Monday, February 01, 2010

Ten Alps buys 10 Asian titles from Reed

Ten Alps buys 10 Asian titles from Reed | Media | guardian.co.uk
The Guardian story linked here includes some intriguing elements:

  • Bob Geldof, the early 80s punk/pop star who hated Mondays is now buying into Asia B2B media;
  • As UBM did in 2000, Reed is now selling out of its Asian travel publishing business, now much weaker than long-time rival TTG Asia which has rather thrived under the benign neglect of ownership by the china.com group;
  • Reed is left with not much of anything in Singapore except expensive corporate staff. How much longer will they all be there we wonder?