Thursday, December 10, 2009

Editor and Publisher, 125 years old, to cease publication

"NEW YORK Editor & Publisher, the bible of the newspaper industry and a journalism institution that traces its origins back to 1884, is ceasing publication.

An announcement, made by parent company The Nielsen Co., was made Thursday morning as staffers were informed that E&P, in both print and online, was shutting down.

The expressions of surprise and outpouring of strong support for E&P that have followed across the Web -- Editor & Publisher has even hit No. 4 as a Twitter trending topic -- raise the notion that the publication might yet continue in some form.

Nielsen Business Media, of which E&P was a part, has forged a deal with e5 Global Media Holdings, LLC, a new company formed jointly by Pluribus Capital Management and Guggenheim Partners, for the sale of eight brands in the Media and Entertainment Group, including E&P sister magazines Adweek, Brandweek, Mediaweek, Backstage, Billboard, Film Journal International and The Hollywood Reporter. E&P was not included in this transaction." Link.

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