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<title>Reed Elsevier - FishbowlNY</title>
<link>http://www.mediabistro.com/fishbowlny</link>
<description>Turning the Page For New York Media</description>
<copyright>Copyright 2013</copyright>
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<title>Confirmed: RBI Will Retain Variety</title>
<description><![CDATA[<p><img alt="variety218.jpg" src="/fishbowlny/files/original/variety218.jpg" width="200" height="63" vspace="3" hspace="7" class="alignleft"> <strong><a href="http://www.mediabistro.com/Reed-Business-Information-profile.html">Reed Business Information</a></strong> will retain ownership of <I><strong><a href="http://www.mediabistro.com/Variety-profile.html">Variety</a></strong></I>, despite recent reports to the contrary. <a href="http://www.foliomag.com/2010/reed-elsevier-reaffirms-variety-will-be-retained">According to</a> <I>Folio:</I>, RBI parent company Reed Elsevier confirmed the news in its 2009 earnings report. The struggling Hollywood trade was <a href="http://www.thewrap.com/ind-column/sources-variety-for-sale-12811">rumored</a> to have been quietly put on the block in January.</p>
<p>Earlier this week, the company <a href="http://www.foliomag.com/2010/canon-buys-four-rbi-magazine-brands">sold</a> four of its trade publications to Los Angeles-based Canon Communications.</p>
<p>In December 2009, RBI <a href="http://www.mediabistro.com/fishbowlny/acquisitions/rbi_sells_broadcasting_cable_multichannel_news_and_twice_144523.asp">unloaded</a> <i><strong><a href="http://www.mediabistro.com/BroadcastingCable-profile.html">Broadcasting &amp; Cable</a></strong></i>, <i><strong><a href="http://www.mediabistro.com/Multichannel-News-profile.html">Multichannel News</a></strong></i> and <i><strong><a href="http://www.mediabistro.com/TWICE-profile.html">TWICE</a></strong></i>.</p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Blake Gernstetter</dc:creator>
<comments>http://www.mediabistro.com/fishbowlny/confirmed-rbi-will-retain-variety_b13789#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowlny/confirmed-rbi-will-retain-variety_b13789</link>
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		<category><![CDATA[Magazines]]></category>
		<category><![CDATA[Reed Business Information]]></category>
		<category><![CDATA[Reed Elsevier]]></category>
		<category><![CDATA[Variety]]></category>
<pubDate>Thu, 18 Feb 2010 14:20:00 +0000</pubDate>
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<title>FishbowlNY&#8217;s 2009 Lists: New York Media&#8217;s Biggest Business Decisions</title>
<description><![CDATA[<p><img alt="4 times square.jpg" src="/fishbowlny/files/original/4 times square.jpg" width="167" height="250" class="alignleft" hspace="7" vspace="3" />New York is home to some of the biggest media companies in the country, like <strong><a href="http://www.mediabistro.com/Condeacute-Nast-profile.html">Cond&eacute; Nast</a></strong>, <strong><a href="http://www.mediabistro.com/The-New-York-Times-Co-profile.html">The New York Times Co.</a></strong>, <strong><a href="http://www.mediabistro.com/News-Corp-profile.html">News Corp.</a></strong>, <strong><a href="http://www.mediabistro.com/Hearst-profile.html">Hearst</a></strong> and <strong><a href="http://www.mediabistro.com/Time-Warner-profile.html">Time Warner</a></strong>, just to name a few.</p>
<p>This year, those companies were imperiled, struggling to survive like many other companies around the world. But as print media disputed declarations that its days were numbered, these once-great companies that made their money from print pubs were fighting hard to keep their heads above water. In order to do that they made some decisions &#8212; like bringing in new investors, closing publications and selling them off. It was in no way a big year for media deals, but there were a few. Below, our list of the biggest business stories to come out of the New York media world this year.</p>
<p><b>Bloomberg LP Buys <i>BusinessWeek</i></b></p>
<p>After seeking a buyer for <i><strong><a href="http://www.mediabistro.com/BusinessWeek-profile.html">BusinessWeek</a></strong></i> for most of the fall, publisher <strong><a href="http://www.mediabistro.com/McGraw-Hill-profile.html">McGraw-Hill </a></strong>finally cut a deal with <strong><a href="http://www.mediabistro.com/Bloomberg-LP-profile.html">Bloomberg LP</a></strong>, <a href="http://www.mediabistro.com/fishbowlny/magazines/and_businessweek_goes_to_bloomberg_lp_140075.asp">which snapped up the magazine in October</a>. The result? <i><strong><a href="http://www.mediabistro.com/Bloomberg-BusinessWeek-profile.html">Bloomberg BusinessWeek</a></strong></i>, <a href="http://www.mediabistro.com/fishbowlny/magazines/the_new_bloomberg_businessweek_144889.asp">a new vision of the mag</a> that has a <a href="http://www.mediabistro.com/fishbowlny/the_revolving_door/time_editor_tyrangiel_to_lead_bloombergs_businessweek_143386.asp">new editor</a> and a <a href="http://www.mediabistro.com/fishbowlny/the_revolving_door/more_on_this_weeks_businessweek_layoffs_143864.asp">smaller staff</a>.</p>
