Post by Chicago Astronomer - Astro Joe on Feb 13, 2006 23:31:59 GMT -6
Sky Publishing Completes Sale to New Track Media LLC
Sky & Telescope magazine becomes cornerstone
of newly formed media company
Cambridge, MA — Sky Publishing Corporation, the privately held publisher of astronomy periodicals and books, announced today that it has completed the sale of its business to New Track Media LLC, an entity formed in the fall of 2005 by Stephen J. Kent and Boston Ventures. Terms of the transaction were not disclosed.
Sky Publishing Corp. was founded in 1941 by Charles A. Federer Jr. and Helen Spence Federer, the original editors of Sky & Telescope magazine. Sky & Telescope is the world's most respected astronomy magazine, serving amateur astronomers around the globe. In addition to Sky & Telescope and SkyandTelescope.com, the company publishes Night Sky magazine (a bimonthly for beginners with a Web site at NightSkyMag.com), two annuals (Beautiful Universe and SkyWatch), as well as books, star atlases, posters, prints, globes, and other fine astronomy products. For New Track Media, which is based in Cincinnati, Sky represents its first transaction in a broader plan that calls for building a portfolio of consumer enthusiast properties, not all science-related, and largely through acquisition.
Story here: skyandtelescope.com/aboutsky/pressreleases/article_1677_1.asp
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Anybody have any insights/experience on the new owners?