EDspaces Sold to Leading Expositions Company EDmarket will remain the sponsor and program planner by Tina Manzer
On December 18, EDmarket members voted unanimously in favor of a plan to sell its annual EDspaces event to Emerald Holding, a tradeshow company that produces more a than 140 event and market platforms. They range from the Campus Safety Conference to the International Fastener Expo. The sale, which was finalized on December 21, was necessary to keep the association solvent, wrote outgoing EDmarket Board Chair Angela Nelson in a letter to members. Here is how she explained the need for the transaction. For the past 10 years, EDmarket has undertaken a significant rebranding and turnaround primarily driven by the success of the EDspaces event. With this event being our primary source of revenue, the cancellation of our in-person meeting in Charlotte and pivot to a digital conference due to the COVID-19 pandemic has left us without the financial resources to continue operating under the current model. The proposed new agreement [with Emerald] states that EDmarket will remain the primary sponsor of EDspaces and still be involved in the development of the education conference during the event. EDmarket will receive a significant payment
14 January 2021 — EducationalDealerMagazine.com
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