BREAKING NEWS & VIEWS
Bonnier Expected to Nab Five HFMUS Titles
Wednesday, May 20, 2009
Bonnier Corp. is expected to acquire Popular Photography, Flying, Boating, American Photo and Sound & Vision magazines from Hachette Filipacchi in coming weeks. A spokesperson from Bonnier confirmed to minonline that a deal involving those HFMUS titles is in the works, but “we don’t anticipate a final resolution for a couple of weeks.”
The Hachette enthusiast books have been for sale for months as HFMUS looks to peel off titles from a portfolio focused mainly on women, fashion and auto. HFMUS went through a round of salary cuts earlier this year to save costs.
Bonnier has been collecting niche and enthusiast titles for years, including Field & Stream, Popular Science, and Parenting, which it acquired from Time4Media in 2007.
HFMUS did not respond to a request for comment.
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