Thompson Media Group
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Thompson Media Group, LLC, originally established as Thompson Publishing Group, Inc. was founded in 1972 by Richard E. Thompson. Thompson Media Group is an American privately held media company that specializes in providing compliance, regulatory, and market information through its four operating units: Thompson Information Services, The Performance Institute & American Strategic Management Institute, AHC & BioWorld, and Sheshunoff Information Services, A.S. Pratt, & Alex Information (collectively, SIS). Thompson Media Group, LLC, is based in Washington, DC. Thompson Media Group LLC established their name during reorganization in 2011. In 2013, Thompson sold its properties: * AHC was sold to private investors and Lone Peak Capital Group * The Performance Institute was sold to Robbins-Gioa Inc. * Thompson Information Services was sold to Columbia Books & Information Services. * BioWorld and Medical Device Daily were sold to
Thomson Reuters Thomson Reuters Corporation ( ) is a Canadian multinational corporation, multinational content-driven technology Conglomerate (company), conglomerate. The company was founded in Toronto, Ontario, Canada, and maintains its headquarters at 1 ...
* Sheshunoff and A.S. Pratt were sold to
LexisNexis LexisNexis is an American data analytics company headquartered in New York, New York. Its products are various databases that are accessed through online portals, including portals for computer-assisted legal research (CALR), newspaper searc ...


Background

Thompson Publishing Group was a privately held law and education books publishing company that was founded in 1972 by Richard E. Thompson under the name of Thompson Publishing Group and based in Washington, DC. The Group published subscription-based regulatory & compliance information. Thompson was reorganized under the name Thompson Media Group LLC (TMG) in 2011 and dissolved in 2013 through sale of its various properties to various private investors and other publishing companies.


The Performance Institute and American Strategic Management Institute

In 2007, Thompson Publishing Group, now Thompson Media Group acquired The Performance Institute and The American Strategic Management Institute from founder Carl DeMaio. The Performance Institute is a private, non-partisan think-tank in the United States that specializes in improving government results through the principles of performance, transparency and accountability.


AHC Media

In August 2006, Thompson Publishing Group acquired a leading provider of healthcare information products AHC Media. AHC Media operates as a
publisher Publishing is the activities of making information, literature, music, software, and other content, physical or digital, available to the public for sale or free of charge. Traditionally, the term publishing refers to the creation and distribu ...
of
health care Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physic ...
newsletters in the fields of
clinical medicine Medicine is the science and Praxis (process), practice of caring for patients, managing the Medical diagnosis, diagnosis, prognosis, Preventive medicine, prevention, therapy, treatment, Palliative care, palliation of their injury or disease, ...
,
health care management Health administration, healthcare administration, healthcare management, health services management or hospital management is the field relating to leadership, management, and administration of public health systems, health care systems, ho ...
,
biotechnology Biotechnology is a multidisciplinary field that involves the integration of natural sciences and Engineering Science, engineering sciences in order to achieve the application of organisms and parts thereof for products and services. Specialists ...
, and
medical device A medical device is any device intended to be used for medical purposes. Significant potential for hazards are inherent when using a device for medical purposes and thus medical devices must be proved safe and effective with reasonable assura ...
s. The company was founded in 1974 and is based in
Atlanta, Georgia Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georg ...
. AHC also provides accredited continuing education for physicians, nurses, & pharmacists. The combined company has a diverse portfolio of publications and services representing more than 350 print and electronic products as well as hundreds of conferences serving approximately 135,000 customers.


Sheshunoff , Pratt

In 2005, Thompson Publishing Group acquired Sheshunoff Information Services (SIS; Austin, TX) from company founders Gabrielle Sheshunoff, other management and investment firm
Austin Ventures Austin Ventures (AV) is a private equity firm focused on venture capital and growth equity investments in business services and supply chain, financial services, new media, Internet, and information services companies nationally with a focus on ...
(Austin, TX). In 2013,
LexisNexis LexisNexis is an American data analytics company headquartered in New York, New York. Its products are various databases that are accessed through online portals, including portals for computer-assisted legal research (CALR), newspaper searc ...
, together with
Reed Elsevier RELX plc (pronounced "Rel-ex") is a British multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal information and analytics; ...
Properties SA, acquired publishing brands and businesses of Sheshunoff and A.S. Pratt from Thompson Media Group. Sheshunoff Information Services, A.S. Pratt, & Alex Information (collectively, SIS), founded in 1972, is a print and electronic publishing company that provides information to financial and legal professionals in the banking industry, as well as online training and solutions for financial institutions. SIS was founded in 1971 by Alex and Gabrielle Sheshunoff. The company became recognized for providing guidance and analysis to the banking industry. In 1988 Thomson Media, a division Thomson Reuters, acquired the company. Separately, the Sheshunoffs began publishing Alex Information products. In 1995 SIS acquired A.S. Pratt & Sons. Established in 1933, "Pratt's Letter" is believed to be the second oldest continuously published newsletter in the country behind "Kiplinger's Washington Letter," which began publication in 1923. A.S. Pratt is a provider of regulatory law and compliance work solutions for the financial services industry. Gabrielle Sheshunoff returned in 2004 to unite the AlexInformation, Sheshunoff, an
A.S. Pratt
brands before it was sold to Thompson in 2008.


Summary of Publishing Activities prior to Dissolution

Thompson provided regulatory compliance information for professionals in business and government through books, loose-leaf, newsletters, audio conferences, Web subscription products, and email advisory alerts. The company also operated HR Compliance Online.com, an online solution for HR and benefits administrators that provide information on fair labor standards act, domestic partner benefits, family and medical leave act, workplace retaliation, consumer-directed health care, Americans with disabilities act, 401(k) plans, fringe benefits, employee handbooks, and flex benefits. Thompson published books that focused on regulatory compliance advice for professionals in health care, human resources and other industries. Their predominant areas of publishing were: * Human Resources * Grants * Education, including Title I * Food and Drug Administration * Environment Compliance and Energy * Health Care * Broadband Regulation * Finance & Securities Regulation


See also

*
Good government organizations in the United States The United States has a history of citizen, nonprofit, and other non-partisan groups advocating good government that reaches back to the late-19th-century municipal-level Progressive Movement (see Progressivism in the United States Municipal Admini ...


References

* * * *{{cite news , first=Jon , last=Desenberg , title=Audio clip "The Importance of Career Feds" , url=http://www.federalnewsradio.com/?sid=1352487&nid=250 , work=Federal News Radio , accessdate=July 30, 2008 Publishing companies of the United States Think tanks based in the United States Companies based in Arlington County, Virginia Privately held companies of the United States Government watchdog groups in the United States Publishing companies established in 1972