Headlines

November 11, 2009

Billboard and Many More to be Sold to 'Who's Who' Publishing...

Hollywood Reporter | Read Full Story >

The Wrap:

The Hollywood Reporter and several other Nielsen entertainment titles are set to be sold to James Finkelstein’s News Communications Inc., owner of “Who’s Who” publications and the Washington, D.C.-based trade, The Hill, according to an individual with knowledge of the negotiations.

The individual said that the Reporter, along with Billboard, Adweek, Brandweek and Mediaweek – which all have been struggling mightily in the past year – were to be sold.

Asked to confirm the report, Gerry Byrne, who heads the entertainment division of Nielsen Business Media, wrote in an email that ”(I) really have no comment off or on” the record.
It has been a brutal period in magazine publishing, and for business-to-business trades in general. The Hollywood Reporter in particular has suffered huge fall-offs in revenue, readership and even online followers.



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