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After Steve Brill failed to secure a cash infusion for Brill Media Ventures or to find investors (including Quadrangle Group’s Steve Rattner) to finance a buyout of Primedia’s Media Central group, publisher of the Web site Inside.com and Brill’s Content magazine, Brill and Primedia called the whole partnership off Monday.
Ending a short-lived and complicated relationship, Primedia is buying Inside.com, and Brill’s Content is closing– moves displacing 38 employees.
Primedia will continue Media Central, publisher of Folio and Cable World magazines, plus databases and newsletters.
“There
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