Nielsen Sells Off Travel Group

Nielsen Business Media has sold its Business Media Travel Group to Northstar Media, minonline reports.

The titles include Successful Meetings, Business Travel News, Meeting News, and Incentive.

Northstar already owns four business travel titles, and said in a statement that the company is “investing in our core markets at a time of cyclical weakness because of our confidence in the long-term growth and size of the global travel and meetings industries.”

Investment…confidence..growth…those all sound good. Let’s hope that this news isn’t accompanied by the all-too-common post-sale layoffs.