NewBay Media acquires Intent Media

Posted on: 12/06/12

New York—NewBay Media has acquired U.K.-based Intent Media, which produces business publications, websites and events within the entertainment, technology and leisure markets. Financial terms of the deal were not disclosed.

American City Business Journals acquires local news sites for young professionals

Posted on: 11/19/12

Charlotte, N.C.—American City Business Journals, which publishes weekly business journals in 40 cities and operates more than 45 business news websites, has acquired Boston-based Streetwise Media. Streetwise operates two websites ...

Possibility of USPS eliminating Saturday delivery has publishers seeking alternatives

Posted on: 11/02/12

The U.S. Postal Service loses billions of dollars every quarter and hit its $15 billion borrowing limit from Congress for the first time this year. Postmaster General John Potter has been saying for years that one way for the struggling organization to save a whole lot of money is to deliver mail...

ABM forecasts postal rates for periodicals will increase 2.56% in 2013

Posted on: 10/19/12

New York—American Business Media is projecting that periodicals will face a 2.56% increase in postal rates next year.

TheStreet buys The Deal for $5.8M, combines marketing, news operations

Posted on: 10/05/12

The recent acquisition of The Deal should help bolster TheStreet's subscription services as the financial media company faces growing competition from ad-driven websites.

Summit Business Media creates Customer Solutions Group

Posted on: 10/04/12

New York—Summit Business Media, which covers the insurance, financial services, legal and investment advisory markets, announced the creation of a Customer Solutions Group.

TheStreet acquires The Deal

Posted on: 09/13/12

New York—Financial media company TheStreet has acquired The Deal from private equity company Wasserstein & Co. for $5.8 million in cash.