CAHNERS TO LAUNCH "BROADBAND WEEK"; ACQUIRES WEB CONTENT MANAGEMENT CO.

The Telecommunications Group (Highlands Ranch, CO) of Cahners Business Information (New York) will begin the publication of Broadband Week magazine with an issue on September 1. With an initial controlled circulation of 55,000, it will be published four times in 2000 going to twice-monthly by the beginning of 2001. Frequency will increase to weekly by the end of the second quarter of 2001, Cahners said. A companion Web site (fattcity. com) will be launched in conjunction with the magazine.

The title is being targeted to broadband service providers, broadband site owners and developers, content providers, software and equipment suppliers and enterprise broadband network operators. Cahners said the launch is designed to keep business executives and technologists appraised of the latest developments in the field of broadband communications and "enable them to make sound business decisions related to the effective use and exploitation of broadband information delivery."

The magazine will be platform-neutral with coverage of services offered by telephone service providers, cable operators, wireless and other delivery media. Editorial will cover hardware and infrastructure issues as well as new products and services for broadband systems, business, educational and entertainment products offered via the Internet and cable and over-the-air channels, including two-way interactive applications.

It will also cover business management, customer service, training, governmental and regulatory issues, standards developments and the societal impact of broadband use. The Web site will provide resources to locate information and broadband-related products. Broadband Week has been a special section of Cahners' Multichannel News.

In related news, Cahners has acquired eLogic Corp. (Los Angeles, CA), an application service provider (ASP) of content management and delivery systems to media and Internet companies, for $79 million. eLogic supplies a variety of Internet products and services, including Web development, design and hosting as well as content licensing and customization. Customers include ZDNet, Intuit, Washingtonpost. com, NewsEdge and Northern Light.

Cahners' 140 magazine Web sites and its vertical portals will serve as customers of eLogic, which will be managed as an independent entity. "eLogic will continually earn and re-earn the right to provide service to other Cahners and Reed-Elsevier units on an arms-length basis," Cahners ceo Marc Teren said.