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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Urbanite magazine seeks investor to expand digital platform

Publisher says monthly is not for sale or going out of businessThe publisher of the Urbanite, a free monthly magazine focused on Baltimore urban affairs, said Wednesday she was seeking an investor to help the publication expand its digital media offerings. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-05-24 00:00:00 UTC ]
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Yasmin acquires for Telegram

The winner of this year’s Kim Scott Walwyn Prize, Rukhsana Yasmin, has acquired a debut... Continue reading at The Bookseller

[ The Bookseller | 2012-05-23 00:00:00 UTC ]
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Accent Press acquires celeb bake book

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[ The Bookseller | 2012-05-17 00:00:00 UTC ]
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Pearson acquires Certiport

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[ The Bookseller | 2012-05-16 00:00:00 UTC ]
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Los Angeles Times Shutting Down LA Magazine

The Los Angeles Times is shutting down its monthly Sunday magazine, LA. The last issue will be June 3rd and the closure comes after attempts to recast the publication through frequency reductions, management shifts and editorial change-ups. Continue reading at Folio Magazine

[ Folio Magazine | 2012-05-16 00:00:00 UTC ]
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Time magazine breastfeeding cover: A shocking 'stroke of genius'

Time magazine's breastfeeding cover story asks: "Are You Mom Enough?" But it might as well ask: "Who Says Print Is Dead?" Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-05-11 00:00:00 UTC ]
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Future Launches Weekly Digital Cycling Magazine

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[ Folio Magazine | 2012-05-11 00:00:00 UTC ]
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Bobit Business Media Acquires Newport Business Media

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[ Folio Magazine | 2012-05-02 00:00:00 UTC ]
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Wired, Nat Geo Win 2012 Webby Awards for Magazine Site Category

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[ Folio Magazine | 2012-05-02 00:00:00 UTC ]
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Bloomberg Businessweek goes magazine-y on the iPhone

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[ Editor & Publisher | 2012-04-12 00:00:00 UTC ]
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Local Media Association and California Newspaper Publishers Association Form Strategic Partnership

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[ Editor & Publisher | 2012-04-11 00:00:00 UTC ]
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Hearst Magazines launches women's quarterly

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[ Media Week | 2012-04-11 00:00:00 UTC ]
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YouTube Co-Founders Silently Introduce Magazine Publishing App, Zeen

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[ Editor & Publisher | 2012-04-09 00:00:00 UTC ]
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ASME Announces 2012 National Magazine Awards Finalists

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[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
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Harvill Secker acquires The Mouse-Proof Kitchen

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[ The Bookseller | 2012-04-03 00:00:00 UTC ]
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Fewer new magazines, fewer closures this year

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[ Crains New York | 2012-04-03 00:00:00 UTC ]
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Elle boosts magazine subscriptions with Twitter

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[ Media Week | 2012-03-30 00:00:00 UTC ]
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Octopus acquires children's publisher Ticktock

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[ The Bookseller | 2012-03-27 00:00:00 UTC ]
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[ AdWeek | 2012-03-26 00:00:00 UTC ]
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[ Crains New York | 2012-03-25 00:00:00 UTC ]
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