CEO Tad Smith also stepping down
By Georg Szalai and Steven Zeitchik
July 30, 2009, Hollywood Reporter
NEW YORK -- Reed Elsevier, the Dutch-English publishing company that owns a large number of media and entertainment business titles, plans to sell a number of its publications, including Multichannel News, Broadcasting & Cable and Publishers Weekly.It will retain such titles as flagship pub Variety and entertainment directory LA411. The partial sales plan follows a failed attempt last year to sell the whole business-to-business publishing arm, Reed Business Information.