PDN, PhotoExpo Survive Nielsen Restructure

Posted on 12/22/2009 by Julia Dudnik Stern | Printable Version | Comments (0)

Nielsen Business Media, the owner of a number of creative and advertising industry magazine titles, is selling and shuttering many by the end of this year. Adweek is going to a new owner; Editor & Publisher is no more—but Photo District News, its flagship trade show and stock-image business remain.

Adweek, Brandweek, Mediaweek, Billboard, The Hollywood Reporter, Back Stage, Film Journal International and the Clio Awards will now be owned by e5 Global Media Holdings—a group of investors led by James Finkelstein of News Communications Inc., which publishes The Hill and Who’s Who directories.

Alongside a smaller and younger book-review title Kirkus Reviews, Editor & Publisher is ceasing publication after over a century. The announcement of the demise of the venerable publication spread through the Internet, causing an outcry of shock and support so widespread that the name “Editor & Publisher” reached a top-4 level of popularity on Twitter, beating out celebrity gossip such as that currently revolving around Tiger Woods’ follies.

Though Nielsen also sold off a line of film-industry trade shows—including ShoWest, ShowEast, CinemaExpo International and CineAsia—the company has retained ownership of photo-industry news publication Photo District News, the annual New York-based trade show PhotoPlus Expo and the Independent Photography Network (also known as IPNstock).

Copyright © 2009 Julia Dudnik Stern. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-461-7627, e-mail: wvz@fpcubgbf.pbz


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