Private Frazer’s Doomed Magazines

November 13, 2008

Publishing’s longest-running soap opera

Filed under: B2B magazines — privatefraser @ 2:10 pm

In years to come the sale of RBI  will produce a slew of learned articles on how not to manage corporate divestment. So far we’ve got a process that has become hideously extended, plummeting values and near-panic among Reed Elsevier’s big nobs. Until then, the rest of us can only watch and laugh. The latest instalment is in the FT:

Reed Elsevier admitted on Thursday that the sale of its Reed Business Information subsidiary was uncertain because of difficulties in the credit market. RBI … was also suffering more challenging advertising markets.

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