Burkle going after Maxim

Please, no jokes. So what if Ron Burkle likes to hang with models and starlettes, and Maxim specializes in, well, lots and lots of photos of models and starlettes (the May issue includes "six rules for making the ultimate sex tape"). That can't possibly be the basis for the L.A. billionaire's interest in Dennis Publishing, which owns Maxim, along with Blender and Stuff (don't ask). Maxim is the biggest prize, with circulation of 2.5 million and a 20.2 percent increase in ad pages for the first quarter. Burkle, through his Yucaipa investment arm, is in competition with ex-Wenner Media executive Kent Brownridge, who is no shrinking violet himself (dubbed Dr. Evil in some NY circles, he's the guy who kept the trains running on time in the Jan Wenner empire). Anyhoo, the third and final round of bids are due May 23, according to Ad Age. Others may make last-minutes tries. Burkle has been trying to bulk up on media properties, most recently with this week's purchase, through Yucaipa-controlled Interlink Cos., of Primedia's enthusiast titles for $1.2 billion.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Siri versus Hawaiian pidgin (video)
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook