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REPORT: Source Interlink, parent co. of Motor Trend, Automobile, Hot Rod, files for Chapter 11
Source Interlink, the mega-publishing firm that owns Automobile, Motor Trend, Hot Rod and dozens of other enthusiast print and web titles, filed for Chapter 11 bankruptcy protection in a Wilmington, Delaware court yesterday. According to the filing, Source Interlink has a listed debt of $1.9 billion and assets amounting to $2.4 billion, and in a statement from Greg Mays, Source's CEO said "This restructuring will materially reduce our interest expense and debt levels." The filing comes at a time when first quarter advertising revenue in ... Read more →
Motor Trend, Automobile sold to Source Interlink John Neff
It appears that today is the day for shedding divisions, as in addition to news that Daimler has sold a majority stake in Chrysler to the Cerberus Group, we've also learned that Primedia has finally ...
Got 12 bucks? PRIMEDIA puts Motor Trend and more up for sale John Neff
PRIMEDIA Inc., the parent publishing company that's responsible for Motor Trend, along with other enthusiast mags like Automobile and Hot Rod, have announced that it's "exploring the sale" of its ...
![Gran Turismo 5 demo coming to PSN on Dec 17, GT Academy returns [w/VIDEO]](http://www.blogcdn.com/www.autoblog.com/media/2009/12/370z-gt-academy_143x85.jpg)
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REPORT: Source Interlink, parent co. of Motor Trend, Automobile, Hot Rod, files for Chapter 11 7 months ago on Autoblog
Source Interlink, the mega-publishing firm that owns Automobile, Motor Trend, Hot Rod and dozens of other enthusiast print and web titles, filed for Chapter 11 bankruptcy protection in a Wilmington, Delaware court yesterday. According to the filing, Source Interlink has a listed debt of $1.9 billion ...
Motor Trend, Automobile sold to Source Interlink 2 years ago on Autoblog
It appears that today is the day for shedding divisions, as in addition to news that Daimler has sold a majority stake in Chrysler to the Cerberus Group, we've also learned that Primedia has finally unloaded its Enthusiast Media division to Source Interlink. The Enthusiast Media division of ...
Got 12 bucks? PRIMEDIA puts Motor Trend and more up for sale 2 years ago on Autoblog
PRIMEDIA Inc., the parent publishing company that's responsible for Motor Trend, along with other enthusiast mags like Automobile and Hot Rod, have announced that it's "exploring the sale" of its Enthusiast Media division. While the sale price will probably be more than the going rate for a ...
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