OC Magazine Bought
Emmis Publishing announced this morning that it has purchased Orange Coast Kommunications, Inc., publisher of 33-year-old Orange Coast magazine.
This should be excellent news. Among it's media (radio, television, books and magazines) empire, Emmis owns one of the nation's longtime, superior regional magazine: Texas Monthly. Earlier this month, Emmis Chairman and CEO Jeff Smulyan announced first quarter net revenue of $87.3 million.
Terms of the Orange County deal were not disclosed, but Ruth Ko--the previous owner of the local magazine--said in a statement that she is "thrilled" by the move. "This acquisition is a testament to the creative talents and business skills of my superb team," Ko said.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you'll never miss OC Weekly's biggest stories. Every week we collect the latest news, music and arts