By: Lori Lefevre Times Mirror Picks Up One Mag
(Mediaweek) Hearst Corp. has sold Motor Boating & Sailing magazine to Times Mirror Magazines and Sports Afield to SA Acquisition Corp. SA Acquisition is chaired by Robert E. Petersen, founder and former chairman of Petersen Publishing.
MB&S, a 122,505 circulation monthly, will join Times Mirror Magazine's stable of outdoor enthusiast titles, such as Yachting, Salt Water Sportsman, Field & Stream, and Outdoor Explorer. Hearst has owned the 92-year-old title since 1909.
Sports Afield, which has a circulation of 456,378, has been with Hearst for nearly half its 112-year history. Closely held Hearst originally put the titles up for sale in August. Both sales are expected to be completed in the first quarter of next year.
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(c) Copyright 1999, Editor & Publisher
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