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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
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 ...
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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 ...
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 ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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