Reed Elsevier to Sell Multichannel News, B&C
Reed Elsevier, the Dutch-English publishing company that owns a larger number of media and entertainment titles, plans to sell a number of its publications, including Multichannel News, Broadcasting & Cable and Publishers Weekly, but will retain flagship pub Variety as well as entertainment directory LA411.
The company also said Thursday that CEO Tad Smith would leave his post. Executive vp and CFO John Poulin has been named acting CEO, reporting to RBI Global CEO Keith Jones.
Smith
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