Saturday, May 27, 2017

Emmis Publishing Acquires Orange Coast Magazine

OrangeCoastT-webEmmis Publishing L.P., a wholly owned subsidiary of Emmis Communications Corporation (NASDAQ: EMMS), announced that it has purchased Orange Coast Kommunications, Inc., the publisher & market-leader Orange Coast magazine, from Ruth Ko. No purchase price was disclosed.

“Orange Coast magazine is a dominant, well-established publication that has served Orange County, California, extremely well since 1974,” said Gary Thoe, president of Emmis Publishing. “As the leading magazine in the market, it boasts strong readership and a dominant market position. We think there are some interesting possibilities that exist with our ownership of Los Angeles magazine and Tu Ciudad Los Angeles that make this acquisition particularly intriguing. We are very excited about the future.”  Read more...