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 DigitalContentProducer.com 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.
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