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Weekly Dig Founder to Buy Back Paper from Magazine Publisher

By AAN Staff
may 2, 2007  08:14 am
Weekly Dig Founder to Buy Back Paper from Magazine Publisher
Only a few years into its majority ownership of the Dig, Metrocorp Inc. and the paper have decided to part ways, the Herald reports. Metrocorp, which is also the publisher of Boston magazine, will sell the Dig back to founder Jeff Lawrence (pictured). "We never got a clear feeling that it was part of our DNA," says Metrocorp president David Lipson. "The Dig emerges independent with a higher circulation and greater recognition in the market, but also with more overhead, and without Metrocorp bankrolling the costs," the Herald notes. Terms of the deal were not disclosed. "Let's just say I'm not nearly as liquid a man as I was previously," Lawrence says.
View full article at Boston Herald
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