<p>After the jump, Carlos Slim invests in the <i>Times</i>, classical music and the Comcast-NBCU deal.</p>
<p> <a href="http://www.mediabistro.com/fishbowlny/fishbowlnys-2009-lists-new-york-medias-biggest-business-decisions_b13334#more-13334" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Amanda Ernst</dc:creator>
<comments>http://www.mediabistro.com/fishbowlny/fishbowlnys-2009-lists-new-york-medias-biggest-business-decisions_b13334#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowlny/fishbowlnys-2009-lists-new-york-medias-biggest-business-decisions_b13334</link>
<guid isPermaLink="false">http://www.mediabistro.com/fishbowlny/liz-smith-remembers-the-good-old-days-of-gossip-columns_b13353</guid>
		<category><![CDATA[Media Companies]]></category>
		<category><![CDATA[AOL]]></category>
		<category><![CDATA[Bloomberg BusinessWeek]]></category>
		<category><![CDATA[Bloomberg LP]]></category>
		<category><![CDATA[BusinessWeek:]]></category>
		<category><![CDATA[Carlos Slim Helu]]></category>
		<category><![CDATA[Comcast]]></category>
		<category><![CDATA[Condé Nast]]></category>
		<category><![CDATA[Domino]]></category>
		<category><![CDATA[General Electric]]></category>
		<category><![CDATA[Gourmet]]></category>
		<category><![CDATA[Hearst:]]></category>
		<category><![CDATA[McGraw-Hill]]></category>
		<category><![CDATA[NBC Universal]]></category>
		<category><![CDATA[News Corp.]]></category>
		<category><![CDATA[Nielsen]]></category>
		<category><![CDATA[Portfolio]]></category>
		<category><![CDATA[Reader's Digest Association]]></category>
		<category><![CDATA[Reed Elsevier]]></category>
		<category><![CDATA[The Boston Globe]]></category>
		<category><![CDATA[The New York Times Co.]]></category>
		<category><![CDATA[The Worcester Telegram & Gazette]]></category>
		<category><![CDATA[Time Warner]]></category>
		<category><![CDATA[Univision Radio Inc.]]></category>
		<category><![CDATA[WNYC]]></category>
		<category><![CDATA[WQXR]]></category>
<pubDate>Tue, 22 Dec 2009 16:47:00 +0000</pubDate>
</item>
<item>
<title>Reed Elsevier And Ian Smith Part Ways</title>
<description><![CDATA[<p><img alt="ian_smith_149.jpg" src="/fishbowlny/files/original/ian_smith_149.jpg" width="149" height="149" class="alignleft" hspace="7" vspace="3" />In a plot development straight out of the &#8220;Mad Men&#8221; season finale, <strong><a href="http://www.mediabistro.com/Reed-Elsevier-profile.html">Reed Elsevier</a></strong>, the British parent company of <strong><a href="http://www.mediabistro.com/Reed-Business-Information-profile.html">Reed Business Information</a></strong>, has lost its CEO after putting most of its U.S. assets for sale earlier this year.</p>
<p><strong><a href="http://www.mediabistro.com/Ian-Smith-profile.html">Ian Smith</a></strong> has spent the last year trying to sell off RBI titles such as <strong><a href="http://www.mediabistro.com/Mutichannel-News-profile.html"><i>Mutichannel News</i></a></strong>, <strong><a href="http://www.mediabistro.com/Tradeshow-Week-profile.html"><i>Tradeshow Week</i></a></strong>, <strong><a href="http://www.mediabistro.com/Professional-Builder-profile.html"><i>Professional Builder</i></a></strong>, <strong><a href="http://www.mediabistro.com/BroadcastingCable-profile.html"><i>Broadcasting &amp; Cable</i></a></strong> and <strong><a href="http://www.mediabistro.com/Publishers-Weekly-profile.html"><i>Publishers Weekly</i></a></strong>, and though Elsevier released a statement saying the split was amicable, it also mentioned that the company was &#8220;not immune from late cycle pressures given the subscription nature of much of the revenue.&#8221; Sounds like Smith couldn&#8217;t save the company enough money to justify keeping him on.</p>
<p>In the interim, Reed Elsevier&#8217;s CEO position will be filled by <strong><a href="http://www.mediabistro.com/Erik-Engstrom-profile.html">Erik Engstrom</a></strong>, previously CEO of the Elsevier portion of the publishing house.</p>
<p><a href="http://www.foliomag.com/2009/chief-executive-out-reed-elsevier">Chief Executive Out at Reed Elsevier</a> &#8211;<i>Folio</i></p>
<p><b>Previously:</b> <a href="http://www.mediabistro.com/fishbowlny/media_companies/breaking_reed_elsevier_to_sell_part_of_us_business_123068.asp">Breaking: Reed Elsevier To Sell Part Of U.S. Business</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Drew Grant</dc:creator>
<comments>http://www.mediabistro.com/fishbowlny/reed-elsevier-and-ian-smith-part-ways_b12971#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowlny/reed-elsevier-and-ian-smith-part-ways_b12971</link>
<guid isPermaLink="false">http://www.mediabistro.com/fishbowlny/news-corp-digital-chief-content-will-be-gone-from-google-soon_b12990</guid>
