Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Guy Buys $123 Safe on eBay, Finds $26,000 Inside Seller tries to get half the cash back, fails »

Editor & Publisher Will Shut Down

Hollywood Reporter, Billboard, go to private equity consortium

By Harry Kimball,  Newser Staff

Posted Dec 10, 2009 12:16 PM CST
Email

(Newser) – Editor & Publisher and Kirkus Reviews will shut down after the Nielsen Company today sold off most of its other magazine properties—including Billboard and the Hollywood Reporter—to a new media consortium. Nielsen spun the move as a chance “to strengthen investment in our core businesses,” reports Business Insider. But the loss of the prominent trade publications shook the publishing industry.

The 108-year-old E&P is "the industry bible of newspapering," True/Slant observes, and the eBookNewser blog describes the shuttering of Kirkus as "a big blow." Other publications sold to e5 Global Media Holdings include Brandweek, Mediaweek, Backstage, and Adweek, which broke the story. Nielsen said it will “continue to assess the strategic fit of our remaining portfolio of publications.”

A customer reads magazines inside the Barnes and Noble store in Tallahassee, Fla.
A customer reads magazines inside the Barnes and Noble store in Tallahassee, Fla.   (AP Photo)
« Prev« Prev | Next »Next » Slideshow

These venerable brands have long been an important part of our Business Media family, and we are pleased that e5 will continue to capitalize on the brands’ potential.
- Internal Nielsen memo

« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
0%
0%
0%
75%
0%
25%
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Showing 3 of 5 comments
chas_m
Dec 10, 2009 9:10 AM CST
E&P is a quality and thoughtful publication that was invaluable to me during my years in journalism. I will miss it greatly.
davjc09
Dec 10, 2009 8:46 AM CST
Fair assesment, Unaffiliated. I give you a thumbs up. But what's your pick over or under? I want to pick under because he seems to be very reactionary to anything even close to newspaper-related, Palin-related, Murdoch-related.
Unaffiliated
Dec 10, 2009 7:05 AM CST
If his reply is under 20 hours, it won't be well thought out and won't flow well. If it's over 20 hours, it'll read too deeply in to the implications of this event that was probably a long time coming.
Media • Money

 
mergers and acquisitions • magazine industry • The Nielsen Co • publishing industry • newspaper industry • The Hollywood Reporter • Nielsen Business Media • Nielsen publishing • Editor & Publisher • trade publication • Billboard magazine • Brandweek • Mediaweek • Adweek • Backstage magazine

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne