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 ]
Time Inc. has named Jeffrey Bairstow as its new chief financial officer.The magazine publisher said Monday that Mr. Bairstow succeeds Howard Averill, who is transitioning into a new role as Executive Vice President and Chief Financial Officer of Time Warner. Mr. Bairstow is president of the... Continue reading at Crains New York
[ Crains New York | 2013-08-07 00:00:00 UTC ]
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The Mondadori Group is the leading book and magazine publisher in Italy, with a market share of 27.6% (against 26.5% in 2011). The company's publishing houses include Edizioni Mondadori, Einaudi, Piemme, and Sperling & Kupfer. Its magazine titles include Panorama and Donna moderna. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-07-19 00:00:00 UTC ]
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The magazine publisher will more than double its digital presence, by acquiring the world's biggest food site. Continue reading at AllThingsD
[ AllThingsD | 2012-01-24 00:00:00 UTC ]
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The editorial directorship at Coffee House Press may have changed hands only six months ago, passing from its founding publisher, Allan Kornblum, to longtime editor Chris Fischbach in July, but the 27-year-old Minneapolis literary nonprofit press certainly hasn’t lost any momentum during the... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-01-13 00:00:00 UTC ]
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When is five consecutive quarters of growth not enough? Right now in magazine publishing. To see real, sustained growth, there are three things every magazine publisher should do to keep readers and advertisers engaged. 1. Create Franchise Issues Continue reading at Folio Magazine
[ Folio Magazine | 2011-10-09 00:00:00 UTC ]
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