Primedia Inc.

Charles Stubbs is the CEO of Primedia Inc..

Primedia (NYSE: PRM), formerly known as K-III Communications, was once a major American magazine publisher. Most of the media assets of the company have been sold. Previously headquartered in New York City, Primedia is now based in Norcross, Georgia, near Atlanta.

Since 2001, Primedia has undergone major restructuring. Consumer magazines such as Seventeen and New York have been sold to other publishers. Bruce Wasserstein's New York Media Holdings bought New York magazine from Primedia in late 2003.

In February 2005, Primedia sold About.com, the Web portal it had bought for $690 million in stock in 2000, for $410 million to The New York Times Company.

In August 2005, Primedia sold Primedia Business Information to Wasserstein & Co.'s PBI Media Holdings, Inc. for $385 million. The business-to-business media company was then renamed Prism Business Media.

During the year ended December 31, 2006, the Company announced that it would classify its Education segment as a discontinued operation.

In May 2007, the company sold its Films Media Group to Facts on File, Inc. In August 2007, the company sold the Primedia Enthusiast Media division to Source Interlink Companies, Inc.

What remains of Primedia is the consumer guides division, Consumer Source Inc. The company publishes and distributes free print guides across the United States for the apartment, auto and home industries. It also operates classified listing Internet web sites.

The private equity investment firm Kohlberg Kravis Roberts (KKR) owns more than 50% of Primedia. In 2004, company revenues were $1.307 billion.

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larry nelson   Salem, MO.	Posted at 10:59pm on Wednesday, May 9th, 2007
I paied for two Publications on one of your web sits, a mistake was made in my return address and I have been trying to get to the web sit to fix the address, but I can not get on to it, the response to my payment did not giv me an account number and the sit will not take my e-mail address, I have been trying to send e-mails to all the address that is given on the Primedia web page, they all are returned by Miller/Damin as no good. This should be fixed so your customers can take care of what ever they need to. This is know way to run a web sit. Thank you. Larry Nelson

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