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Philadelphia Media Networks CEO Greg Osberg Steps Down


Wednesday, May 16, 2012
Steve Cohn

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Greg Osberg, who took the helm of the Inquirer- and Daily News flagshipped Philadelphia Media Network (PMN) two years ago as the company was emerging from Chapter 11 bankruptcy protection, announced his resignation late Friday afternoon (May 11). Successor is chief operating officer Robert J. Hall.

The change came about six weeks after PMN was acquired for $55 million by a group led by ex-New Jersey Nets owner Lewis Katz and Southern New Jersey businessman/politician George Norcross III.

Osberg is well-known in magazine circles in serving as Newsweek president/worldwide publisher from 2000 through the end of 2007. The relatively prosperous tenure was before the 2008-2009 economic crisis hit Newsweek hard and forced The Washington Post Co. to sell the magazine to the late Sidney Harman in August 2010.  Since March 2011, Newsweek has been publishing with The Daily Beast.

Osberg is digital-savvy (he was CNet president/sales and marketing from 1997-1999), and he will be advising Hall on digital matters in the short term.

Unaffected is Bruce Brandfon, a former Newsweek ad director under Osberg (before his 2001-2012 stint as Scientific American publisher) who recently joined PMN as VP/national sales.


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