acebauer (acebauer) wrote,
acebauer
acebauer

R.I.P. Kirkus Reviews?

According to Adweek, Kirkus Reviews will be going out of business. Its owner, Nielsen Co. is selling a bunch of brands to a hedge fund, e5 Global Media LLC, but dropping Kirkus and Editor and Publisher.

Here is the saddest quote from the article:

Asked whether [the chairman of the hedge fund] considered buying those brands, Finkelstein said, "We never looked at them."

"These were the brands we were interested in buying," he said of the eight that are part of the deal. "These were the brands that made sense."

What were the brands purchased? Media related to advertising and film.* What is Nielsen keeping? Its trade show group and affiliated brands while it "continue[s] to assess the strategic fit of other publications."

This is a unhappy day for publishing.


*According to Adweek these were AdweekMedia (which includes Adweek, Mediaweek and Brandweek), The Hollywood Reporter, Billboard, Backstage, The Clio Awards and Film Journal International, plus the Film Expo business (which includes ShoWest, ShowEast, Cinema Expo International and CineAsia trade shows).
Tags: links, news, publishing
Subscribe

  • Moving

    I will not longer be using this space for my blog. For news and other bloggy things, come visit me at http://acebauer.com/blog/

  • I will be at Boskone 52

    I'm excited to announce that I will appearing be at this year’s Boskone, Friday, Feb. 13 through Sunday, Feb. 15, at the Westin Waterfront…

  • It's okay to write terrible stories

    Though this is about picture books, this holds true for all writing: It's Okay to Write Terrible Stories. (If you write, or wish to: go,…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 2 comments