Penguin Random House will sell Fodor’s Travel to Internet Brands, a Los Angeles-based online media and technology company that owns FlyerTalk.com and Wikitravel.org. Terms of the transaction were not disclosed, and deal is expected to close shortly. Fodor’s will become part of Internet Brands’ consumer Home/Travel group, though PRH, which acquired the 80-year-old company in 1986, will continue to sell and distribute Fodor’s print guides to the book trade on behalf of Internet Brands. As Fodor’s was integrated into a division containing PRH Audio and Living Language, publisher Amanda D’Acierno and publicity director Katie Punia “very much continue with us”, according […]
