Hachette Filipacchi Selling Its Magazines?

Hachette Filipacchi Selling Its Magazines?

US publisher Hachette Filipacchi (Popular Photography, American Photo, Boating, Cycle World, Flying and Sound & Vision) is reported to be looking for buyers of its enthusiast magazines.

There’s been a series of cost-cutting moves under new CEO Alain Lemarchand since he took office last fall – even dropping out of the magazine industry association – but the move to sell its popular magazines is the most dramatic yet.

It was not clear whether the titles were available individually or only as a group. Hachette also publishes Elle, Car and Driver, Road & Track and Woman’s Day magazines.

[Site: HFMUS.com]
[Via: AdAge.com]

Published by Chris Malinao

Chris teaches Lightroom as workflow software to photography students at the FPPF, Federation of Philippine Photographers Foundation. He also teaches smartphone photography.