MediaBuyerPlanner: CMP Technology has announced a major restructuring that will affect the whole company, including many of its business titles.
Networking Computing and Optimize will be folded into Information Week, writes MinOnline.
CRN, will be published twice rather than three times a month, while VARBusiness, which has been a bi-weekly publication, will go monthly, writes Newsday. EE Times, an electrical engineering publication, will remain a weekly, but its editorial and technical staff will be merged.
SysAdmin, a software magazine, will be closed, with its resources put behind Dr. Dobb’s Journal. Call Center Magazine, which has a circulation of about 60,000, will go entirely digital.
About 200 jobs will be eliminated by the end of the week.
Last year was the first time in the company’s history that print accounted for less than half – 45 percent – of CMP’s sales. While the announcement is “fairly large,” according to Steve Weitzner, CMP’s chief executive, it is the culmination of two years of planning, making acquisitions and balancing the company’s portfolio.
Related stories:
- CMP Shutters ‘Intelligent Enterprise,’ Expands Web Presence
- CMP Technology Sells Noncore Pubs to Wicks Group
- CMP Media Renamed CMP Technology
- CMP Bows New IT Database Marketing Solutions and Sales Development Suite
- CMP Media Confirms Sale of Consumer Mags
- CMP Media Launches Global Custom Events
- CPM Relaunches ‘Dr. Dobb’s Journal,’ Folds ‘Software Development’
- CMP Combines Two ‘Hottest’ Online Trends in New Vertical Search Site
- CMP Shutters ‘Secure Enterprise,’ ‘IT Architect’
