SANDOW,
publisher of Luxe Interiors + Design, Worth and NewBeauty, among others,
announced today that it sold its Furniture Today Media Group to newly-formed FT
Media Holdings, LLC.
Financial terms were not released. SANDOW's chairman and CEO Adam Sandow declined to offer any other details on a sale price, but says the group's profits grew 40 percent since the company bought the Furniture Today assets from Reed Business Information in 2010.
The RBI deal also included Interior Design, which SANDOW will keep.
Financial terms were not released. SANDOW's chairman and CEO Adam Sandow declined to offer any other details on a sale price, but says the group's profits grew 40 percent since the company bought the Furniture Today assets from Reed Business Information in 2010.
The RBI deal also included Interior Design, which SANDOW will keep.
