Mark your calendar for Mediaweek, October 29-30 in New York City. We’ll unpack the biggest shifts shaping the future of media—from tv to retail media to tech—and how marketers can prep to stay ahead. Register with early-bird rates before sale ends!
NEW YORK To reduce its exposure to the volatile advertising market, Reed Elsevier plans to sell its business-to-business magazine division, which includes media and entertainment industry titles such as Variety, Broadcasting and Cable, Multichannel News and Publishers Weekly.
The news came Thursday as Reed — which in many areas competes with Adweek corporate parent the Nielsen Co. — unveiled its 2007 earnings and a cost reduction program.
In a further asset shuffle, Anglo-Dutch Reed also said Thursday that it would acquire ChoicePoint, a provider of information services for the insurance industry, for $4.1
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in