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BUSINESS
June 24, 1997
Reed Elsevier, a British-Dutch media company, said it is buying a trade magazine publisher and two other Walt Disney Co. units for $447 million. Reed Elsevier said it will pay cash for the three main units of Chilton Business Group, which was owned by Disney's ABC television network. The purchase of the Chilton companies will add to earnings from the start and provide significant tax benefits, Reed Elsevier said. Last year, Chilton posted a pretax profit of $28 million on sales of $203 million.
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NEWS
March 24, 2012 | By Ben Fritz, Los Angeles Times
Variety, Hollywood's oldest entertainment industry trade publication, has been put up for sale. Dutch and British conglomerate Reed Elsevier, which acquired the weekly publication and its Daily Variety newspaper 25 years ago, announced Friday that it was seeking a buyer for the 107-year-old brand, which has 61,000 combined weekly, daily and online subscribers, according to circulation figures reported by business publication auditor BPA Worldwide....
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BUSINESS
March 25, 1997 | (Reuters)
Anglo-Dutch publishing group Reed-Elsevier, seeking to expand its highly profitable scientific-publishing business, said it agreed to buy MDL Information Systems Inc. of San Leandro for $320 million. Reed-Elsevier, which is launching an online data-delivery service for scientific journals this summer, said its Elsevier Science Inc. unit will offer about $32 a share for all outstanding shares in MDL--a hefty premium over the stock's closing price Friday of $16.75.
BUSINESS
March 28, 2008 | From the Associated Press
More than a year after millions of T.J. Maxx and Marshalls customers found out their credit card information had been hacked into, the discount stores' operator agreed to have its information audited but avoided paying federal fines. TJX Cos. was one of three firms that agreed to settle charges that each "failed to provide reasonable and appropriate security for sensitive consumer information," federal regulators said Thursday in two unrelated data-breach decisions.
BUSINESS
October 14, 2003 | From Bloomberg News
The owner of the Hollywood Reporter, VNU, has been sued by the owner of rival Variety over a service that tracks the effectiveness of movie studio marketing. Reed Elsevier claims ACNielsen Corp., a unit of VNU, controls 80% of the $90-million market for movie studio market research and is illegally attempting to eliminate competitors. According to the lawsuit, ACNielsen's NRG unit is trying to force companies to stop providing data to Reed Elsevier's MarketCast service.
BUSINESS
October 28, 2000 | Reuters
Anglo-Dutch publisher Reed Elsevier reached a deal to acquire U.S. schoolbook publisher Harcourt General Inc. for $4.5 billion, or $59 a share. Reed, which owns Hollywood trade paper Variety and legal database Lexis Nexis, said it also has agreed to sell a large slice of Harcourt to Thomson Corp. of Canada for $2.06 billion. Reed also will assume about $1.2 billion in Harcourt debt in the deal.
BUSINESS
February 25, 2000 | Associated Press
Anglo-Dutch publishing giant Reed Elsevier said it would invest $1.2 billion to bring its traditional operations online and boost sagging earnings. The company also said it will cut 1,500 jobs, or about 6% of its work force, as it reported an 8.2% decline in pretax profit for 1999. Reed Elsevier, which specializes in legal, scientific and business publications, is known for its entertainment business magazine Variety, electronic news database Lexis-Nexis and scientific publication Cell.
BUSINESS
October 14, 1997 | From Associated Press
Anglo-Dutch publisher Reed Elsevier and its Dutch competitor, Wolters Kluwer, said Monday that they will merge to create a publishing powerhouse in the scientific and professional fields. The new company, Elsevier Wolters Kluwer, will have a strong presence in North America, Europe and Asia with trade journals and electronic information, the companies said in a joint statement.
BUSINESS
July 19, 1995 | From Associated Press
Reed Elsevier plans to sell publishing companies in Britain, the Netherlands and the United States that generated more than $900 million in revenue last year, or about 19% of its overall group revenue, the media company said Tuesday. Reed said the sale will enable it to concentrate on scientific, business and professional publishing. The properties put up for sale include Cahners Consumer Magazines, whose U.S. titles include American Baby, Modern Bride and Sail.
BUSINESS
October 5, 1994 | From Reuters
Anglo-Dutch publisher Reed Elsevier said Tuesday that it reached an agreement to acquire Mead Corp.'s Lexis/Nexis on-line information operation for $1.5 billion in cash. Reed Elsevier said it will acquire the assets of Mead Data Central, which operates the Lexis/Nexis legal and business publishing business. The acquisition also includes Michie Co., a leading U.S. state law publisher.
