buy exist<strong>in</strong>g conferences<br />
and exhibitions and grow <strong>the</strong>m with <strong>the</strong><br />
<strong>in</strong>tent to eventually sell <strong>the</strong>m, and (2) To<br />
launch new events. Sound familiar?<br />
Bob: Yes, it does.<br />
John: We’re currently evaluat<strong>in</strong>g a few<br />
acquisitions and some<br />
partnerships with<br />
conference producers<br />
who don’t have trade<br />
shows. It’s too early<br />
to talk about specifics,<br />
but we are excited to be<br />
back <strong>in</strong> <strong>the</strong> trade show<br />
bus<strong>in</strong>ess.<br />
Bob: What about<br />
launch<strong>in</strong>g <strong>in</strong> <strong>the</strong> current<br />
economy?<br />
John: I feel that <strong>in</strong><br />
tough economic times,<br />
as long as your event<br />
ma<strong>in</strong>ta<strong>in</strong>s or grows<br />
market share, you will<br />
be much stronger at <strong>the</strong> end of <strong>the</strong><br />
downturn.<br />
Bob: I sense that you really like this<br />
bus<strong>in</strong>ess.<br />
John: There’s noth<strong>in</strong>g that equals<br />
On to <strong>the</strong> Exhibits! Crowds of doctors peruse <strong>the</strong> booths at <strong>the</strong> Pri-Med<br />
conference. Exhibit areas are kept small, but <strong>the</strong> audience quality is high.<br />
40 <strong>May</strong> <strong>2008</strong> <strong>Trade</strong> <strong>Show</strong> <strong>Executive</strong> www.<strong>Trade</strong><strong>Show</strong><strong>Executive</strong>.com