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The Petersen Publishing Company (located in Los Angeles) was sold in 1996 to a private equity firm who then sold it to a British media company named EMAP. In 2001 EMAP sold the Petersen magazine product line to Primedia. In 2007 Primedia sold all of its magazine line to Source Interlink Media which publishes magazines from numerous locations around the USA. The publishing team for Motor Trend and other car and motorcycle magazines, for example, is located in the Los Angeles suburb El Segundo.
Robert E. Petersen, the owner of Petersen Publishing, died in Santa Monica, California in 2007.
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