Endeavor Business Media Acquires SouthComm’s B2B Assets

Chris Ferrell, Patrick Rains and company are returning to SouthComm, Inc.—or, perhaps more accurately, SouthComm is returning to them. Endeavor Business Media—the firm launched by Ferrell just weeks after his departure from SouthComm last November as part of a "change in strategic direction" at the company—announced Monday that it has acquired SouthComm's remaining assets, including 17 trade magazines and a handful of affiliated websites and trade shows. "From the moment I left SouthComm, I set about trying to put together the resources to acquire the B2B brands when the company put them on the market," Ferrell tells Folio:. "I told the staff this morning that I have been looking forward to this day for eight months." SouthComm, which Ferrell founded in 2007 and headed as CEO until last year, had spent the last several months selling off its considerable holdings in the local alt-weekly space piece-by-piece—including the Nashville Post and Nashville Scene, the Washington City Paper, and Kansas City's The Pitch, among others—in an apparent bid to focus more on its b2b brands, which, by most accounts, were a stronger business. SouthComm's financial backer, Nashville-based VC firm Solidus, evidently felt that the shift in focus also required a shift in leadership, and Ferrell was left to form a new venture alongside former Solidus managing partner Townes Duncan and former SouthComm VP Patrick Rains, the latter of whom was named Endeavor's founding COO. [caption... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-06-26 00:00:00 UTC ]

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U.K. Publishing Spotlight: Building Bridges Between the U.K. and U.S. Book Businesses

British publishers discuss how transatlantic collaboration can boost books’ performance and the work it takes to maintain mutually beneficial relationships. Continue reading at Publishers Weekly

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Winter Institute 2024: Keynote Speakers Share Business World Wisdom

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Here’s what a $7M, 30-second Super Bowl ad can purchase in digital media in 2024

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Zibby Media Invests in Events—With a Touch of Glam

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Stephen Blake Mettee, Book Business Entrepreneur, Dies at 76

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The Morning After: Senate tells social media CEOs they have ‘blood on their hands’

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AdventureKEEN Acquires Shelter Publications

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