Your tip
RadarOnlineRadarOnline
BREAKING NEWS

Newhouse Plays Ball

Oct. 27 2008, Published 7:07 a.m. ET

Link to FacebookShare to XShare to Email

VULCAN DEATH GRIP Allen Paul Allen has found someone to take the Sporting News off his hands. Employees of the St. Louis-based title—known chiefly as "that sports magazine that's not SI or ESPN"—learned Monday that they have been acquired by American City Business Journals, part of the Newhouse-owned Advance Publications. (Advance also owns Condé Nast, Golf Digest and various newspapers and cable companies.) The news came down in the form of a not-terribly-reassuring internal memo, which raised the issue of layoffs without really addressing it.

MORE ON:
Breaking News
Article continues below advertisement

"There are no plans to make immediate changes to our overall workforce; all aspects of our business will be evaluated in the ordinary course to determine how Sporting News can begin to grow again," it said.

Advertisement

DAILY. BREAKING. CELEBRITY NEWS. ALL FREE.

Opt-out of personalized ads

© Copyright 2024 RADAR ONLINE™️. A DIVISION OF EMPIRE MEDIA GROUP INC. RADAR ONLINE is a registered trademark. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy. People may receive compensation for some links to products and services. Offers may be subject to change without notice.