Primedia Inc. profile and media properties - American media companies at MediaOwners.com

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.

Comments about Primedia Inc.

Comments to date: 4. The most recent comments are below.


Margaret Matthews Frisco,Trxas , USA	Posted at 2:03pm on Thursday, March 4th, 2010
What a slimy way to do business! You must have known things were going down the tube because it just doesn't happed in.a day. Everyone should write a letter demanding a refund! Good luck! Maggie


Nichole Bigley Atlanta	Posted at 2:02pm on Tuesday, June 23rd, 2009
PRIMEDIA sold its Enthusiast Media group to Source Interlink in August 2007. Kit Car magazine was part of that group. You can find contact information on www.sourceinterlink.com.


William Ty O'Neal Frisco, Texas	Posted at 2:57am on Monday, January 26th, 2009
To Whom it may Concern! I am informing everyone I can that you and your business ethics Stink. I hope no one else gets taken out of their hard earned money. I subscribed to, "Kit Car", Magazine, and have received one issue. I just got my second issue today where you inform me that, "Kit Car", magazine is going out of Business and this is my last issue. Thanks for NOTHING! (Literally) I subscribe to several of your publications and I'm not sure I will re-subscribe to the other Magazines for fear of losing more money. We the readers aren't floating in cash right now either, and if your going to, "Rip Us Off", with no warning and still taking our money after we just subscribed 60 days ago, you obviously don't give a damn about your readers. I am extremely disappointed in your actions as a company. William Ty O'Neal I don't want anyone else I know taken by you so I am doing your job and at least informing them of your behavior. Enjoy! ======================================= Just thought I would pass it along in case you haven't heard. "Kit Car", Magazine announced that this month will be it's last issue. I think this totally scks for a couple of reasons: 1) I enjoyed reading about the new cars coming out 2) I just got my first issue last month This just chaps my Bt! It doesn't take a Rocket scientist to figure out your going out of business soon, and if you have people trying to subscribe to your magazine and you know Damn well you'll be out of Business in 60 days, it's hardly ethical to take the check from the person and cash it. Just to let everyone know, Don't try buying a subscription to, "Kit Car", because they will just take your money and not deliver the promised product. If they happen to read this, "SW YOU", and your magazine. I think they are part of, "Primedia", who Puts out Many more Titles. You might want to make sure they are not going to rip you off also. I subscribe to several, "Primedia", Products and this surely makes them look like a Crpy low life outfit. Ironically, this news appears on page 6 and something as big as this is not even mentioned in the, "Features", area. "Don't you think this is about the biggest feature of this issue?????? Jack A*s. A Very Disappointed Reader, William Ty O'Neal Frisco, Texas PS. You know how to find me if you decide to send a refund for the 10 issues I'm not getting, and I'll be happy to inform others that you care about your readers.


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

Primedia Inc.

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