SugarCRM buys W-Systems from Gannett
SugarCRM has bought W-Systems, a CRM and marketing automation solutions and services provider, from Gannett.
New Jersey-based W-Systems, a division of Gannett’s UpCurve, is Sugar’s North America Reseller of the Year in 2020 and one of the company’s largest global implementation partners.
With the acquisition, Sugar is expanding its ability to meet implementation service demand for its time-aware, AI-powered sales, marketing and service software, says a news release from Sugar.
“We are excited to have the team at W-Systems, with their deep expertise and dedication to customer success, join Sugar to help fuel our continued growth in the North America region,” said Craig Charlton, CEO of SugarCRM.
Based in Silicon Valley, SugarCRM is backed by private equity firm Accel-KKR.
Gannett sells BridgeTower Media to Transom Capital
Gannett has sold BridgeTower Media to private equity firm Transom Capital Group. BridgeTower is a provider of B2B information, research, events and marketing solutions in more than 25 U.S. markets and industries.
BridgeTower Media is a business media and marketing platform providing content within the legal, business, construction, legislative, pet retail and home furnishings sectors through more than 40 print and digital brands, says a news release on the buy.
BridgeTower provides subscribers with content relevant to their daily professional activities and has a research unit focused on employee satisfaction, lead generation services and live events centered on awards and education.
BridgeTower was previously a stand-alone, B2B
Colorado Community Media buys Colorado papers
Jerry Healey announced Oct. 29 that he has closed a deal with Landmark Community Newspapers to buy all of their Colorado weekly papers and companion websites. Prior to the acquisition, Colorado Community Media already owned and operated 17 weekly and two monthly papers in the greater Denver area.
New Mexico-based media merger firm Dirks, Van Essen & April represented Landmark in the transaction. Terms of the deal were not disclosed.
The papers acquired are the Brighton Standard Blade, Fort Lupton Press, Commercial City Sentinel Express, Metro Advertiser, Canyon Courier, Clear Creek Courant and 285 Hustler. “It is with mixed feelings that we sold this group of newspapers which our company has owned for many years,” said Michael Abernathy, president of Landmark Community Newspapers. “In today’s challenging times, we came to the decision that the communities we serve and our employees in the Denver area.
Thrive magazine will stop publishing
Thrive magazine will stop publishing, The Courier-Tribune (Asheboro, North Carolina) reported.
Gannett owns the magazine and The Courier-Tribune.
The cancellation is not related to COVID-19, the paper said. “It's more about changing roles and goals in the newspaper industry,” the story said.
“More simply put, print publications are very expensive to produce, especially magazines. I will miss producing not only Thrive, but our regional groups' other two magazines — Davidson Living and Alamance Living,” said Jill Doss-Raines, who wrote the story on the cancellations.
Twin Cities weekly City Pages shuts down
Twin Cities free weekly City Pages is shutting down, owner Star Tribune Media announced Oct. 28.
The weekly has been operating for 41 years.
Thirty people will lose jobs. Affected employees will get severance packages, the company said.
“For more than 40 years, City Pages has been a go-to source for coverage of the Twin Cities arts, culture, politics, entertainment, and dining scenes,” said a statement from the company. “However, despite its strong presence and brand, months of quarantines, restrictions, and closures arising from the COVID19 pandemic have disrupted the restaurants, clubs, theaters, museums, and other venues that form the core of City Pages’ revenue.”
“City Pages is dead. We had a good run,” read a headline in the paper.
41 North Media buying Nantucket paper from Gannett
41 North Media is buying The Inquirer and Mirror (Nantucket, Massachusetts) from Gannett, the paper reported.
The sale was expected to close on Nov. 1.
The sale returns the paper to local ownership.
“This is great news,” editor and publisher Marianne Stanton said, the paper reported. “Although our corporate parents have largely been ‘hands-off ’ with our operations, I’ve always thought that the newspaper would be in the best long-term position with local ownership.
Ex-owner of St. Louis Magazine files for bankruptcy
Ray Hartmann, ex-owner of alternative paper the Riverfront Times and a former owner of St. Louis Magazine, has filed for bankruptcy, the St. Louis Post-Dispatch reported.
