Around the Net
Hearst, Conde Nast, To Exit Magazine Distribution Biz
- Folio , Wednesday, February 1, 2012 3:37 PM
Hearst and Condé Nast are leaving the magazine distribution business, selling Comag Marketing Group, the magazine distribution company they owned jointly, to the Jim Pattison Group for an undisclosed sum.
The deal "is being positioned as an effort to heal a newsstand supply chain that's long been fraught with competing interests and inefficiencies," writes Bill Mickey.
