Thursday, October 23, 2014

Chicago Tribune Media Group Acquires Naperville Magazine

Naperville_Tombstone_web

April 15, 2010 – Dan Denton, who sold Gulfshore Media to CurtCo Publishing in 2004, has bought back two of his old titles: Sarasota and Gulfshore Life.  A CurtCo representative stated that the company is divesting the regional titles to concentrate on their growing title, Robb Report.
Denton formed Gulfshore Media LLC as part of the acquisition, but also has Florida Home Media LLC, which houses his Homebuyer magazines brand in addition to Orlando Home & Leisure.  The Homebuyer brand includes Jacksonville, Naples/Fort Myers, Orlando, Tampa Bay, and Sarasota editions.  Denton will continue to operate the business out of the Naples and Sarasota headquarters.
Regional Media Advisors represented Denton and Gulfshore Media in the deal.
CHICAGO, Jan. 11, 2011 /PRNewswire/ -- Chicago Tribune Media Group today announced the acquisition of Naperville Magazine from Oster Communications LLC.  Naperville Magazine was launched in 2005 and is a controlled distribution, monthly publication with a circulation of 30,000.  With a focus on health, fitness, style, restaurant reviews and home features, it is the premier community lifestyle magazine dedicated specifically to Naperville area. 

"We are thrilled to be part of the Chicago Tribune Media Group.  The synergies we will generate will drive more value and service to the Naperville community," said Leah Rippe, Publisher of Naperville Magazine.
Leah will report to Rich Gamble, who adds Naperville Magazine to his current responsibilities as Publisher & General Manager of Chicago magazine. "This is a great addition to our portfolio," said Gamble.  "We're excited to extend our reach in this important suburban area.  Naperville is a great complement to our existing offerings and provides new targeted solutions for our advertisers looking to reach an affluent, educated and active audience." 
The transaction was brokered by Regional Media Advisors. 
 
About Chicago Tribune Media Group
Chicago Tribune Media Group is a media and business services company that publishes the Pulitzer Prize-winning Chicago Tribune.  CTMG also produces related print and interactive media serving Chicagoland, including RedEye, Hoy, Chicago Magazine, TribLocal, TheMash, chicagotribune.com, chicagonow.com, chicagoshopping.com and metromix.com.  Reaching 4.8 million adults each week in the greater Chicago area, CTMG is the leading news and information destination in Chicagoland. 

 

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