BUSINESS
October 14, 2003 | From Bloomberg News
The owner of the Hollywood Reporter, VNU, has been sued by the owner of rival Variety over a service that tracks the effectiveness of movie studio marketing. Reed Elsevier claims ACNielsen Corp., a unit of VNU, controls 80% of the $90-million market for movie studio market research and is illegally attempting to eliminate competitors. According to the lawsuit, ACNielsen's NRG unit is trying to force companies to stop providing data to Reed Elsevier's MarketCast service.
BUSINESS
March 10, 2001 | From Bloomberg News
Reed Elsevier Inc., which publishes "Who's Who in America" and other biographical directories, has filed a lawsuit accusing a rival company in Laguna Beach of appropriating the "Who's Who" trademark for its own directories. The lawsuit contends that Reed Elsevier Inc., a unit of Reed Elsevier Plc, the world's largest publisher of scientific journals, has secured a series of U.S. trademarks for its directories since first publishing "Who's Who in America" in 1899. It alleges that John L.
BUSINESS
October 28, 2000 | Reuters
Anglo-Dutch publisher Reed Elsevier reached a deal to acquire U.S. schoolbook publisher Harcourt General Inc. for $4.5 billion, or $59 a share. Reed, which owns Hollywood trade paper Variety and legal database Lexis Nexis, said it also has agreed to sell a large slice of Harcourt to Thomson Corp. of Canada for $2.06 billion. Reed also will assume about $1.2 billion in Harcourt debt in the deal.
BUSINESS
February 25, 2000 | Associated Press
Anglo-Dutch publishing giant Reed Elsevier said it would invest $1.2 billion to bring its traditional operations online and boost sagging earnings. The company also said it will cut 1,500 jobs, or about 6% of its work force, as it reported an 8.2% decline in pretax profit for 1999. Reed Elsevier, which specializes in legal, scientific and business publications, is known for its entertainment business magazine Variety, electronic news database Lexis-Nexis and scientific publication Cell.
BUSINESS
October 14, 1997 | From Associated Press
Anglo-Dutch publisher Reed Elsevier and its Dutch competitor, Wolters Kluwer, said Monday that they will merge to create a publishing powerhouse in the scientific and professional fields. The new company, Elsevier Wolters Kluwer, will have a strong presence in North America, Europe and Asia with trade journals and electronic information, the companies said in a joint statement.
BUSINESS
June 24, 1997
Reed Elsevier, a British-Dutch media company, said it is buying a trade magazine publisher and two other Walt Disney Co. units for $447 million. Reed Elsevier said it will pay cash for the three main units of Chilton Business Group, which was owned by Disney's ABC television network. The purchase of the Chilton companies will add to earnings from the start and provide significant tax benefits, Reed Elsevier said. Last year, Chilton posted a pretax profit of $28 million on sales of $203 million.
BUSINESS
October 5, 1994 | MARTHA GROVES, TIMES STAFF WRITER
Mead Corp. has agreed to sell its Lexis and Nexis database services for $1.5 billion in cash to Reed Elsevier, a British-Dutch publishing company whose U.S properties include Variety and Publishers Weekly. The announcement, made late Tuesday, followed nearly five months of bidding for Mead Data Central, Mead's information retrieval subsidiary. Mead put the unit on the block in May, saying it planned to focus on its core business of making paper.
NEWS
March 24, 2012 | By Ben Fritz, Los Angeles Times
Variety, Hollywood's oldest entertainment industry trade publication, has been put up for sale. Dutch and British conglomerate Reed Elsevier, which acquired the weekly publication and its Daily Variety newspaper 25 years ago, announced Friday that it was seeking a buyer for the 107-year-old brand, which has 61,000 combined weekly, daily and online subscribers, according to circulation figures reported by business publication auditor BPA Worldwide....
BUSINESS
March 25, 1997 | (Reuters)
Anglo-Dutch publishing group Reed-Elsevier, seeking to expand its highly profitable scientific-publishing business, said it agreed to buy MDL Information Systems Inc. of San Leandro for $320 million. Reed-Elsevier, which is launching an online data-delivery service for scientific journals this summer, said its Elsevier Science Inc. unit will offer about $32 a share for all outstanding shares in MDL--a hefty premium over the stock's closing price Friday of $16.75.
BUSINESS
November 28, 1996 | Times Staff and Wire Reports
Times Mirror Co. and Anglo-Dutch publishing group Reed-Elsevier announced the completion of their joint venture to own Shepard's, the nation's premier legal citation service. Times Mirror had announced in July that it would contribute Shepard's to a new 50-50 partnership with Reed Elsevier upon completion of the sale of Times Mirror's higher education group to McGraw-Hill Cos. in exchange for Shepard's and other consideration.
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