FOLIO: Wire | 11.16.06
1105 to Buy Contingency Planning and Management Group
Chatsworth, California-based 1105 Media to acquire Contingency Planning and Management Group from Arlington, Virginia-based investment group MCG Capital Corp.
Contingency Planning, based in Lambertville, New Jersey, produces e-newsletters, conferences and other products. 1105 Media was formed last year to acquire 101 Communications and Stevens Publishing.
Conde Nast Sells Home Furnishings News
Macfadden Communications Group has acquired Home Furnishings News (HFN) from Conde Nast’s Fairchild Publication’s division. HFN is an 80-year-old weekly publication covering the furniture, housewares, tabletop, floor covering, textiles, and major appliances categories. The sale is effective immediately. The terms of the deal were not disclosed.
Earlier this month, Prism Business Media purchased Conde Nast’s Supermarket News for an undisclosed price. Prism says Supermarket News and its complementary Web site will form the basis for a new retailing group.
Wiesner Publishing Co-Owners End Partnership
Dan Wiesner, owner and CEO of Wiesner Publishing LLC, has bought long-time partner, Laura Fallbach out of her ownership interest in Wiesner, according to a statement released Tuesday.
The transaction, the terms of which were not disclosed, ends Wiesner’s and Fallbach’s eight-year partnership in the Centennial, Colorado-based publishing company, which prints five magazines, including Senior Market Advisor, produces two trade shows, has a custom publishing division and numerous E-media products.
While Wiesner will continue on as the company’s CEO, Fallbach has resigned as Wiesner’s executive vice president. She has started a new company, Lee & Lee Media LLC, which will focus on magazine and e-media-related investments and acquisitions. The company will provide consultative services for media and publishing companies, including strategic revenue development and new magazine build-ups, according to the statement.
Dwell Appoints New Editor in Chief
Dwell magazine has a new editor-in-chief. The independent shelter magazine said that Sam Grawe, a 29-year-old who joined the publication in 2000 as an editorial assistant, takes over the position beginning today. Grawe, who most recently served as executive editor, replaces Allison Arieff, who left in August amid a staff reorganization that promoted two senior editors to executive editor positions and expanded the role of the publication’s managing editor.
The six-year-old title, which last year posted a profit for the first time, plans to increase its frequency from nine to 10 issues next year and will increase its rate base from 275,000 to 300,000 from 275,000 with its February issue.
The publication said in a statement that its revenue is up 70 percent this year across all brand platforms, while its advertising pages in the first 10 months of the year increased 23.9 percent to 1,005.56 from 811.72 pages for the same period in 2005.
CMP’s CRN Makes Hefty Changes
Long Island-based CMP Technology’s Channel Group has made significant changes to its CRN brand, for both its print and online products. In light of its 25 years in the market, CRN will transform from a newsweekly into a three-times per month magazine. One of those issues each month will be dedicated to the new CRN Perspective series, which will approach issues facing the IT Channel. In the fourth week of each month, a new magazine will be published, entitled CRN Tech. Effective January 1, 2007, the magazine will be completely redesigned, while breaking news will become a regular features on the magazine’s Web site, CRN.com.
Law Firm Inc. to Increase Frequency
ALM’s Law Firm Inc. magazine will increase its frequency to 10 times per year starting in 2007. The magazine, which targets law firm executives, launched in 2003 as a quarterly. The launch issue will feature the magazine’s first COO/Executive Director Survey.
Advocace Media to Handle Sales for CBA
Dallas-based Advocace Media, a provider of underwriting and advertising services to non-profit Christian radio stations and magazines, has been hired by the Christian Booksellers Association to handle the company’s advertising and convention sponsor ship sales. Advocace will handle all sales aspects for the association’s magazine, Aspiring Retail, as well as e-newsletters, convention daily newspapers, Web site and its twice-yearly conventions.