By ANDREW VANACORE
NEW YORK The Nielsen Co. is selling some of its most prominent trade journals including The Hollywood Reporter and Billboard and shutting down Editor & Publisher, which has chronicled the newspaper business for 108 years.
In all, Nielsen is selling eight titles to e5 Global Media LLC, a new company formed by private equity firm Pluribus Capital Management, and Guggenheim Partners, a financial services company. Nielsen said James Finkelstein, who founded Pluribus this year with George Green and Matthew Doull, will serve as e5's chairman.
Along with Editor & Publisher, the company is also shuttering the book review title Kirkus Reviews. The two publications have 18 employees combined. Nielsen would not reveal details about the financial performance of E&P or Kirkus.
http://news.yahoo.com/s/ap/20091210/ap_en_ot/us_editor___publisher_closing
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