Tuesday, June 19, 2007

Dennis Publishing

Timing is everything in magazine publishing. In business.

The Guardian tells us that Dennis have sold some of their big US magazines for £121 million (think that is only a rumoured price). A year ago EMAP simply closed the US edition of its FHM which competes with Dennis's Maxim, included in the sale. But Dennis will hold on to The Week, which has been extremely successful in the US. Growing rapidly in the last three years.

EMAP are reportedly being circled by Private Equity. Perhaps the winning PE house should simply put Felix Dennis in charge.

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