Nielsen Business Media folds Editor & Publisher (Dinosaur Media DeathWatch™)

Poynter Online ^ | December 10, 2009 | Staff

[abb]

Today, we announced that Nielsen Business Media has reached an agreement with e5 Global Media Holdings, LLC, a new company formed jointly by Pluribus Capital Management and Guggenheim Partners, for the sale of eight brands in the Media and Entertainment Group, including Adweek, Brandweek, Mediaweek, The Clio Awards, Backstage, Billboard, Film Journal International and The Hollywood Reporter. e5 Global Media Holdings has also agreed to acquire our Film Expo business, which includes the ShoWest, ShowEast, Cinema Expo International and CineAsia trade shows.

In addition, we’ve made the decision to cease operations for Editor & Publisher and Kirkus Reviews. This move will allow us to strengthen investment in our core businesses – those parts of our portfolio that have the greatest potential for growth – and ensure our long-term success. We remain committed to building our trade show group and affiliated brands. These assets continue to be a key part of The Nielsen Company’s overall portfolio and we strongly believe they are positioned to grow as the economy recovers. In addition, we’ll continue to assess the strategic fit of our remaining portfolio of publications.

As a result of these decisions, many of our friends and colleagues within these businesses will be leaving the company or will begin to transition to the new ownership immediately. 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. The transition is expected to be complete by the end of the year.

Pluribus Capital was founded in 2009 by James Finkelstein, George Green and Matthew Doull to focus on acquiring and managing industry leading media properties with high growth potential, particularly those with strong brand recognition across multiple platforms including digital, print and events. Guggenheim Partners is a privately held, diversified financial services firm. Both Pluribus and Guggenheim have strong track records of successfully managing investments in a variety of companies.

I want to take this opportunity to offer heartfelt thanks to our colleagues who will be leaving the company for their dedication and commitment to Nielsen over the years. Please join me in wishing them well in their future endeavors.

Regards,

Greg Farrar President Nielsen Business Media

[bert]

The wives support the men and are equally guilty and bad.

Families are not necessarily innocent

[abb]

Aside from their attack on Sarah Palin, didn't they also attack Ann Coulter?

They attacked all things and people conservative and were Bush Bashers of the first order. I have been a daily reader of the site for over four years while doing our threads. They were the same as if Daily Kos had been a trade publication.

[abb]

http://www.cjr.org/behind_the_news/q_a_editor_publishers_greg_mit.php?page=all
Q & A: Editor & Publisher’s Greg Mitchell
E&P’s editor-in-chief on the magazine’s sudden demise

http://www.businessjournalism.org/thepulse/2009/12/ajr-goes-to-4-not-6-issues-in-2010.html
AJR goes to 4, not 6 issues, in 2010

http://www.laobserved.com/intell/2009/12/im_here_because_of_ep.php
I’m Here Because of E&P

[abb]

http://cancelthebee.blogspot.com/
Shocker of the day: Editor & Publisher shutting down

[winstonwolf33]

Here's one of his books with a preface from....

Bruce Springsteen?!! lol What a joke! The day I wake up caring what Bruce Springsteen thinks of an issue you can kill me.

[abb]

BTW, I didn’t post this in breaking news - either the mods or Jim Rob did. Can anyone help me here, did E&P and Jim Rob have a run-in with each other back in the early days or something? Did they perhaps weigh in on the early lawsuits against FRee Republic on fair use?

Anyone?

[ichabod1]

We have GOT to beat the lame stream media. We have GOT to DESTROY it. As long as it lives and breathes we can never return America to sanity and greatness. It is the enemy - even more than the government because it is the government’s weapon to maintain its power.

[abb]

It is the enemy - even more than the government because it is the government’s weapon to maintain its power.

You are quite correct.

[abb]

http://steveouting.com/2009/12/10/farewell-editor-publisher-we-all-knew-this-day-would-come/
Farewell, Editor & Publisher (We all knew this day would come)

http://newsosaur.blogspot.com/
E&P magazine shutting down after 125 years

[Lucius Cornelius Sulla]

Good news about E & P! You used to read Kirkus Reviews as a byline in any listing of book reviews going back for many decades. I never knew that it was an actual publication.

[Landru]

"Editor & Publisher died today, after a length illness. Reportedly, the self described 'America’s Oldest Journal Covering the Newspaper Industry' succumbed to ink poisoning."

About Time, my friend. LOL

"A 2001 survey of 350 newpapers in six states indicated that copy editors and their supervisors were more likely to read E&P than any other magazine in the journalistic trade press, with 80.6% of copy editors and 90.6% of supervisors reporting that they read it either regularly or occasionally."

What're they going to do, now?
They could listen to Rush, I guess. LOL

"It’s last editor was Greg Mitchell."

I'll be watching for that name to pop up, again.
The quisling don't run "America’s Oldest Journal Covering the Newspaper Industry" into the ground, for nothing.
Promises were made, gifts exchanged, y'know? LOL

Your *first* obituary, abb.
You did good, real good; and, just as well.
I suspect you'll be mighty busy in the coming months writing these things and we all know how practice does make perfect. ;^)

[ConservativeMind]

The outpouring of surprise and strong support for E&P that has followed across the Web — Editor & Publisher has even hit #4 as a Twitter trending topic — raises the notion that the publication might yet continue in some form.

You know, this is a TERRIBLE indicator that E&P has a future.

These libs are great at fervently believing in nothing.

[Interesting Times]

I’m going to miss their brain-dead op-eds on the old media malaise — the ones that never, never managed to raise the topic of leftist bias. Sic gloria transit...

[abb]

http://blogs.nybooks.com/post/277897798/the-news-crisis-what-google-can-do
The News Crisis: What Google Can Do

http://www.editorandpublisher.com/eandp/columns/newspaperbeat_display.jsp?vnu_content_id=1004051977
From Hellish Transaction to Chapter 11 Purgatory: Tribune Bankruptcy After One Year

[ConservativeMind]

Conservatives are often bashed as mean, and there is no need to give liberals ammunition.

Conservatives are only bashed as being “mean” by liberals.

If you want to see “mean” defined, head over to DU and read their comments for just two minutes.

I refuse to play by their rulebook any longer. When you let them define everything, you will always lose.

I love to see cruel jerks suffer at their own hands. That goes for any and all liberal media players.

I suppose you are against shooting in self-defense, too, huh? I mean, after all, you never shoot someone in “love.”

[Chode]

tooo funny...

[abb]

http://talkingnewmedia.blogspot.com/2009/12/nielsen-shutters-editor-publisher.html
Nielsen shutters Editor & Publisher

[GeronL]

E&P is dead!! Kirkus Reviews is dead... cool!!

Great news for Christmas

[boxlunch]

We aren’t conservatives buying up media sites whether web, TV, or print based, and turning them back to true journalism? I’ve never understood how the left could own every single major media outlet. Surely there are plenty of wealthy conservatives who could buy some of these outlets and turn them back from the Dark Side... Even a coalition of conservative business people could get together to buy up some of them, fire all the lefty journalists there and hire some new, young, uncorrupted talent...

[Enchante]

when a rabid leftist twit like Greg Mitchell is out of work, that’s a benefit to civilization

but I’d bet large sums that he will quickly “land on his feet” with a cushy salary in academia, where he will propagandize so-called “journalism” students for the rest of his days...... I’m sure that Columbia J-School can find a place for him