Get Media Industry Alerts
Visit min's sister site:

Facebook  Twitter  LinkedIn   Google+   
Latest Issue »
Subscribe Now »
Get 4
Free Issues »

Lagardère: ‘No Timetable’ for Magazine Sales

Monday, December 27, 2010

Responding to persistent rumors that French media company Lagardère was about to sell some its international titles (reportedly to Hearst), the publisher sent Reuters word before Christmas that the deals were not imminent. Lagardère’s U.S. holdings include Elle and Car and Driver.

“Rumors of an imminent sale of the international magazine portfolio appear to be coming from anonymous sources which do not seem familiar with the reality of the dossier,” the statement said. Lagardère added that while talks with other media companies continue, “no timetable nor exclusivity deals are on the agenda.”

Lagardère had already announced it was looking for a buyer of its international titles, and numerous reports cited Hearst as the most likely suitor. Lagardère Active has been under investor pressure to divest its non-core French holdings. Reuters had reported last week that the company was deciding between Hearst and Bauer Media.

If you have breaking news to share please contact min's editors.

Friend Us on Facebook at


Post a Comment


Please enter the letters or numbers you see in the image.

More Breaking News & Views

Breaking News & Views Archives

Editorial and Design Awards Breakfast
View the Winners and Honorable Mentions
Complete Event Recap

The minsider Breakfast
December 1 | Yale Club, NYC
Register Today

Most Intriguing, Rising Stars & Hottest Launches Awards Celebration

December 3 | Grand Hyatt, NYC
Register Today

Best of the Web Awards
Entry Deadline: Dec. 4
Enter Today

See all events and awards
Search Jobs
Media Jobs
Production Editorial Associate
Annual Reviews
Palo Alto, CA

Michael J. Hennessy & Associates
Plainsboro, NJ

Director, Media Relations

Lockheed Martin
Bethesda, MD

Media Planner
Tampa, FL

White Papers
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

View Whitepapers
min Contests

min contests

Want to sponsor a min contest?

Inside min This Week

Free Eletters — Sign up Now