Talk Media, Hearst ponder joint venture

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Talk Media, the Miramax venture with editor Tina Brown and publishing executive Ron Galotti, and Hearst Magazines are in discussions to do a joint venture or back-office deal, according to executives close to the companies. A deal may be imminent, according to one publishing executive. If such an agreement is reached, Hearst may provide Talk Media with subscription fulfillment, newsstand distribution and production help for its title being launched this fall.

Copyright January 1999, Crain Communications Inc.

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