Monday, April 1, 2013

Advance Publications Sells Sporting News

The Sporting News used to be one of America’s oldest print publications, but last year it moved to a digital-only format. And now it’s owned by a British Web video company.
Sporting News owner Advance Publications — the same folks that own Conde Nast — has folded the title into a joint venture with Perform, a London-based digital video distributor. The idea is to create a bigger U.S. presence for Perform, which already distributes sports highlights clips to some U.S. newspapers and other publications.