B&C Sold, National Geographic Adventure For Sale?

Reed Business Information has sold Broadcasting & Cable and Multichannel News to NewBay Media, the LA Times reports.

The new owner is a subsidiary of private equity firm The Wicks Group and produces 40 publications and newsletters.

Reed Business Information has had these magazines up for sale for more than a year, along with Professional Builder, Publishers Weekly and Tradeshow Week. RBI says it plans to retain ownership of Daily Variety and Variety.


Meanwhile, the National Geographic Society is reportedly shopping around its Adventure magazine, Folio: reports.

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