Media entrepreneur Steven Brill is close to an agreement to buy Powerful Media, the parent company of the Inside.com media news web site and a just-launched business magazine, people familiar with the
matter said Friday. There are still several issues that could derail the deal, but the two sides have settled most of the issues of how to combine the two companies, said the sources, who spoke on
condition of anonymity. Specialist magazine publisher Primedia Inc. is also involved in the deal as a 49 percent owner of Brill Media Holdings, the company controlled by Brill that publishes the
media watchdog magazine Brill's Content.
