From Yahoo News:
NEW YORK, Sept. 14 /PRNewswire/ -- The Wicks Group of Companies, L.L.C. (the "Wicks Group"), a New York-based private equity firm, today announced that it has acquired, through its affiliate NewBay Media LLC ("NewBay"), certain assets of CMP Entertainment Media, Inc., CMP Media LLC and UEMedia Community Sites, Inc. (collectively "CMP" or the "Company"), serving professional and enthusiast musicians, recording professionals, sound engineers, audio and video systems installers and technology educators. The Company's assets consist of 14 magazines, eight events, numerous supplements and newsletters, custom products, and over 20 rapidly growing online properties. Major business-to-consumer titles acquired include Guitar Player, Bass Player, and Keyboard magazines; business-to-business titles include Pro Sound News, Systems Contractor News, Residential Systems, Videography, Government Video, DV, Technology & Learning and Television Broadcast magazines. Terms of the transaction were not disclosed.