Dominion Enterprises sells marine publications
EL SEGUNDO, Calif. – Active Interest Media Chairman and Chief Executive Officer Efrem “Skip” Zimbalist III has announced that the company has acquired a group of marine assets from Dominion Enterprises, adding several magazines, events and websites to its portfolio of enthusiast media. The terms of the transaction were not disclosed.
“These acquisitions allow AIM to expand our marine, consumer enthusiast and B2B portfolios with highly differentiated print, digital and event properties,” Zimbalist said in a statement.
The assets include Passagemaker and Passagemaker’s Trawlerfest events; Soundings; Soundings Trade Only; and Woodshop News.
“Soundings, Trade Only, Passagemaker and the Trawlerfest events add important dimensions to our existing shows, print, and websites in the marine industry,” Andy Clurman, AIM’s President and Chief Operating Officer, said in a statement.
The Passagemaker and Soundings staffs will remain in place in their present locations in Annapolis, Md., and Essex, Conn. The group will report to Gary DeSanctis, AIM’s Marine Group Vice President of Sales and Publisher of Yachts International, who has been promoted to Group Publisher of AIM Marine.
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