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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VitalSource acquires Acrobatiq assets

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[ The Bookseller | 2018-09-07 00:00:00 UTC ]
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AC Business Media Sold to Private Equity

Anil Narang and Carl Wistreich—chairman and CEO, respectively, of AC Business Media—have sold their majority stake in the Wisconsin-based trade magazine publisher to Florida-based private equity firm Boyne Capital, the two sides announced Thursday. Concurrent with the sale, former Grand View... Continue reading at Folio Magazine

[ Folio Magazine | 2018-08-31 00:00:00 UTC ]
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Media blasts 'Scamazon' as e-retailer claimed to pay just £38m in business rates

Amazon pays only £38m a year in business rates in England and Wales, a Daily Mail investigation has found, while enjoying soaring turnover. Continue reading at The Bookseller

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Davler Media Acquires Another Local Parenting Magazine

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Business management tools: A how-to guide for media companies

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American Media Inc. Acquires Bauer’s Celeb and Teen Titles

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Group C Acquires Three More Titles; Grand View Media’s Breakup Nears Completion

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International Publishing Group Future Acquires NewBay Media

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Cottage Door Press to Acquire Parragon Assets

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Print Is Still Big Business in Magazine Media

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Former SouthComm CEO Starts New Company, Acquires Three Magazines

Chris Ferrell's newly formed Endeavor Business Media acquires Grand View's Process Flow Network, says more deals are on the horizon. The post Former SouthComm CEO Starts New Company, Acquires Three Magazines appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-01-23 00:00:00 UTC ]
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AMI Acquires Men’s Journal from Wenner Media

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Northstar Travel Group Acquires Schneider Publishing Assets

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Hour Media Group Acquires Emmis Magazines for $6.5 Million

Personnel changes hit Los Angeles Magazine as new owners lay off publisher, EIC. The post Hour Media Group Acquires Emmis Magazines for $6.5 Million appeared first on Folio:. Continue reading at Folio Magazine

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S&S to Acquire Adams Media

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William Morris Endeavor Acquires RWSG

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CGI Acquires RunHaven Digital Assets

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Traders Magazine Acquired by Markets Media

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