		<category><![CDATA[Revolving Door]]></category>
		<category><![CDATA[Broadcasting & Cable]]></category>
		<category><![CDATA[Erik Engstrom]]></category>
		<category><![CDATA[Ian Smith]]></category>
		<category><![CDATA[Mutichannel News]]></category>
		<category><![CDATA[Professional Builder]]></category>
		<category><![CDATA[Publishers Weekly]]></category>
		<category><![CDATA[Reed Business Information]]></category>
		<category><![CDATA[Reed Elsevier]]></category>
		<category><![CDATA[Tradeshow Week]]></category>
<pubDate>Wed, 11 Nov 2009 15:30:00 +0000</pubDate>
</item>
<item>
<title>Breaking: Reed Elsevier To Sell Part Of U.S. Business</title>
<description><![CDATA[<p><img alt="pw.png" src="/fishbowlny/files/original/pw.png" width="199" height="132" class="alignleft" hspace="7" vspace="3/" />In a memo to staffers today, <strong><a href="http://www.mediabistro.com/Reed-Business-Information-profile.html">Reed Business Information</a></strong> Global CEO <strong><a href="http://www.mediabistro.com/Keith-Jones-profile.html">Keith Jones</a></strong> revealed a plan to divest a bulk of the company&#8217;s U.S. publications. RBI will hold on to Reed Construction Data US &amp; Canada, RS Means, <i><strong><a href="http://www.mediabistro.com/Variety-profile.html">Variety</a></strong></i>, <strong><a href="http://www.mediabistro.com/Marketcast-profile.html">Marketcast</a></strong>, LA411 and Buyerzone, Jones said. The rest of the U.S. titles will be sold, including <i><strong><a href="http://www.mediabistro.com/Publishers-Weekly-profile.html">Publishers Weekly</a></strong></i>, <em><strong><a href="http://www.mediabistro.com/Library-Journal-profile.html">Library Journal</a></strong></em>, <i><strong><a href="http://www.mediabistro.com/BroadcastingCable-profile.html">Broadcasting &amp; Cable</a></strong></i> and <em><strong><a href="http://www.mediabistro.com/Multichannel-News-profile.html">Multichannel News</a></strong></em>.</p>
<p>&#8220;We have decided to focus our efforts and investments on a narrower range of brands and markets, and with this in mind we are announcing today our intention to divest a significant part of the RBI US business,&#8221; Jones said in his memo. &#8220;This has been a difficult decision to reach as there are many strong brands here, with very experienced and professional teams running them, but we have concluded that they are less well suited to RBI&#8217;s strategy going forward.&#8221;</p>
<p>Jones also added that <strong><a href="http://www.mediabistro.com/Tad-Smith-profile.html">Tad Smith</a></strong>, CEO of RBI&#8217;s U.S. business, has resigned &#8220;to pursue a new job challenge.&#8221; He will be replaced by EVP and CFO <strong><a href="http://www.mediabistro.com/John-Poulin-profile.html">John Poulin</a></strong>, who has been appointed acting CEO.</p>
<p>Jones&#8217; memo is below. We will keep you posted as news develops. And, as always, <a>your tips are welcome</a>.</p>
<p>Update: RBI&#8217;s parent <strong><a href="http://www.mediabistro.com/Reed-Elsevier-profile.html">Reed Elsevier</a></strong> has put out a statement and a full list of those properties that have been put on the block &#8212; nearly 50 publications plus their related international editions and online products. &#8220;We have had to contend with a far harsher advertising environment than any of us have experienced before and, in such a climate, we have to focus not just on innovation and efficiency, but also on ensuring that our portfolio is well-matched with our long-term ambitions,&#8221; Jones said.</p>
<p> <a href="http://www.mediabistro.com/fishbowlny/breaking-reed-elsevier-to-sell-part-of-u-s-business_b12246#more-12246" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Amanda Ernst</dc:creator>
<comments>http://www.mediabistro.com/fishbowlny/breaking-reed-elsevier-to-sell-part-of-u-s-business_b12246#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowlny/breaking-reed-elsevier-to-sell-part-of-u-s-business_b12246</link>
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		<category><![CDATA[Media Companies]]></category>
		<category><![CDATA[B&C]]></category>
		<category><![CDATA[Broadcasting & Cable]]></category>
		<category><![CDATA[Jewelers Keystone Quarterly]]></category>
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		<category><![CDATA[Library Journal]]></category>
		<category><![CDATA[Marketcast]]></category>
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		<category><![CDATA[Publishers Weekly]]></category>
		<category><![CDATA[Reed Business Information]]></category>
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		<category><![CDATA[Tad Smith]]></category>
		<category><![CDATA[TWICE]]></category>
		<category><![CDATA[Variety]]></category>
<pubDate>Thu, 30 Jul 2009 11:20:00 +0000</pubDate>
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