Reed Business Information

Reed Elsevier to Sell Most U.S. Publications; Will Keep Variety

Authored by Mark Hefflinger on July 31, 2009 - 4:30am.

Los Angeles - Reed Elsevier announced on Thursday that it has put a significant portion of the trade publications that make up its U.S. unit up for sale, and that Tad Smith, CEO of the unit, has tendered his resignation, Variety reported.

Variety Parent Co. Trims 7% of Staff, Including Executive Editor

Authored by Mark Hefflinger on April 14, 2009 - 12:32pm.

Los Angeles - Publisher Reed Business Information is laying off 7% of staffers across its stable of 80 trade publications, including Variety executive editor Michael Speier, TheWrap.com reported. The company also said that remaining staffers may be required to take mandatory unpaid days off, to the tune of 5-10 days this year. The layoffs come shortly after Peter Bart stepped down as Variety's editor to become president and editorial director.

Layoffs Hit Entertainment Trade Publication Variety

Authored by Mark Hefflinger on January 27, 2009 - 12:14pm.

Los Angeles - Citing the economic downturn, trade publication publisher Reed Business has laid off some 30 employees from its Daily Variety, 411, Video Business and Trade Show Week.

Reed Elsevier to Sell Off Variety, Broadcasting & Cable

Authored by Mark Hefflinger on February 21, 2008 - 8:01am.

London - Publisher Reed Elsevier (NYSE: RUK) has announced plans to sell off its Reed Business Information (RBI) unit, whose holdings include Variety, New Scientist, Publishers Weekly and Broadcasting & Cable. "RBI is a well-managed high quality business as evidenced by the success of its online growth and the control of costs. Its advertising revenue model and the inherent cyclicality fit less well however with the subscription-based information and workflow solutions focus of Reed Elsevier's strategy," said Reed Elsevier CEO Sir Crispin Davis.

Showbiz News Publication Variety Makes Web Content Free

Authored by Mark Hefflinger on February 7, 2007 - 11:10am.

Los Angeles - Entertainment industry news publication Variety announced on Wednesday that it has made all of the content on Variety.com available for free and without registration.