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.
If you have breaking news to share please contact min's editors.
Up and Coming
min's Best of Web & Digital
May 11 | NYC
May 12 | NYC
Get even smarter. Need a quick primer on a media topic? Download a white paper!
Optimizing Your Printer Services - By MRI
Media Insights: minsider Viewpoints from the Front Lines - By min
|Copyright © 2015 Access Intelligence, LLC. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Access Intelligence, LLC is prohibited. For more details please see Terms and Conditions.|