Darden Media Group buys Maxim magazine

Alpha Media has sold Maxim magazine to an affiliate of Darden Media Group that is planning to distribute Maxim's content across TV, radio and music platforms, the company said Thursday evening. Terms of the deal were not disclosed.Calls to Darden Media Group were not immediately returned Thursday night, but in an interview with The Wall Street Journal, Chairman Calvin Darden said he plans to introduce a Maxim-branded TV channel and music label."Although the publishing industry has seen seismic shifts over the past several years, the opportunities to create powerful, transmedia brands that engage consumers and advertisers on multiple platforms is significantly on the rise," said Mr. Darden in a press release. "Darden Media Group has an extremely optimistic vision of the future of media, and we are looking forward to building a property that sets the gold-standard for integrated media in the 21st century."Maxim had been on the block since March, though a sale effort had been in the works since Cerberus Capital Partners took over the company in 2009. There were at least 10 other bidders for the magazine, a person close to the negotiations said. Bloomberg reported in July that bids were about $30 million.Founder Felix Dennis sold the U.S. edition of Maxim, along with Blender and Stuff magazines, to investors led by Quadrangle Capital Partners for about $250 million in August 2007. Facing economic headwinds affecting the magazine industry, they shuttered Stuff immediately and... Continue reading at 'Crains New York'

[ Crains New York | 2013-09-13 00:00:00 UTC ]
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3 Things You Need To Know About PwC’s Magazine Media Outlook

Digital growth coming, B2B magazines could strike it big in new markets. The post 3 Things You Need To Know About PwC’s Magazine Media Outlook appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-06-05 00:00:00 UTC ]
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GIE Media Buys Into Cannabis Business

Acquisition of Cannabis Business Times adds to company’s assets in horticulture segment; print magazine on the way. The post GIE Media Buys Into Cannabis Business appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-04-29 00:00:00 UTC ]
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Bonnier in Talks to Buy Men's Fitness From American Media

Bonnier Corporation, publisher of dozens of special-interest publications including Saveur and Popular Science, is in talks to buy Men's Fitness magazine from American Media Inc., according to two people with knowledge of the conversations.One person said the expected sale price is "just shy of... Continue reading at Advertising Age

[ Advertising Age | 2015-03-30 00:00:00 UTC ]
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Apollo in the Lead to Buy Digital First Media — Sources

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[ Editor & Publisher | 2015-03-17 00:00:00 UTC ]
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Management Group to Buy Peter Lang Publishing

A senior management group has agreed to acquire Switzerland-based international academic publisher Peter Lang Academic Publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-16 00:00:00 UTC ]
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Emerald Expositions Buys Shows, Magazines

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[ Folio Magazine | 2015-03-11 00:00:00 UTC ]
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Ocean Home Publisher Buys Luxury Pools Magazine

RMS Media Group adds 62,000-circ. brand to its luxe portfolio. The post Ocean Home Publisher Buys Luxury Pools Magazine appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-03-05 00:00:00 UTC ]
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Livingly Media Sells to European Publishing Group for $25 Million

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[ Folio Magazine | 2015-02-19 00:00:00 UTC ]
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Stagnito Buys Canadian Brands From Fulcrum Media

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[ Folio Magazine | 2015-02-18 00:00:00 UTC ]
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Notes on the American Magazine Media Conference

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[ Folio Magazine | 2015-02-05 00:00:00 UTC ]
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Does ‘Magazine Media’ Actually Redefine The Industry?

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[ Folio Magazine | 2015-02-04 00:00:00 UTC ]
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Complex Buys Fanboy Site Collider for Growing Media Network

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[ Advertising Age | 2015-01-23 00:00:00 UTC ]
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Recorded Books Buys Tantor Media

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[ Publishers Weekly | 2015-01-06 00:00:00 UTC ]
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Print Media Buying Has Stabilized, Agency Execs Say, But Change is Still the Watchword

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[ Folio Magazine | 2014-11-07 00:00:00 UTC ]
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Millennial Media Buys Nexage for $107 Million

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[ AdWeek | 2014-09-23 00:00:00 UTC ]
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[ Advertising Age | 2014-08-21 00:00:00 UTC ]
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Vanity Fair Publisher Moves to Condé Nast Media Group President

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[ Folio Magazine | 2014-08-21 00:00:00 UTC ]
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Penske Media Buys Fairchild Trade Titles, Including WWD

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[ Advertising Age | 2014-08-20 00:00:00 UTC ]
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I-5 Publishing Buys Say Media Pet Properties

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[ Folio Magazine | 2014-07-16 00:00:00 UTC ]
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Adams Publishing Buys Assets of Huckle Media

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[ Editor & Publisher | 2014-07-14 00:00:00 UTC ]
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