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Miller to keep music mags

Published on .

Miller Publishing Group, Los Angeles, decided to hold onto Blaze, Spin and Vibe after exploring a sale of its music magazines, President-CEO Robert Miller said March 22. Mr. Miller and his financial partner, Freeman Spogli & Co., didn't get an offer that was compelling enough to commit to a sale, said a person close to the situation. Freeman Spogli agreed to stay on as a partner and will commit funds to develop the brands on the Internet. Renowned musician Quincy Jones, co-founder of Vibe, and his partner David Salzman also remain on board.

Copyright March 2000, Crain Communications Inc.

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