VNU Reschedules Annual Shareholder Meeting To Focus on Sale
With at least two of its major shareholders opposed to its proposed $8.9 billion sale to a consortium of private equity firms dubbed Valcon Acquisition, VNU N.V. has retooled its Annual General Meeting of Sharerholders to focus solely on discussing the deal. The shareholder meeting will now take place June 13. "The company believes that a constructive discussion of the other AGM items is not feasible until the results of the Offer become clear," VNU said in a statement. See also Prospects Fading for VNU Deal.
First Quarter of 2006 Launched 101 New Titles
More than 100 new magazine launches were documented for the first quarter of 2006, a 35 percent increase over the number of titles launched during the same period last year, according to Magazine Publishers of America. Fifty of the 101 magazines were lifestyle oriented, 27 targeted women, 21 were aimed at affluent readers, 16 were dedicated to sports and 12 focused on an African-American audience.
Down East Magazine Goes Under Construction
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Down East, a regional publication out of Maine, has redesigned the look of their magazine in pursuit to attract a younger audience while still holding on to long-time readers. Changes include new fonts and a new layout for front of the book staples and features. Editor in chief Paul Doiron hired a full time design director, Miroslaw Jurek to tackle the project. The new look will hit newsstands April 18.
Webby Announces Best Magazine Site Award Nominees
The International Academy of Digital Arts & Sciences announced nominees for the Tenth Annual Webby Awards scheduled for June 12 at Cipriani Wall Street in New York City. Make’s makezine.com, The New Yorker’s NewYorker.com, Dragonfire’s dfire.org, Grist Magazine’s grist.org and National Geographic’s ngm.com are nominated for Best Magazine Site award.
Women’s Health and Bicycling to Publish Staffer Blogs
Rodale will be launching three new weblog sites this month, including a diary of Women’s Health associate editor Byrd Schas, tracking her journey to lose 49 pounds by her wedding scheduled for October. The other sites, under the Bicycling brand, will launch later this month. "Sitting In", written by executive editor Bill Strickland and "Women on Wheels", written by various Bicycling editors are extensions of the pre-existing bi-weekly columns found on bicycling.com.
CurtCo Acquires Art & Antiques
CurtCo Publishing has acquired Art & Antiques from Trans World Publishing, adding to the company’s existing luxury titles, such as Robb Report and Worth. The transaction was financially supported by Weston Presidio and TD Capital Communications Partners and also includes international art show, ARTscottsdale, and a custom publishing division, which partners with shows such as Antiques & Fine Art at the Armory, The Spring International Art & Antiques Show, ATLart and the Charleston International Antiques Show.