NewBay Media Buys Reed Business Information Mags B&C, Multichannel


Trade mag publisher NewBay Media has acquired Reed Business Information’s U.S. b2b mags Multichannel News, Broadcasting & Cable and This Week In Consumer Electronics (TWICE). The terms of the sale were not disclosed. The titles will remain independent, at least for now, and become siblings to New Bay’s existing stable of mags, which include Television Broadcast and TV Technology. NewBay was formed by PE firm The Wicks Group in September 2006 from the $50 million purchase of CMP

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