Penton CEO Leaves To Start $100M E-Media Firm — Not Boring
Yeah, yeah. B-to-B is considered so boring to many of you consumer magazine snobs out there. Still, we all have friends and colleagues at business-to-business pubs with names like Veterinarian Times and Eyeglass News. David Nussbaum, who used to be the CEO of Penton Media — among other things, Penton publishes 113 magazines on subjects ranging from aviation to music education — is leaving.
For those of you who are looking for ways to fund your mini-media empires, Nussbaum might be your man:
ABRY Partners LLC and Sundance Business Enterprises, a wholly owned subsidiary formed by David Nussbaum, former CEO of Penton Media, and ABRY, announced today that they plan to identify and invest in business-to-business media, services, and vertically focused online companies.
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