Canadian Magazine Industry News
30 August 2010,     TORONTO
Niel Hiscox to purchase CLB Media automotive titles
CLB Media vice president, publishing Niel Hiscox has confirmed he is in talks to purchase the automotive group of titles from the company once the Annex deal goes through this week.

Hiscox says he has spoken with Cartwright Group president Stuart Morrison and Annex Publishing president Michael Fredericks and both agree his purchasing the titles, which include Toyota’s trade publication and Canadian Auto Dealer makes sense for all involved.

The deal would see the titles transferred from owner Ian Cartwright to Hiscox, he says and is slated to be completed by the end of the year. The company would remain titled CLB Media, says Hiscox but would move from its current Aurora, Ont.-based location to a to be determined address.

Staff changes would be minimal, he says, as there is no overlap in editorial and sales teams between the automotive titles and those being sold to Annex. As for advertisers, Hiscox says they see it as a positive. “There is a sense it is a win, they are working with the same people,” he says. “They also get a bigger share of my time, which I think is good. But I’m biased.”

Hiscox says he will launch the stable of titles with the automotive books and possibly build with digital titles in the future. “I believe there is a migration of money from advertising to content marketing programs,” he says. “The automotive titles fall under publishing and content marketing.”

Annex Publishing & Printing Inc. submitted a letter of intent to purchase most remaining CLB Media websites following a deal which saw Thomson Reuters buying Law Times and its sister publications. The Annex deal is scheduled to be completed this week once due diligence is completed.

Story Tools
Most Recent News Comment
Jeff Shearer, says:
No, the morons are the media owners who run "sponsored content" for $ and don't understand that it w...
Most Recent Blog Comment
Jim A. says:
I also purchased an Android tv box just a short while ago, with the intent of cancelling or, at the ...
Scott Bullock Covers Sell
Scott Bullock
Most recent posts:
Industry Guest Blogger Words of Inspiration
Industry Guest Blogger
Most recent posts:
Dennis Kelly 57 Media Spikes
Dennis Kelly
Most recent posts:
Martin Seto Gadget Blog
Martin Seto
Most recent posts:
Norm Lourenco RGD Magazine Media Brandaid
Norm Lourenco RGD
Most recent posts:
Richard Johnson Off the Page
Richard Johnson
Most recent posts:
Special Reports
Upcoming Industry Events
Masthead Web Edition Archives
More Archives