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Posts Tagged ‘Duncan McIntosh’

Reader’s Digest Gets Reorganization Plan Approved|MediaNews Plans For Bankruptcy|McIntosh On Buying E&P

Bloomberg: A bankruptcy court has approved Reader’s Digest Association‘s reorganization plan, which will allow the company to cut its debt by 75 percent.

Wall Street Journal: Newspaper publisher MediaNews Group said Friday that its parent company will seek bankruptcy protection.

Folio: Why would the publisher of boating publications want to purchase newspaper trade Editor & Publisher? Duncan McIntosh tells Folio the impetus behind his decision.

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Breaking: Editor & Publisher Finds A Buyer But Sheds Staff

It looks like 2010 has given a new life to Editor & Publisher, which was shuttered two weeks ago. We noticed that new content was being published on E&P‘s website earlier today, and former editor Greg Mitchell has just confirmed that the publication has been bought, though he is no longer on staff. Some employees will be kept, we are told, though not all. Check back for updates as they develop.

Update: E&P announced on its Website that it has been sold to Duncan McIntosh Co. Inc., an Irvine, Calif.-based magazine and newspaper publisher that owns publications such as Boating World. Charles McKeown will be staying on as publisher of E&P and Mark Fitzgerald will be taking over the editor post from Mitchell. Senior editor Joe Strupp is also out.

On his blog, Mitchell writes, “One week ago in a meeting [the] new owner told me flatly, ‘Extremely impressed with your great work and definitely will retain you.’”

The February issue will be published as planned.

Previously: New Life For E&P?