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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 →

Rumormill: Turbo & High-Tech Performance Magazine gets the axe Merritt Johnson

The first issue hit newsstands in June 1985, and after 23 years in the game, Turbo & High-Tech Performance Magazine is rumored to be at the end of its rope. In its late 90's heyday, Turbo ...

Motor Trend, Automobile sold to Source Interlink John Neff

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**REPORT: Source Interlink, parent co. of Motor Trend, Automobile, Hot Rod, files for Chapter 11** 6 months ago on Autoblog

Rumormill: Turbo & High-Tech Performance Magazine gets the axe 1 year ago on Autoblog

The first issue hit newsstands in June 1985, and after 23 years in the game, Turbo & High-Tech Performance Magazine is rumored to be at the end of its rope. In its late 90's heyday, Turbo Magazine boasted over 150 content-filled pages in each issue during the the import drag racing boom. ...

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 ...

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Autoblog Podcast #152: Paukert Enhanced!

Chris Paukert joins the usual crew of Chris, Sam, and Dan, summarily classing up the joint.

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