Folio: Wire | 5.03.07
UBM Acquires Physicians Practice
United Business Media’s CMPMedica division has acquired Physicians Practice, LLC, a Baltimore, Maryland healthcare media company, from Med-IQ, LLC. The deal includes the company’s principal product Physicians Practice, a media journal with a circulation of 275,000, and its accompanying Web site, as well as a number of newsletters and e-newsletters, audio-conferences and custom publishing.
CMP will integrate the company into CMPMedica’s marketing services operations where current publisher of Physician’s Practice, Ken Karpay, will retain his position. Media Bankers DeSilva+Philips handled the transaction. Terms were not disclosed.
BusinessWeek Launches New Financial Resource Online
BusinessWeek and information and workflow solutions provider Capital IQ have partnered to launch the Company Insight Center, a free business and financial information resource center online. The site combines the magazine’s editorial content with Capital IQ’s global research and is nearly three-times the size of BusinessWeek’s Web site.
Hanley Wood Acquires Two Construction Titles
Washington, D.C.-based Hanley Wood has acquired the assets of Spiderweb Publishing Inc., a Durham, North Carolina privately-owned publisher of construction magazines Eco-Structure and Metalmag, and their accompanying Web sites.
The two titles will be added to Hanley Wood’s existing Commercial Design Group, which already includes Architect, Architectural Lighting and Product Spec Guide. Eco-Structure is an 8-times per year publication serving architects, interior designers, building owners and manufacturers/suppliers working in environmental building. It has a BPA-audited circulation of 27,508. MetalMag, is also published eight-times per year and serves metal roofing and metal building contractors, roofing contractors, general contractor, architects, engineers, manufactures and building owners/developer, erectors and suppliers. Its circulation is 30,600.
Spiderweb’s staff, along with owner and publisher John Riester, will join Hanley Wood’s existing staff and continue to produce content for the magazines and online properties and will report to group publisher Patrick J. Carroll.
Thomson Medical Education Acquired by ABRY Partners
Private-equity firm ABRY Partners has acquired Thomson Medical Information and renamed it KnowledgePoint 360 Group, the company said last week.
KnowledgePoint360 Group serves the global pharmaceutical industry through such respected business units as the Gardiner-Caldwell Group, Professional Postgraduate Services, Physicians World, Scientific Connexions, Physicians World Speakers Bureau, Acumed, Geomed, Interphase, eMed-Media, and Medex-Media. The company is headquartered in Secaucus, New Jersey.
ABRY, which also owns Cygnus Business Media and recently sold its stake in Penton Media, named Jon Bigelow as president and CEO of KnowledgePoint360 Group. Bigelow was formerly president of Cliggott Publishing Co. and general manager of CMPMedica
"We are delighted to be entering the health information sector through our investment in KnowledgePoint360," said C.J. Brucato III, principal of ABRY Partners. "This is a highly diversified, global business with a leading market position, strong management team, and excellent opportunities for further growth."
Glamour’s Leive Re-Elected ASME President
Cynthia Leive, editor-in-chief of Glamour, has been re-elected president of the American Society of Magazine Editors. Leive has served on the board of the editorial arm of the MPA since 2001, when she also became Glamour’s top editor.
Leive was previously a two-term ASME vice president before being elected president last year, replacing outgoing president and Newsweek editor Mark Whitaker.
Roberta Myers, editor-in-chief of Elle, replaces Texas Monthly editor-in-chief Evan Smith as vice president. Adam Moss, editor-in-chief of New York Magazine and former treasurer, will fill Myers’s open secretary seat. And Runner’s World editor-in-chief David Willey has been elected treasurer.
Each officer is elected for a one-year term and can be nominated for a second one-year term.
New board members include:
- Betty Cortina, editorial director, Latina
- Lucy Danziger, editor-in-chief, Self
- Hugh Delehanty, editor-in-chief, AARP the Magazine
- Rosemary Ellis, editor-in-chief, Good Housekeeping
- Eric Schurenberg, managing editor, Money
- Richard David Story, editor-in-chief, Departures
Milo Trade Media Buys Former Pfingston Publishing From Summit
Milo Trade Media, Barrington, Illinois, acquired the Construction/Industrial Division of Summit Business Media. The deal includes Contractor Tools and Supplies, Construction Purchasing, MRO Today, Progressive Distributor magazines and their respective Web sites.
The titles had been part of Pfingsten Publishing. Summit was formed through private equity parent Wind Point’s acquisition of Highline Media and Pfingsten Publishing last year
Entrepreneur Partners with TheStreet.com
Entrepreneur magazine has launched a new column to help entrepreneurs manage their portfolios and wealth called TheStreet.com. The column will be a collaboration between Entrepreneur and financial Web site TheStreet.com and will debut in the May 30 anniversary issue of the magazine.
Adstream Launches New Virtual Proofing Product
New York-based workflow solutions provider Adstream America has launched a new virtual proofing add-on for its Quickcut digital advertising workflow solution system. Adstream Virtual Proofing, which was developed in partnership with color science provider Integrated Color Solutions, will allow publishers, designers, ad agencies, prepress shops and printers streamline workflow by eliminating hard copy proofs.
With the system, each proof is sent through the Adstream Virtual Proofing module, which uses advanced color science from ICS, to verify the accuracy of each proof. Multiple reviewers in various locations can view, collaborate and comment on the proofs and build a digital record of the proofing process from start to finish. The system can also produce hard-copy proofs in needed.
iProduction Opens New York Office
Shoreview, Minnesota-based Internet publishing solutions provider iProduction has opened a New York City office on West Street in the Financial District. "Communication with clients plays such a major role in our work, we feel that providing more on-site support will strengthen our relationships, improve processes, and result in lower cost implementations," said president Stephen Laliberte in a statement. "In a time where many of our competitors are outsourcing support, we want to increase our level of support. Having space in New York will allow us to spend much more face-to-face time with many of our clients."
iProduction’s clients include ALM, Wicks Business Information, Belvoir Media and The Economist.
FamilyFun Awarded Parents’ Choice Recommended Seal
Disney Publishing’s FamilyFun magazine has been selected by the Parents’ Choice Foundation as a 2007 Parents’ Choice Recommended magazine for its excellence in helping children grow imaginatively, physically, morally, and mentally.
Yoga Journal Wins Maggies
Active Interest Media’s Yoga Journal won its fifth consecutive Maggie Award for "Best Health and Fitness" magazine by the Western Publications Association. The magazine was also awarded "Best Overall Consumer Publication.