News

CableFAX Parent Close to Buying CableWorld

9/29/2003 6:34 AM Eastern


CableWorld
-- the pay TV trade publication that offers a blend of
breaking news with in-depth profiles of cable systems and their management teams
-- is close to being sold to PBI Media LLC, publisher of CableFAX Daily,
sources said Monday.

PBI CEO Don Pazour said through an assistant that he had nothing to report
about a possible CableWorld purchase at this time. But the assistant,
when pressed, would not deny that the sale, as one source put it, was
"imminent."

CableFAX editorial staff referred all questions to Pazour's office.

PBI's plans for CableWorld, which is owned by Primedia Inc., are not
clear. But one source indicated that PBI planned to transform CableWorld
from a weekly to a biweekly magazine.

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