Electronic information publishing house Reed Elsevier is offering a £1billion-plus loan to potential suitors of their magazine unit that publishes Farmers Weekly and Flight International. Reed hopes that the offer of the loan will ‘kick – start’ an auction for this division of Reed Business Information.
The Times of London
Due to economics, consumer magazine publisher IPC Media (owned by Time Inc) has enacted a three month hiring freeze. IPC is the first publisher to impose such a freeze in the current economic slowdown.
Press Gazette
Newspaper and magazine advertisments have been given top ratings for advertising formats.
PPA UK
Their record operating profit is being attibuted to; circulation, online revenues and the Economist’s Intelligence Unit.
PPA UK
The News Corporation’s News International is set to close their consumer publishing division. love it! and BSkyB’s SkyMag will cease operations.
mad.co.uk
Aided by a policy of open investment, the number of niche periodicals, covering subjects from biking and art, to golf and cell phones, to beauty and business, is on the rise in India. The appearance of niche titles is largely the result of the policy that the allows 100 per cent foreign direct investment in [...]
Anthony Licata, a long time Field & Stream staffer, has been promoted to editor, to replace Sid Evans who left the magazine last month to join Garden & Gun. Bonnier Corp.’s group publisher Eric Zinczenko said, “He’s a very talented editor and a total outdoorsman.” Folio (Nov. 27, 2007)