After a hiccup, the Maxim sale appears to be set to close Friday, and publishing vet Bob Guccione Jr. says he's set to take the reins as CEO.
Alpha Media Group
Alpha Media Group’s sale of Maxim appears to be headed for the rocks, knowledgeable sources told Adweek.
Maxim, the lifestyle title that once defined men's magazines in the U.S., has found a buyer in Darden Media Group. Darden agreed to buy the whole Maxim portfolio, which includes the 2 million-circulation print product and its 15 international editions, as well as events and digital extensions. The deal is expected to close by the fourth quarter of this year.