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Archive for Friday, December 11, 2009

Nielsen closes Editor & Publisher

December 11, 2009

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— The Nielsen Co. is selling some of its most prominent trade journals — including The Hollywood Reporter and Billboard — and shutting down Editor & Publisher, which has chronicled the newspaper business for more than 100 years.

The changes come in a tumultuous year for the media industry, with some storied brands put on the auction block or shuttered altogether. Such titles as Gourmet magazine and the Rocky Mountain News have been closed.

Nielsen is selling eight titles to e5 Global Media LLC, a new company formed by private equity firm Pluribus Capital Management and Guggenheim Partners, a financial services company.

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