There are some important presentations at the very end of this page including the latest conference call transcript:
http://www.adi-mps.com/Investors/InvestorsOverview.aspx
There are few points which I missed while listening to the transcript:
1.The management thinks there is significant scope to grow within publishing itself because:
a. There is considerable cost pressure on publishers. Those who were doing work in-house are being forced to outsource now.
b.There are only 5-6 players globally who do business of 150-200 crore and hundreds of players doing 5-10 crores. Hence, scope for consolidation.
c.More and more legacy content is being digitsed.
d. A lot of new content is being generated out of non traditional places like China in journals. Journals is a strength for MPS and this content is being routed through its clients.
2). MPS team in rich media is upgrading itself and building abilities in audio and video.
3). MPS is evaluating acquisitions possibilities within publishing services to widen its offering base