Report: Penske Media acquires 'Variety'

Posted on: 10/09/12

Los Angeles—Penske Media, owner of Deadline.com, has acquired Hollywood trade publication Variety for about $25 million, according to a report in the Los Angeles Times. Penske and its financial backer, hedge fund company Third Point, purchased Variety from Anglo-Dutch publisher Reed Elsevier, ...

Elsevier pushes subscription-based services

Posted on: 10/05/12

Medical and scientific publisher Elsevier was a particularly active player on the media M&A front in August and September. The Amsterdam-based media company, a subsidiary of Reed Elsevier, announced two divestitures and a pair of acquisitions:

Report: Penske Media leading bidder for 'Variety'

Posted on: 09/25/12

Los Angeles—Penske Media Corp., owner of Deadline and six other online properties, has emerged as the leading bidder for Variety, according to a report in the Los Angeles Times.

Quadrant HealthCom acquires IMNG from Elsevier

Posted on: 09/10/12

Parsippany, N.J.—Healthcare media company Quadrant HealthCom has acquired the International Medical News Group from Elsevier. Financial terms of the deal were not disclosed.