Business

CEO says Hollywood Reporter, Adweek, Billboard, and Backstage not for sale

interns Contributor
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The Hollywood Reporter and its sister magazines Adweek, Billboard and Backstage are up for sale again, according to sources who leaked an item to Claire Atkinson in Friday’s New York Post.

Not so, insists Richard Beckman, who left his executive post at Conde Nast last year to become CEO of Prometheus Global Media, which publishes the four trade titles. The financing for the titles comes via Guggenheim Partners and Pluribus Capital. The publications were acquired in December 2009 by Prometheus, then e5 Global Media, from Nielsen Business Media.

Full story: CEO says Hollywood Reporter, Adweek and sister mags not for sale