CRAIN COMMUNICATIONS ACQUIRES MEXICAN BUSINESS PUBLICATIONS.Crain Communications (Detroit, MI) has entered into the Latin American market with the purchase of three business publications in Mexico. No terms for the deal was given. The acquired titles, purchased from Editorial Urbano (Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi ), include the weekly El Asesor de Mexico and the bi-weekly El Asesor de Monterey, tabloids which cover local business news and developments in Mexico City and Monterey, respectively, and Velocidad Internet, a bimonthly bi·month·ly adj. 1. Happening every two months. 2. Happening twice a month; semimonthly. adv. 1. Once every two months. 2. Twice a month; semimonthly. n. pl. magazine that covers the Mexican Internet industry. The Spanish-language publications are the first Cram products not published in English. The local news tabloids will become a part of Grain's regional business publications group, a unit that includes Crain's Detroit Business, Grain's Chicago Business, Grain's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Business and Grain's Cleveland Business. Crain senior vp/international Joe Cappo said "this is a fabulous time for us to move into Mexico. That country is entering a new era of political reformation and economic advancement and we want to be a part of it. This also will give us an opportunity to look for future growth opportunities throughout Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. ." Crain has been involved in Latin America for the last ten years through the licensing of its U.S. publications to local publishers. The company currently has nine licenses in Brazil, Argentina, Ghile, Columbia, Venezuela and the Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. . |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion