Sometimes it seems that the entire magazine-publishing industry is being bought up by the former executives of my former employer. Now Apprise Media, run by ex-president of Primedia Charles McCurdy, has agreed to purchase Canon Communications. The acquisition of the publisher of such medical-manufacturing titles as "Plastics Machinery and Auxiliaries" is Apprise's first move into B2B.
I send my "good luck" wishes to McCurdy, the guys at Red 7 Media, the team at Ascend Communications and all the rest of the Primedia exiles.
Primedia, on the other hand, is undergoing a "major philosophical shift" and turning its back on acquisitions.