New York
– Publisher Reed Business Information on Monday sold its Library Journal and
School Library Journal titles to Ohio-based MediaSource, PaidContent reported.
Financial terms of the deal were not disclosed.
Reed Business announced last
July that it would put a significant portion of its U.S.
trade publications up for sale, while keeping Hollywood
trade magazine Variety in its stable.
The company has since sold off
Broadcasting & Cable, Multichannel News, and TWICE publications, and
shuttered its Video Business title.
The company’s Publishers Weekly title was
also put up on the block in July, but to date no buyer has been announced.
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