- United News & Media has sold the French and UK operations of CMP Media, the US IT publisher, to VNU for $4 million.
United acquired the US group in May with the intention of concentrating on the company's development in the North American market. In the UK, CMP's titles include Information Week, Network Week and Computer Reseller News.
A number of senior redundancies have already been made. Both Network Week and Computer Reseller News compete with rival VNU titles and are likely to be closed down.
At the same time United has announced plans to spin off its Miller Freeman internet business. As part of these plans it has appointed Colin Campbell as e-commerce business director.
Campbell, who will be based in San Francisco, will focus on expanding the company's current business-to-business internet activity and growing its e-business division.