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Nielsen shuts down ‘Training'

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New York—Nielsen Business Media told employees Tuesday that it is shutting down Training magazine and its companion Web site, trainingmag.com, according to a Nielsen Co. spokesperson.

The March issue will be the publication's last. The move includes the elimination of 11 positions, the spokesperson said.

Nielsen Co. is exiting the trade publishing business; in addition to closing some publications, it is selling others. The company recently sold Billboard and The Hollywood Reporter to e5 Global Media.

Additionally, Nielsen was able to sell Commercial Property Executive and Multi-Housing News after shutting them down in the fall. Yardi Systems, a provider of property management software, acquired the titles late last year.

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