Disney sells stake in US Weekly magazine

Disney has sold its 50% stake in the US Weekly magazine to Jann Wenner. Since Disney became a partner in the magazine 5 years ago circulation more than doubled from 850,000 to  1.75 million while also doubling its ad pages. Wenner Media, who now owns the whole magazine, also owns Rolling Stone and Men’s Journal. (Link)

Digg This
Reddit This
Stumble Now!
Buzz This
Vote on DZone
Share on Facebook
Bookmark this on Delicious
Kick It on DotNetKicks.com
Shout it
Share on LinkedIn
Bookmark this on Technorati
Post on Twitter
Google Buzz (aka. Google Reader)

About Whit

Whit Honea is the author of The Parents' Phrase Book. He lives in the L.A. area with his wife and two boys. You can find his writings and other works all over the Internets. Now available on Twitter.
This entry was posted in Publishing. Bookmark the permalink.