[Sca-librarians] PW and LJ are up for sale

[Johnna Holloway]

Reed Business Information is putting /Publishers Weekly/ and its 
affiliated publications, /Library Journal /and /School Library Journal/, 
up for sale. The sale of the group is part of RBI’s strategy to divest 
most of its trade magazines in the U.S. Last year, Reed Elsevier, parent 
company of RBI, tried to sell all of RBI but dropped the sale when it 
couldn’t get the price it wanted in a depressed market for media 
properties. In a related announcement, Tad Smith, CEO of RBI US, has 
resigned. John Poulin has been named acting CEO and he will head the 
sales process.

Johnna