New York Press Parent Co. 'Has Defied Industry Trends'

december 7, 2009  10:37 am
"Manhattan Media has thrived as the media landscape has fragmented," Crain's New York reports. The privately-held company, which owns a stable of community weeklies and local specialty magazines, says revenue has grown fivefold since 2002 and advertising revenue for its newspapers is up this year over last. Crain's doesn't make much specific mention of the Press, which Manhattan Media purchased in 2007, except to note that "the company is still tinkering" with the alt-weekly.