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Chief executive Smith leaves Reed Elsevier

LONDON - Ian Smith, chief executive of Reed Elsevier, publisher of New Scientist and Farmers Weekly, has left the company after just 11 months.

Frontline names Straetmans as new managing director

LONDON - Frontline Limited, the magazine distribution company, has appointed Frank Straetmans as managing director.

Turning Point: Des McSweeney, publisher, Intelligent Life

My career turning point was... in 1987, when I boarded a flight from Kathmandu to London to meet my future boss, The Economist's Helen Alexander, instead of heading back to Hong Kong. I had been worki...

Profit drops at Condé Nast

LONDON - Condé Nast, the upmarket publisher of magazines such as Vogue and Tatler, posted a pre-tax profit of £20.1m in 2008, down from £23.9m in 2007. It reported turnover of £125.3m, down from £126....

John Brown takes Ally Owen from The Guardian

LONDON - John Brown Media, the customer publisher, has made two key appointments.

NatMags to launch Company magazine spin-off

LONDON - NatMags is to launch a stand-alone style magazine, called The High Street Edit.

IPC Media pre-tax profits up in 2008

LONDON - IPC Media posted a rise in pre-tax profit in 2008, according to the latest accounts filed at Companies House.

Haymarket profits down following restructuring

LONDON - Haymarket, publisher of Media Week, posted a 43% drop in pre-tax profit to £4.5m in 2008, after taking a £7.2m hit for what it termed a "significant reorganisation" relating to the recession.

NatMags pre-tax profits down

LONDON - NatMags, publisher of magazines including Cosmopolitan and Esquire, reported a pre-tax loss of £42.8m in 2008, down from a £15.9m profit the year before.

Bazalgette firm must "put up or shut up" over Centaur bid

LONDON - Critical Information Group, the media acquisitions company that counts Peter Bazalgette among its directors, has been given until 7 December to table a takeover offer for The Lawyer publisher...

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