Reed Elsevier has announced that it plans to sell Reed Business Information, the magazine publishing division that includes 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.” [Click for MORE]
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