February 22, 2008

Dataveillance Consolidation [12:58 pm]

Reed Elsevier, owners of Lexis-Nexix, make a scary move: Magazines Up for Sale, Including Variety

Variety, Publishers Weekly and dozens of other trade publications are going up for sale as the publishing company Reed Elsevier looks to get out of the uncertain advertising market.

The company, based in London and Amsterdam, announced Thursday that it intended to sell one unit, Reed Business Information, and acquire ChoicePoint, a provider of consumer information, for $4.1 billion.

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