Reed Business closes three publications
By Sean Callahan
Chicago—Reed Business Information US, which is in the process of selling most of its controlled-circulation brands, said it is closing three publications: Manufacturing Business Technology, Industrial Distribution and Video Business.
Additionally, RBI is scaling back its direct mail business.
“Effective April 8, 2010, DM2 will no longer manage, market or rent third-party (non-RBI) lists. DM2 will continue to support internal list management through the resolution of the divestiture process,” RBI US President Jeff DeBalko wrote in a memo to the staff.
In December, RBI US sold Broadcasting & Cable, Multichannel News and TWICE to NewBay Media. In a memo dated Dec. 31, RBI US CEO John Poulin said the company was close to selling a number of publications to separate buyers.