Reed Elsevier, parent company of Reed Business Information (RBI), is close to completing a deal that would grant a three-year extension of $2 billion of loan debt.
RBI’s Karl Schneider on implementing new digital operations at the magazine publisher.
Since announcing the ‘divestment’ of magazine publishing arm Reed Business Information (RBI), the sale by parent company Reed Elsevier has been the centre of much speculation.
Below is a timeline (created using Dipity) of the events so far – if there are any missing, let me know:
A buyer for Reed Elsevier’s B2B publishing arm RBI is expected to be announced in October, a memo from Marianne van Leeuwen, the chief executive of Reed’s Dutch operations, has said.
Journalism.co.uk wrote a story last week about comments RBI managing director Jim Muttram made to the PPA conference about performance related pay for journalists.
Back on his own blog Jim has posted about the hubbub surrounding the issue.
“If any pay for performance scheme were ever to be implemented in a blanket fashion that very well might be the result – which, for the record, would be a bad thing!
“However, in an online world where attention is firstly more valued and more difficult to get, and secondly increasingly measurable it surely comes as no surprise that questions about how to maximise it arise from time to time.”
I recommend a click through to read the whole post.