US newspaper industry ‘bible’ Editor & Publisher sold

Editor & Publisher, a magazine which has chronicled the US newspaper industry for over a century, was sold, exactly two weeks after being shut down by its owner, the Nielsen Co. Duncan McIntosh Co. the Irvine, California-based publisher of Boating World and other magazines, announced it had bought E&P for an undisclosed price from Nielsen. Duncan McIntosh Co. said Charles McKeown will remain publisher of E&P. Known as the “bible” of the news industry, E&P has been closely following the struggles of a US newspaper industry grappling with declining circulation, falling print advertising revenue and the migration of readers to free news online. E&P’s new owner said there would be a February print issue of the magazine. E&P’s website immediately resumed operations upon the completion of the sale.

http://www.google.com/hostednews/afp/article/ALeqM5jzd-xTfSIScXKPPw057xlXMO-t4g

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