Dennis Publishing Sale So Very Close
Oct. 27 2008, Published 7:07 a.m. ET
NEED A RECEIPT? Dennis
It's taken a little longer than expected, but the sale of Dennis Publishing is just about complete, and the outcome won't surprise anyone who's been paying attention.
Sources say former Wenner Media executive Kent Brownridge, with backing from Quadrangle Partners, has indeed secured a deal to buy the company, home to Maxim, Stuff, and Blender magazines. An announcement could come as soon as tomorrow, with details being finalized in the next week or so.
As for our earlier rundown of rumors about the sale, it sounds like the talk of Maxim editor Jimmy Jellinek getting replaced is more than mere speculation. Additional sources have since confirmed to RadarOnline.com that Brownridge has been quietly shopping the job. (Brownridge, reached in his office at Quadrangle, declined to comment.)
Never Miss an
Daily updates from the heart of Hollywood, right to your inbox
By entering your email and clicking Sign Up, you’re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.
