News


An M&A Quintet: Vignettes from First-Half of 2005


November 15, 2005

Within this mix, several developments stand out: two once-mighty publishing companies shed their properties, the private-equity market went on a selling and buying spree, and a late-2004 deal continued to hover over the landscape. Furthermore, a skein of smaller transactions dominated publishing's M&A scene during the first half of 2005.

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Planet Out Inc. Buys Out, Advocate Publisher for $31M


November 10, 2005

By Dylan Stableford Planet Out Inc. , the San Francisco-based Web portal serving the gay, lesbian, bisexual and transgendered community, announced its purchase of LPI Media, publisher of Out and The Advocate and operator of gay and lesbian Web sites for $31.1 million, according to the San Francisco Business Times.

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B-to-B Dominates Top 25 Digital Magazines


November 10, 2005

By Matt Kinsman and Dylan Stableford Business-to-business titles continue to dominate the digital magazine world, taking all but one of the top 10 and all but two of the top 25 slots for largest digital circulation for the first half of 2005, according to BPA Worldwide .

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TechTarget Confirms Pursuit of IPO


November 10, 2005

By Matt KinsmanNeedham, Massachusetts-based TechTarget released a statement to FOLIO:M10ALERT concerning media speculation that the company will seek an initial public offering: "TechTarget has decided to continue on the path of growth as an independent company and to make the appropriate preparations that will enable it to pursue a public offering in 2006."

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Capital Components


November 10, 2005

Unless you're independently wealthy, startup capital for your new magazine will have to come from investors. Existing publishers are more likely to acquire companies and properties or incubate ideas from scratch than usher in and finance an entrepreneur's idea from the outside.

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ABRY Partners Sues Providence Equity Firm Over $500M F+W Deal


November 10, 2005

By Dylan Stableford Boston-based ABRY Partners LLC has filed suit against Providence Equity Partners, Inc. , alleging it had overpaid for F+W Publications;the special interest magazine and book publisher it bought for $500 million in August;based on misleading financials provided by Providence Equity and the Cincinnati-based publisher, according to the Associated Press.

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Ex-Post Newsweek Tech Media Exec Forms New Media Company


November 10, 2005

By Dylan Stableford Events, radio, custom publishing to be main drivers. Tom Trezza, former group publisher of Post Newsweek Tech Media 's Government Computer News, Washington Technology and Government Leader has created a new media company called Trezza Media Group, which will debut in 2006. Initially, the company will focus on driving business through events and custom publishing.

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Tokion Approaches 50th Issue, Sells to Private Investor, Loses Publisher


November 9, 2005

By Dylan Stableford Adam Glickman, publisher of Tokion , the self-proclaimed cultural bridge between the indie arts scenes of Japan and the U.S., announced last week that he had sold the majority of his interest in the magazine to investor Larry Rosenblum, who plans to build a niche company around the Tokion brand. Terms of the deal were not disclosed.

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RBI Taps Smith as CEO


November 9, 2005

By Dylan Stableford Reed Business Information , publisher of over 100 b-to-b titles including Variety and Publishers Weekly today announced the appointment of Tad Smith to CEO, succeeding Jim Casella, who moves to the company's vice chairman post after four years at the helm.

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