Sanoma Magazines, the magazine division of the SanomaWSOY Group, considers the possibilities to sell its movie distribution company R.C.V. Entertainment B.V. The company is the largest independent distributor of film in the Benelux countries.
Sanoma Magazines' strategy is to focus on its core activities, i.e. magazine publishing and online operations. Earlier this year, it disposed of, through its subsidiary Sanoma Uitgevers, its puzzle magazine portfolio in the Netherlands.
No information or comments will be provided on the progress of the process until a final conclusion has been reached.
SANOMAWSOY CORPORATION
Matti Salmi
Senior Vice President
Finance and Administration
www.sanomawsoy.fi
www.sanomawsoy.fi/Investors
Sanoma Magazines is one of the largest consumer magazine publishers in Europe. The company publishes more than 300 magazines in thirteen different countries. Apart from developing its strong portfolio of magazine brands for various reader communities, Sanoma Magazines is expanding its business to other media platforms, with a clear focus on interactivity. Sanoma Magazines is part of the SanomaWSOY Group, which operates in versatile fields of media in over 20 European countries.