Seattle Magazine Acquired By Local Entrepreneur

Seattle magazine is coming home. The 54 year-old monthly has been acquired by local entrepreneur Jonathan Sposato, co-founder and chairman of the tech site GeekWire.com and the online photo editing service PicMonkey, he announced Monday. Terms of the deal were not disclosed. The seller, Minnesota-based regional magazine publisher Tiger Oak Media, which has owned the magazine since 1999, filed for Chapter 11 bankruptcy protection last October, reporting at least $2 million in debt owed to vendors and other creditors. In a statement, Sposato, who grew up in nearby Edmonds, Wash. and began his career at Microsoft, said he plans to invest in the publication's digital presence and expand its editorial team, including adding "multiple new hires immediately." “All the great ideas from Seattle end up influencing the rest of the world, and it’s time we defined ourselves with more swagger as the world class city we’ve become," he said. "Seattle magazine will become the richest source of untold and provocative stories that shape this incredibly diverse and culturally rich city." Seattle magazine traces its roots back to Pacific Search, the natural science journal launched by Harriet Bullitt, daughter of King Broadcasting Co. founder Dorothy Bullitt, in 1966. The publication was renamed Pacific Northwest in 1980, gradually expanding its lifestyle coverage and earning a General Excellence nomination at the National Magazine Awards in 1982. It changed hands three times in the two... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-03-02 22:55:02 UTC ]
News tagged with: #great ideas #changed hands #tiger oak #print side #magazine publisher

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News Corp’s Plan To Acquire Houghton Mifflin’s Trade Division

HarperCollins parent News Corp's intended acquisition of HMH Books & Media raises, for some, new concern about consolidation. The post News Corp’s Plan To Acquire Houghton Mifflin’s Trade Division appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-31 15:40:39 UTC ]
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HarperCollins will acquire the trade division of Houghton Mifflin Harcourt for $349 million.

Only three months after the high-profile merger of Penguin Random House and Simon & Schuster, The New York Times reported earlier this morning that HarperCollins, one of publishing’s “Big Five,” will acquire Houghton Mifflin Harcourt Books and Media—Houghton Mifflin Harcourt’s trade... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-29 14:25:08 UTC ]
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HarperCollins to Acquire HMH Trade

The second largest trade publisher in the U.S. will buy Houghton Mifflin Harcourt Books & Media, generally considered the sixth largest, for $349 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-29 04:00:00 UTC ]
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Embla Books acquires 'laugh-out-loud' debut in first deal

Bonnier Books UK's new digital-first imprint Embla Books has bought Laura Starkey's debut, Rachel Ryan’s Resolutions, as its first acquisition.  Continue reading at The Bookseller

[ The Bookseller | 2021-03-22 11:15:26 UTC ]
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Springer Nature Acquires Paris’ Open Access Atlantis Press

Atlantis Press, a French publisher of conference proceedings, is bought by Germany's Springer Nature, which adds to its portfolio a platform that sees 1.5 million downloads monthly. The post Springer Nature Acquires Paris’ Open Access Atlantis Press appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-11 19:04:34 UTC ]
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HCG acquires three-book series from Chan

Hachette Children's has acquired world rights to a new series from British Chinese author M Chan. The Tiger Warrior series is billed as a "thrilling" action-adventure series for children aged five to seven, steeped in East Asian folklore and mythology.  Continue reading at The Bookseller

[ The Bookseller | 2021-03-03 13:52:03 UTC ]
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Astra Publishing House is launching an international literary magazine.

Astra Publishing House has announced they are launching a new literary magazine, Astra Quarterly, which will start publishing online this fall and in print by the end of 2021. Astra Quarterly will have a strong international focus; it will have an international network of editors, and be... Continue reading at Literrary Hub

[ Literrary Hub | 2021-02-26 16:54:13 UTC ]
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Denmark’s Saga Egmont Acquires Mexico’s Cuántica Activa Audiolibros

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[ Publishing Perspectives | 2021-02-25 16:24:32 UTC ]
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Tinder Press acquires 'breathtaking literary page turner' from Owen

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[ The Bookseller | 2021-02-25 00:05:34 UTC ]
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Black & White acquires first book from GBBO winner Peter Sawkins

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Chicago company acquires San Mateo-based QuanticMind

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[ Silicon Valley Business Journal | 2021-02-24 22:49:15 UTC ]
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Local news could disappear if Canada doesn't stand up to tech giants, Winnipeg newspaper publisher says

Days after Canada pledged to make Facebook pay for news content amid an ongoing media battle with tech giants, a Winnipeg newspaper publisher is warning local news could be in trouble if the government doesn’t take bold action. Continue reading at CBC

[ CBC | 2021-02-21 22:04:21 UTC ]
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RBMedia Acquires Spain's Booka

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Firefly Press acquires detective tale with hard of hearing protagonist

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15 new books to get from your local indie this week.

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[ Literrary Hub | 2021-02-09 13:30:25 UTC ]
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Gallic Books acquires Carey's 'magnificent' lockdown drawings

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Hodder acquires Gannon's manifesto for staying human on the internet

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Coronet acquires Morley's 'in-depth and candid' account of Nilsen interviews

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Shamrock Capital Acquires Bayard Advertising

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