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Tuesday, July 07, 2009

RBI has announced it is selling Travel Weekly and Gazeteer to Clive Jacobs - the man who used to own Holiday Autos and has always craved a position of influence in the travel industry. He is rich, but is he wise?

No info on the price paid. It's pretty likely the mag is not worth much but there is money in Gazeteer which is moslty online.



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At 9:49 am, Anonymous Anonymous said...

RBI are also making a swathe of journos redundant - I think the figure was about 50 voluntary redundancies, but 80 applied. However, they are trying to target certain mags - Caterer & Hotelkeeper and Community Care are two of them. Trying to lose about four posts on each but on CommCare ten wanted to take voluntary and are off in the next couple of months.

 

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