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Posts Tagged ‘James Finkelstein’

Richard Beckman Ankles THR Parent Company Prometheus

It makes sense that an outlet owned by Prometheus Global Media would break news of a significant though not altogether unexpected boardroom shuffle. On this lazy summer afternoon, perhaps in a deliberate bit of PR timing, first word of CEO Richard Beckman’s departure belongs to Adweek:

“I came to Prometheus with a strategic vision for the company and, having been fortunate to work with a group of talented individuals on these storied brands, I am proud of what we accomplished here over the last two and a half years. I wish them continued success in the future,” stated Beckman.

“Richard was an important part of our brands’ success in these past years, and we wish him all the best in the future,” stated James Finkelstein, chairman of Prometheus Global Media.

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Nielsen’s Sale Of THR, Billboard May Be Completed Soon|A Visual Of Declining Mag Ad Revenue|Letterman Mocks NY1|Newsday Picketed

The Wrap: Nielsen‘s sale of various publications, including The Hollywood Reporter and Billboard to James Finkelstein, whose family’s company News Communications Inc. owns the “Who’s Who” series, may be completed by Friday.

The Awl: A graph of magazine revenue over the last 10 years.

Gawker: David Letterman makes fun of NY1 reporters Roger Clark and Pat Kiernan.

Journal-isms: Newsday was picketed by people protesting the publication of a comic that mocked the idea of hate crimes.

Huffington Post: The Huffington Post‘s <a href="robhof.jpgtop game changers including top media game changer Sue Gardner of the Wikimedia Foundation.

Nielsen Pubs Sold?

mediaweek cover.jpgSharon Waxman reports on The Wrap that Nielsen is set to sell a number of its magazines, including Mediaweek, The Hollywood Reporter, Billboard, Adweek and Brandweek.

The reported buyer of this slew of trade pubs is James Finkelstein‘s News Communications Inc., which owns the Who’s Who books and Washington, D.C. pub The Hill.

As all media companies have struggled recently, it’s been a particularly difficult year for business-to-business trade publishers, with many, including Nielsen, folding publications and some even filing for bankruptcy. And as Waxman reports about Nielsen’s pubs:

“Individuals knowledgeable about the state of the trades said that all of Nielsen’s entertainment titles were suffering. ‘Billboard is doing so-so, Adweek is not doing well at all, and THR is not great,’ said this former senior Nielsen executive. ‘The B-to-B market has just collapsed.’”

But will this sale mark the end of these publications lives? Or will it give them a hope at survival?

Hollywood Reporter Set to be Sold to ‘Who’s Who’s’ Finkelstein –The Wrap

Related: Nielsen Folds Radio & Records