Maxim owner explores sale

THE US version of men’s magazine Maxim has been put up for sale by its private equity owners Alpha Media Group, following falling circulation.

Maxim, which closed its UK print edition in 2009 but still sells around 2m issues per edition in the US, has different owners in the two countries.

The US magazine, which was founded in 1998, is owned by private equity firm Alpha Media Group. “Maxim constantly evaluates its position in the market and has decided now is the optimal time to entertain strategic relationships and offers,” the firm said.