Hour Media Acquires Six More Florida-Based Lifestyle Magazines

Palm Beach Media Group, a subsidiary of regional mag publisher Hour Media Group, has acquired Ft. Lauderdale-based Gulfstream Media group and its portfolio of local luxury lifestyle titles, the company announced. Included in the deal are Gold Coast, Boca Life, The Palm Beacher, Jupiter, Stuart and Florida Home & Garden magazines, as well as FortLauderdaleDaily.com. They'll join a Palm Beach Media portfolio that includes Palm Beach Illustrated, Naples Illustrated and Florida Design, which the company acquired in July. Terms of the transaction were not disclosed. In a statement, Hour Media CEO John Balardo called the magazines "an ideal complement to our current roster of lifestyle and custom publications for the Florida market and our broader national footprint.” "We see great synergies in this transaction," he told Folio: in an email. "We already have a significant presence in the Florida market and in particular Southeast Florida. We publish more magazines in Florida than any other publisher." As a result of the acquisition, The Palm Beacher will be merged into Palm Beach Illustrated, and some positions will be eliminated, Balardo said. "We are retaining most of the employees, however, there was some duplication in a couple of sales and production positions," Balardo told Folio:. Headquartered in Troy, Mich., where its cornerstone Hour Detroit has been publishing since 1996, Hour Media says it now publishes more than 150 regional magazines with over 350 staffers in... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2019-12-11 18:23:16 UTC ]
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At Dealmakers Summit, Execs Imagine the Media Company of the Future

Expect much higher capital expense costs and much greater need for in-house digital development skill. Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-05 00:00:00 UTC ]
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Media Dealmakers Summit: "The Web Is Dead"

New York--There was a question during the morning session today at the Media Dealmakers Summit that crystallized what a lot of people are thinking about the future. "Are tablets and e-readers the future of media?" For George F. Colony, CEO of Forrester Research, the answer was simple: "Yes.... Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-04 00:00:00 UTC ]
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Earthscan acquired by Taylor & Francis

Written By: Charlotte Williams Environmental publisher Earthscan has been bought by international academic publishing group Taylor & Francis following a process brokered by mergers and acquisitions specialists Bertolli Mitchell. The deal was completed on Monday [31st February]. read more Continue reading at The Bookseller

[ The Bookseller | 2011-02-03 00:00:00 UTC ]
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Michael Joseph acquires Stacey Solomon

Written By: Charlotte Williams Michael Joseph has acquired rights in "X Factor" finalist and "I'm a Celebrity, Get Me Out of Here!" queen Stacey Solomon's autobiography. Katy Follain, Michael Joseph non-fiction publisher bought British Commonwealth including Canada, serial, audio and ebook... Continue reading at The Bookseller

[ The Bookseller | 2011-02-03 00:00:00 UTC ]
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Hodder acquires teen paranormal romance trilogy

Written By: Charlotte Williams Hodder Children's Books has acquired a teen paranormal romance trilogy, written by debut author and Random House adult fiction publicist Ruth Warburton. Senior editorial manager for fiction at Hodder Children's Sara O'Connor acquired world rights for a five-figure... Continue reading at The Bookseller

[ The Bookseller | 2011-02-03 00:00:00 UTC ]
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Octopus acquires CarbLovers diet title

Written By: Katie Allen Octopus has acquired a new diet book which extols the virtues of eating pasta, bread, potatoes and pizza. Octopus publishing director Stephanie Jackson acquired UK and Commonwealth rights to The CarbLover's Diet with Tom Mifsud and Steve Sandonato of Time Home... Continue reading at The Bookseller

[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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Essex libraries: hours cut but no closures

Written By: Benedicte Page Essex county council has vowed not to close any of its libraries, or to cut back its mobile library destinations. But consultation is to begin next month on proposals to reduce opening hours to 54 of its 73 libraries. Jeremy Lucas, cabinet member for heritage, culture... Continue reading at The Bookseller

[ The Bookseller | 2011-02-01 00:00:00 UTC ]
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Hearst To Buy Lagardere Magazine, Digital Units for $889 Million

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[ Folio Magazine | 2011-01-31 00:00:00 UTC ]
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Media Decoder: Hearst Makes Offer For Elle, Other Lagardère Titles

After a month of negotiations, Hearst has made an offer to buy 102 magazine titles from the French publisher. Continue reading at The New York Times

[ The New York Times | 2011-01-31 00:00:00 UTC ]
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Hearst pays €651m for Lagardère magazine business

Hearst Corporation has made a "binding offer" of €651m (£559m) for Lagardère's international magazine business, which includes a licensing agreement for fashion magazine Elle. Continue reading at Media Week

[ Media Week | 2011-01-31 00:00:00 UTC ]
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Now Public, Demand Media Has Bigger Market Cap Than NYT

Demand Media started trading on the New York Stock Exchange this week, making it one of the first IPOs of 2011 and certainly one of the largest media IPOs that will be seen all year. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-27 00:00:00 UTC ]
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Summit Business Media To File for Chapter 11

Summit Business Media has joined the ranks of publishers seeking to reorganize and slash debt through a voluntary Chapter 11 bankruptcy. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-26 00:00:00 UTC ]
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Paste Returns? Music Mag Acquired, Set to Relaunch as Digital Edition

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[ Folio Magazine | 2011-01-26 00:00:00 UTC ]
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Media Decoder: TED Starts an E-Books Line

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[ The New York Times | 2011-01-26 00:00:00 UTC ]
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Survey: Organic Growth, New Devices To Have Biggest Impact On Media Over Next Two Years

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[ Folio Magazine | 2011-01-24 00:00:00 UTC ]
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For Publishers, Who Are the Gatekeepers of Social Media?

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[ Folio Magazine | 2011-01-20 00:00:00 UTC ]
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Hachette to close teen magazine Sugar after 16 years

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[ Media Week | 2011-01-19 00:00:00 UTC ]
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Oxford Media Convention: Trinity Mirror's Sly Bailey on the 'need to educate' Hunt

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[ Media Week | 2011-01-19 00:00:00 UTC ]
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