Now that Reed have declared that they want to shift their business publications portfolio to make way for the Choicepoint acquisition..
Who actually wants to buy the publications.
In reports today we've found up who isn't interested.
First up Informa. BookTrade Info.com has reported that Peter Rigby, chairman of Informa, has no "appetite" for Reed Business Information, which makes 56 per cent of its revenues from advertising.
"It's not a business we're in and it would be an unusual change of strategy," he said.
So that's one down..
And then we see in a blog by comic foundry that Conde Naste are out of the running.. they write:
Publishing conglomerate Conde Nast has announced they’re not interested in buying Reed Business Information, the publishing unit of Reed Elsevier that prints Variety, Publishers Weekly and Publishers Weekly Comics Week (among others). According to Women’s Wear Daily, Conde Nast was a probable home for RBI and that the list of viable suitors is shrinking. Also, if Reed can’t find a home the entire division, there is speculation of selling the magazines individually
We also note that Thomsons seem to be happy to report that nobody's interested so we're taking a not very wild guess that they won't be suitors.
Kluwer won't be spending their money on a bunch of trade mags when they are also pursuing online content nirvana
