HEARST, CONDE NAST PLAN TO POOL DISTRIBUTION

NEW YORK -- Hearst Magazines and Conde Nast, both based here, have agreed in principle to form a new joint-venture distribution company for their magazines, which include major large-volume titles carried on supermarket checkout racks.Under the distribution alliance, Conde Nast would merge its retail and sales organization with Hearst's own distribution group. The new organization would coordinate

NEW YORK -- Hearst Magazines and Conde Nast, both based here, have agreed in principle to form a new joint-venture distribution company for their magazines, which include major large-volume titles carried on supermarket checkout racks.

Under the distribution alliance, Conde Nast would merge its retail and sales organization with Hearst's own distribution group. The new organization would coordinate the two firms' magazine titles from printing to news rack distribution. Conde Nast titl

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