Out of vogue

THIS week bankers have a perfect excuse to pore over pictures of scantily clad models, fast cars and film stars: Emap, a British media firm that straddles consumer magazines, radio and trade exhibitions, is up for sale, and bids are due by early October. Emap has 50 magazine titles, which produced revenues of £408m ($773m) in the year to March 2007, and its sale will attract international attention. Foreign publishers are expected to bid, as are private-equity firms. The outcome will be a timely judgment on the prospects for consumer-magazine publishers in the developed world.

Bron: Economist.com