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Reed trying to sell Publishers Weekly, other magazines [Updated]

by  in Comic News Comment
Reed trying to sell <i>Publishers Weekly</i>, other magazines [Updated]

Business publisher Reed Business Information is putting several of its trade magazines, including Publishers Weekly, Library Journal and School Library Journal, up for sale.

Publishers Weekly, which covers the book industry, is parent to The Beat and PW Comics Week. The School Library Journal website plays host to the Good Comics for Kids blog.

Owner Reed Elsevier attempted to sell its entire magazine-publishing division, which includes Variety, in February 2008, but withdrew its plans when it couldn’t get its asking price.

The global publisher also owns Reed Exhibitions, which produces New York Comic Con, the New York Anime Expo, BookExpo America and the upcoming Chicago Comic & Entertainment Expo.

Update: Folio reports that Reed is putting additional magazines on the block, including Broadcasting & Cable and Tradeshow Week. It will keep Reed Construction Data, RSMeans, Variety, MarketCast, LA411 and BuyerZone.

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