Cycle World sold to Hearst

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Category: Dailies

Hearst has completed the much-rumored purchase of Lagardère SCA’s international publishing wing, acquiring 102 publications in 15 countries including Cycle World, Car and Driver and Road & Track. Hearst paid $889 million in the deal, the crown jewel of which is women’s fashion title Elle (1.1 million readers a month). At 310,971 readers, Cycle World claims the largest circulation of any printed motorcycle magazine in the US. It’s unclear what ultimate fate will befall CW as a result of this sale, but rumors indicate there’s some possibility it could be repackaged with Hachette’s former automotive titles for a further sale.

Hearst via NYTimes

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