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Article: Primedia's Modern Bride Group Secures Majority Position in On-Line Wedding Business, WeddingNetwork.com; Group Positioned to Continue Leadership of Wedding Market in Both Traditional and New Media.
- Article from:
- Business Wire
- Article date:
- October 25, 2000
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Business/Publishing Editors
NEW YORK--(BUSINESS WIRE)--Oct. 25, 2000
John Loughlin, president and CEO, Primedia's Consumer Media and Magazines, (NYSE: PRM) announced today that the company's Modern Bride Group has taken a controlling interest in Denver-based Internet Gift Registries, and its WeddingNetwork.com, its online wedding gift registry business. This move gives Primedia the largest omni-media position across on-line and off-line wedding businesses among media companies.
As a result of this expanded alliance with Internet Gift Registries, Mr. Loughlin also announced promotions and appointments of senior executives designed to continue ...