PlanetOut buys gay publisher

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PlanetOut, San Francisco, an Internet portal for the gay community (planetout.com), will acquire Liberation Publications, Los Angeles, publisher of gay and lesbian periodicals and books, including every-other-weekly The Advocate. Liberation also will soon close a deal to acquire monthly lifestyle title Out. PlanetOut has partnerships with America Online, Netscape, and Yahoo!, as well as advertising agreements with Arista Records, Johnson & Johnson and Virgin Atlantic Airways.

Copyright March 2000, Crain Communications Inc.

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