Login  |  Register          
STORY TOOLS

Reed Elsevier to sell Video Business parent

-- Video Business, 2/22/2008

Sponsored Links


  • Talkback
  • Blogs
  • Photos


We would love your feedback!


Post a comment

» VIEW ALL TALKBACK THREADS
DISC DISH

February, 26 2008
No HD DVD on There Will Be Blood?
So, a few days ago I told you Amazon had There Will Be Blood listed for pre-order as a single-disc, ...
More

DISC DISH

February, 26 2008
Raisin in the Sun DVD
Sony plans to bow A Raisin in the Sun on DVD on May 6 (prebook April 3), but there's nothing ab...
More

DISC DISH

February, 25 2008
The Diving Bell and the Butterfly
Disney is releasing The Diving Bell and the Butterfly on April 29 (prebook March 18) price...
More

DISC DISH

February, 25 2008
Atonement DVD and HD DVD
Universal has set Atonement for release on March 18 (order now) on DVD and HD DVD/DVD Combo. No Blu-...
More

» VIEW ALL BLOGS
Cops turns 20
Fox celebrated the Cops: 20th Anniversary DVD with creator John Langley at the Auto Club 500 at the California Speedway on Feb. 24. At the event, Langley was named an honorary race official.
Blood + at WonderCon
Sony hosted a Blood + panel with the voice actors and crew at WonderCon, which took place in San Francisco Feb. 22-24.
Last Emperor event
Image held a reception and screening for The Last Emperor at Hollywood’s Egyptian Theatre on Feb. 19. Emperor will be released by Criterion as a 20th anniversary special edition DVD on Feb. 26.

» VIEW ALL GALLERIES
» VIEW FEATURED GALLERY



Advertisement
FEB. 22 | LONDON—Reed Elsevier has announced that it plans to sell Reed Business Information, the magazine publishing division that includes Video Business, Variety and Daily Variety, Broadcasting and Cable, Multichannel News, Publishers Weekly and New Scientist.

Reed Elsevier chief exec Crispin Davis said the move was aimed at “reducing exposure to advertising markets and cyclicality,” enabling the Anglo-Dutch group to focus on its core business of “subscription-based information and workflow solutions.”

“RBI is a well-managed, high-quality business as evidenced by the success of its online growth and the control of costs,” Davis said.

No talks are yet under way with potential buyers, and no timetable has been laid out for the disposal. “The precise method of divestment of RBI will be the subject of review in coming months,” said a company statement.

In 2007, RBI had revenue of $1.76 billion.

Tad Smith is CEO of RBI-US.



There are no comments posted for this article.


Advertisements






NEWSLETTERS
VB Weekly Summary (Weekly)
VB Just Announced (Weekly)
VB+Content Agenda Green Report (Monthly)
VB+Library Journal DVD Resource (Monthly)

©2008 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy
Please visit these other Reed Business sites