October 14, 2003 |
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.
March 10, 2001 |
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.
October 28, 2000 |
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.
February 25, 2000 |
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.
October 14, 1997 |
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.
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.