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Foreign ownership grows in U.S. magazine market
New York AP report notes a rise in foreign investors buying American magazines as profits rise and the dollar weakens. German Gunner Jahr expands, British Harmsworth backs Soho Weekly News, and Murdoch builds mass-market holdings, while newspapers see little foreign ownership growth.
MENTIONED IN THIS ARTICLE
New York
U.S
United States
Vere Harmsworth
Esquire
Clay Felker
Rupert Murdoch
New West
Felker
Harmsworth
Associated Newspapers Group
Britain
News
Murdoch
National Star
New York Post
Village Voice
Canada
Toronto Star
Tiger Beat
Rona Barrett
Bonnier
Sweden
Financial Times
Wall Street Journal
Economist
Robert Farley
Magazine Publishers Association
Ed Dunleavy
Merrill Lynch Pierce Fenner & Smith
Farley
Ken Noble
Paine Weber Mitchell Hutchins
Noble
Gruner & Jahr
Henri Nannen