Friday, July 27, 2012

Infomedia18 publishing business restructured

News this week: Indian B2B publisher Infomedia18 announced a restructuring that sees its publishing business, which includes special interest magazines and business directories portfolio, consolidated with Network18 under a new division ‘Network18 Publishing’. The company’s printing press business will continue to remain with Infomedia18.

The new Network18 Publishing will comprise of three sub-divisions:  business to consumer (B2C) magazines, business to business (B2B) magazines and business directories division (BDD). Network18 Publishing will be headed by Sandeep Khosla, former CEO of Magazine Publishing of Infomedia18.

B Sai Kumar, group CEO of Network18, commented, “We believe that the special interest and B2B spaces will be one of the key drivers for publishing in India, both in print and new media. With Network18 Publishing, we’ve aligned our assets to capitalise on this trend both from a community building as well as a commercial perspective.”

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