NEW YORK: The 80-plus titles put up for sale by media conglomerate Reed Elsevier could see significant changes, including mergers and closures, when the Reed Business Information (RBI) magazine division is sold, industry experts have said.
Reed Elsevier CEO Crispin Davis announced earlier this month that the corporation is divesting New York-based RBI to reduce exposure to cyclical advertising markets. The magazine division recorded a 2007 adjusted operating profit of $233 million. Of that, 30% was earned online, while 60% ...