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    Publishers Weekly Up For Sale

    Reed Elsevier is looking to unload its publishing division, Reed Business Information. RBI includes business publications Variety, Broadcasting and Cable, New Scientist and Publishers Weekly (including PWCW). Reed Elsevier is also the same company behind the big trade shows, including the upcoming New York Comicon and last December’s New York Anime Festival.

    It’s a dire, dire time for print magazines in general, though the situation is a bit different with consumer mags and trade mags. Regardless of content, the production cost of paper, printing and mailing is going up. According to Variety, they’re going to appraise the unit in the next few months. Don’t expect a purchase soon, but the For Sale sign is definitely up.

    [Edited: I previously stated Reed owned The Hollywood Reporter. That statement is 100 percent erroneous. My bad.]

    Posted by Tim Leong on February 21st, 2008 filed in Blog |

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