Wicks Group Buys CMP Entertainment Media for $50M

NewBayUnited Business Media has sold CMP Entertainment Media to The Wicks Group of Companies L.L.C for $50 million – $47 million in cash at closing and $3 million in an earn-out. CMP Media’s assets include 14 magazines, eight events, numerous supplements and newsletters, custom products and more than 20 online properties.

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