After two decades as a division of Atlantic Media, GovExec is going independent. Atlantic Media owner David Bradley has sold a controlling stake in Government Executive Media Group (GEMG), a portfolio of media brands serving the public sector, to Growth Catalyst Partners, a Chicago-based private equity firm. Terms of the deal have not been disclosed. Following the sale, Peter Goldstone, a veteran B2B media exec who was CEO of Hanley Wood from 2012 to 2018 and served as president of GEMG from 2010 to 2012, will rejoin the company as chairman, while Bradley will maintain a minority stake in the company as well as a seat on the board. Included in the deal are all four of GEMG's brands—its flagship, Government Executive, as well as Defense One, Nextgov and Route Fifty—all of which serve government professionals at the federal, state or local level. An Atlantic Media rep tells Folio: that all current staffers at GEMG, including its management team, CEO Tim Hartman, president Connie Sayers and editor-in-chief Tom Shoop, will remain in place after the sale. A middle-market private equity firm founded in 2015 by Scott Peters and Jim Tenbroek, Growth Catalyst Partners says it specializes in information, marketing, and "tech-enabled services" businesses. Its portfolio includes CyberRisk Alliance, the B2B media firm founded in 2018 by Doug Manoni, the former CEO of both SourceMedia and Wicks Business Information. In a statement, Peters called GEMG an ideal investment for the firm,... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-03-17 14:43:03 UTC ]
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Booktrust will retain its existing government grant for bookgifting schemes for the next two... Continue reading at The Bookseller
[ The Bookseller | 2012-11-30 00:00:00 UTC ]
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McGraw-Hill has signed an agreement to sell its education business, McGraw-Hill Education, to investment firm Apollo Global Management for $2.5 billion. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2012-11-29 00:00:00 UTC ]
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One of the biggest-selling hardback books in the UK has topped the Kindle chart, selling for just... Continue reading at The Bookseller
[ The Bookseller | 2012-11-26 00:00:00 UTC ]
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CHARLOTTE, N.C., Nov. 16, 2012 (GLOBE NEWSWIRE) -- American City Business Journals, the nation's largest print and online publisher of local business news, has acquired Streetwise Media, a Boston-based digital media company that uses a community ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-11-16 00:00:00 UTC ]
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A leading retail m.d. has said the government must "address the Amazon problem" in... Continue reading at The Bookseller
[ The Bookseller | 2012-11-15 00:00:00 UTC ]
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Group sales at W H Smith were down 4% like-for-like in the first 10 weeks of its new financial... Continue reading at The Bookseller
[ The Bookseller | 2012-11-14 00:00:00 UTC ]
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France has demanded the repayment of £160 million in unpaid tax from Amazon it has been... Continue reading at The Bookseller
[ The Bookseller | 2012-11-14 00:00:00 UTC ]
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Ziff Davis valuation is way up in the clouds. The tech-centric publisher has been sold to j2 Global, Inc., a business cloud services company, for $167 million, the companies announced today. The cash purchase is expected to yield j2 $60 million in 2013 revenues, said officials. Formerly a... Continue reading at AdWeek
[ AdWeek | 2012-11-13 00:00:00 UTC ]
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In what could presage a foundational shift in the online advertising landscape, Federated Media Publishing will shut down its direct sales business, i.e. the division charged with selling standard display ads. On Thursday afternoon (Nov. 8) the company began informing employees that it would... Continue reading at AdWeek
[ AdWeek | 2012-11-09 00:00:00 UTC ]
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The PBS Off Book series interviews creators and collectors about their favorite analog formats. Continue reading at The Atlantic
[ The Atlantic | 2012-11-07 00:00:00 UTC ]
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Rupert Murdoch's News Corp. has expressed interest in buying book publisher Penguin Group, potentially undermining merger discussions between Penguin and Random House, people familiar with the situation said. Continue reading at AllThingsD
[ AllThingsD | 2012-10-29 00:00:00 UTC ]
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Kensal Rise Library will be sold for flats, after its owner, All Souls College, Oxford, decided... Continue reading at The Bookseller
[ The Bookseller | 2012-10-26 00:00:00 UTC ]
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An online book discussion forum is the latest venture from the triborough library services in... Continue reading at The Bookseller
[ The Bookseller | 2012-10-25 00:00:00 UTC ]
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10 facts about media and content industries 1. Digitization has increased book sales. Expenditure on electronic books almost doubled each year in 2006-2010 but still amounts to only 3% of global book sales. Forecasts however predict that reve ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-10-25 00:00:00 UTC ]
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Yesterday will not be remembered as a great day in Google's history. As well as the vertiginous stock slide, which sliced 9% off its share value before trading was halted for a couple of hours, the search engine firm threatened war with the French media. L'horage dans le teacup is over a... Continue reading at Fast Company
[ Fast Company | 2012-10-19 00:00:00 UTC ]
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Active Interest Media (AIM) and Restore Media have agreed to partner in production of their historic home and building brands, the companies announced today. AIM Continue reading at Folio Magazine
[ Folio Magazine | 2012-10-09 00:00:00 UTC ]
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Trade publishing represents a "counter intuitive" opportunity for private investors, at... Continue reading at The Bookseller
[ The Bookseller | 2012-10-08 00:00:00 UTC ]
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Individual donors including Christopher Foyle, Joanna Trollope, ebook site Bilbary, Cherie Blair... Continue reading at The Bookseller
[ The Bookseller | 2012-10-08 00:00:00 UTC ]
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Evelyn Webster, executive vice president of Time Inc's lifestyle group, has denied long-running speculation that the company is considering the sale of the UK magazine unit, which houses titles such as NME, Marie Claire and Look, confirming "IPC is not being sold". Continue reading at Media Week
[ Media Week | 2012-10-02 00:00:00 UTC ]
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Bestselling author Sir Terry Pratchett has set up his own multimedia production company,... Continue reading at The Bookseller
[ The Bookseller | 2012-10-01 00:00:00 UTC ]
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