Penton Media Sells Off Trade Magazines To NewBay Media

Penton Media streamlined their catalog of audio-themed titles by selling four of their trade magazines to NewBay Media yesterday.  The New York-based B2B media company said goodbye to Mix, Electronic Musician, Radio, and Sound & Video Contractor.  NewBay also purchased the website from Penton.

NewBay has made a habit of buying up trade publications in recent years.  In December 2009, the company acquired Broadcasting & Cable and Multichannel News from Reed Business Information.