Further to my postings here and here, more news of IPC Media magazine sales.
The company is reported, by Media Week, to be finalising the sale of three specialist magazine brands to publisher Chelsea Magazines.
They are World Soccer (which had an average circulation of 40,000 in 2009), Racecar Engineering (which claims to be the world's leading technology publication for motorsport) and Classic Boat (which had an average circulation of 12,000 last year).
News of the sell-offs, which may involve as many 28 magazines, was preceded by the announcement that IPC's chief executive for just 20 months, Evelyn Webster, is stepping down to be replaced by IPC's former chief executive Sylvia Auton.
