Publishers Weekly has been acquired by PWxyz, LLC, anewly formed company headed by one-time PW publisher George Slowik. Theacquisition includes the Web site and Publishers WeeklyShow Daily. The new company will retain all of PW's editorial, art,and advertising employees and the magazine will remain headquartered in NewYork City. Cevin Bryerman will stay as publisher with Jim Milliot and MichaelCoffey serving as co-editors. Slowik ran PW in the late 1980s and early1990s, leading the publication to record profits despite a poor economy. JohnPoulin, CEO of PW's former owner Reed Business Information, said, "GivenGeorge's history with Publishers Weekly, we believe this will be a greatmatch."