MBT.jpgThe closures have begun at Reed Business Information‘s U.S. trade magazine properties.

On the last day of the year, RBI US CEO John Poulin sent a memo to staffers, updating them on developments in RBI’s efforts to sell off a bulk of its U.S. holdings.

Although some titles, like Broadcasting & Cable, Multichannel News and TWICE, have been sold, Poulin said that some remaining pubs would likely face the axe:

“We are in advanced discussions to sell a number of titles to separate purchasers and, if these are satisfactorily concluded, expect to make announcements on these sales in the next few months. We have not been able to sell the business as a whole and this unfortunately will result in title closures and job losses across the business during the first half of the New Year.”

Today, we got word of some news of closings. According to an internal memo that went out today from Jeff DeBalko, president of business media, RBI has closed Manufacturing Business Technology (or MBT), Industrial Distribution and Video Business, effective today. What’s more, DM2, which manages targeted B2B postal and e-mail lists, will no longer manage non-RBI lists, starting in April.

Requests for comment from RBI have not yet been returned An RBI spokesperson confirmed the closure news, but declined to comment on whether anyone would be let go, so we’re not sure how many people will be affected by this change. Know anything? Leave a tip in the box on the right or send us an email.

Full memo after the jump

Earlier: RBI Sells Broadcasting & Cable, Multichannel News And TWICE

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