Nielsen has sold magazine properties in its slate of entertainment and advertising trade publications to e5 Global Media Holdings, reports Business Insider. Magazines sold by Nielsen include The Hollywood Reporter, Billboard, Adweek, Brandweek, Mediaweek, The Clio Awards, Backstage, and Film Journal International. The company also sold Film Expo trade shows ShoWest, ShowEast, Cinema Expo International and CineAsia.
Business Insider says the buyer, Global Media, is a limited liability company held by Pluribus Capital Management and Guggenheim Partners. Nielsen says the sale is intended to keep it focused on parts of its portfolio with the most growth potential.
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