AAN News

Sale of Style Weekly Explored

As we noted yesterday, Landmark Communications, which owns both Style Weekly and Port Folio Weekly, has hired investment bankers to explore the possibility of selling the company's holdings, which include more than 100 publications and other properties, including The Weather Channel. "Although I was disappointed to hear the Battens were exploring a sale, our readers will continue to get the best of in-depth, local reporting on news, arts and culture," Style editor Jason Roop says in a press release. Publisher Lori Collier Waran concurs, noting that readers, advertisers and other business partners can expect business as usual. "We just celebrated our 25th anniversary, and we're still going strong." (FULL STORY)
Style Weekly Press Release  |  01-04-2008  11:33 am  |  Press Releases

Port Folio Weekly & Style Weekly Parent Co. May Go Up for Salenew

Landmark Communications, which owns those two Virginia AAN member papers, has hired JP Morgan and Lehman Brothers to "to assist in exploring strategic alternatives, including the possible sale of the company's businesses," Landmark's vice chairman tells the Roanoke Times. The company's 2006 sales figures were $1.75 billion, and it employs about 12,000 people at more than 100 publications and other media properties including The Weather Channel, the Times reports.
The Roanoke Times  |  01-03-2008  8:48 am  |  Industry News

WSJ Picks Best, Worst Ads of 2007new

Wall Street Journal  |  12-27-2007  10:17 pm  |  Industry News

F.T.C. Clears Google-DoubleClick Dealnew

The Associated Press via The New York Times  |  12-20-2007  4:54 pm  |  Industry News

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