MediaBuyerPlanner: CMP Technology has sold its noncore consumer and enthusiast magazines for $47 million in cash, writes BtoB.
The sale, to Wicks Group of Cos., includes Bass Player, Guitar Player, Pro Sounds News and Systems Contractor News. CMP will now be able to enhance its focus on its b-to-b media properties, including Dr. Dobb’s Journal, EE Times and Information Week, the company says.
Related stories:
- EE Times Europe Launches Print Mag
- CMP Media Renamed CMP Technology
- CMP Bows New IT Database Marketing Solutions and Sales Development Suite
- CMP Media Confirms Sale of Consumer Mags
- CPM Relaunches ‘Dr. Dobb’s Journal,’ Folds ‘Software Development’
- CMP Shutters ‘Secure Enterprise,’ ‘IT Architect’
- InformationWeek Adds 60,000 Subscribers