Hartmann and his wife have assets of about $65,000 and creditors who are owed more than have $1 million, according to the filing, says the paper.
Hartmann said he made “one really big catastrophic commercial real estate investment,” the paper said.
New weeklies in South Carolina
Andrew O'Byrne Sr. and Andrew O'Byrne Jr. have started two weekly papers, one for Bamberg County and the other for eastern Orangeburg County (South Carolina), The Times and Democrat (Orangeburg) reported.
The papers will be named the Bamberg County Leader and the Orangeburg Leader.
The launch of the papers comes after the shuttering of the Bamberg Advertizer-Herald, the Holly Hill Observer and the Santee Striper.
The O'Byrnes also own The Calhoun Times Leader, the Wagener-based Aiken Leader and the Kershaw-based Kershaw News-Era, the paper says.
Powder, Snowboarder, Bike, Surfer shut down
Powder, Snowboarder, Bike andSurfer are shutting down, according to film/media company Teton Gravity Research. A360 Media owns the publications.
The company hasn’t put out a statement, but Powder magazine had a posting on its website.
“On October 2, we were notified by our parent company A360 Media, LLC (formerly American Media, LLC) that our entire editorial staff will be placed on indefinite furlough, effective November 20, 2020, when operations of the magazine, our website, and our social channels will be paused. We do not know if or when this hiatus will end,” it said.
Enthusiasts have followed the action sports magazines in some cases for generations, said Teton Gravity Research.
North Equity buys Popular Science, other titles from Bonnier
North Equity, a digital media venture equity firm, has acquired a number of media brands from Bonnier Corporation. The acquisition includes Popular Science, Popular Photography, Saveur, Outdoor Life, Field & Stream, Better You and Interesting Things.
The additions complement North Equity’s home platform, where Saveur will join BobVila.com and Kitchenistic to form a new food category. They will also create a new specialty media vertical under Popular Science and Popular Photography and expand North’s growing footprint in the military, tactical and outdoor verticals, where it recently added Task & Purpose.
“Since inception, the North team has proved our ability to acquire, reimagine and profitably grow media brands,” said Andrew Perlman, North Equity managing partner. “We have accomplished this by working with the teams at each brand to deliver high-quality, meaningful content and build innovative, sustainable business models.”
North is based in Miami with offices in San Francisco and New York. Bonnier is owned by Sweden-based Bonnier AB.
Pocket Outdoor Media acquires Big Stone Publishing
Pocket Outdoor Media, creator of active lifestyle content, has acquired Big Stone Publishing, the longtime publisher of Rock & Ice, Trail Runner andGym Climber magazines and websites.
The BSP brands join POM’s existing stable of active lifestyle brands: Climbing, Backpacker, Women’s Running, Triathlete, Yoga Journal, Clean Eating, VeloNews, SKI and Warren Miller Entertainment, among others.
“This acquisition significantly strengthens our ability to engage with outdoor enthusiasts across all of the seasons and sports that live at the intersection of adrenaline and adventure,” said Robin Thurston, CEO of Pocket Outdoor Media.
The company's Active Pass membership program recently launched for its endurance brands, featuring benefits that include a wide range of premium content, VeloPress books, magazine subscriptions, Roll Massif event access, and training plans through a strategic partnership with Today’s Plan. The membership program will roll out across the entire POM network in the coming months with content and benefits from the new acquisitions included.
Pocket Outdoor Media is headquartered in Boulder, Colorado, with offices in San Diego and Toronto.
209 Multimedia buys Morris Newspapers of California
The Turlock Journal, Manteca/Ripon Bulletin, Oakdale Leader, Ceres Courier, Escalon Times, Riverbank News and 209 Magazine are under new ownership, the Turlock paper reported.
Hank and Kelly Vander Veen have bought the Morris Newspapers of California (MNC) publications through their company, 209 Multimedia.
Hank Vander Veen has been group publisher of MNC for nearly ten years, said the paper. Previously he spent 25 years with McClatchy
“I firmly believe that local community news organizations remain vital to our democracy as the trusted local source for news and information. I am committed to fostering that environment while meeting the needs of all of our dedicated advertisers and subscribers,” said Hank Vander Veen.
The paper are printed at a company facility in Manteca. All current staff will move to the new company, says the paper.