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Untitled Document

Strauss still in the house!

Published: Tuesday, December 06, 2005

Daaaammm! to see an article on former BMG head Strauss Zelnick, the man who forced Clive Davis out of the top seat at Arista Records only to be canned himself brings back memories. Anyway Straus has been building a sweet portfolio of companies under his Zelnick Media company and it's a pretty sweet portfolio and it's growing.

ZelnickMedia and private equity firm Spire Capital Partners, which put up the bulk of the money, agreed to buy SkyMall from Gemstar-TV Guide for $52 million — becoming the latest acquisition in the direct-marketing industry for Zelnick. Gemstar is controlled by News Corp. --->New York Post

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