Hollywood Reporter Being Sold
Sharon Waxman of The Wrap says that trade publication The Hollywood Reporter is being sold to James Finkelstein’s News Communications Inc., according to an unnamed source familiar with the negotiations. Waxman reports:
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.
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