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‘Variety’ publisher to exit in March

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Los Angeles—Charlie Koones will resign in March as president-publisher of Variety, the entertainment trade paper said Wednesday. Koones said the split is amicable and that he hopes to raise venture capital to pursue unspecified opportunities in media. Neil Stiles, division managing director for parent company Reed Business Information, will succeed Koones, who is also in charge of the entertainment group at Reed.
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