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Friday, July 24th, 1998 Media Cynic | Forum | Advertising | Classifieds | Jobs Newspaper Executives Team Up to Acquire the Dallas Shopper Weiss, Peck & Greer, L.L.C.'s Private Equity Group, in partnership with Richard L. Connor and John Coots, announced its formation of a publishing company, Lionheart Newspapers, Inc., to purchase the Dallas/Fort Worth Shoppers Guide and other community newspapers centered around Minneapolis and Dallas/Fort Worth. The properties were acquired from Minnesota Suburban Publications and Darwin Oordt, Doug Dance, and Denis Mindak. A free weekly with a circulation of 425,000, the Dallas Shopper is the second largest home-delivered print advertising vehicle in the Dallas/Fort Worth metroplex. In addition to the Dallas Shopper, Lionheart's acquisitions include the purchase of the Minnesota Sun Publications, a group of 21 free weeklies that surround Minneapolis and form the heart of the new company (circ. 280,000); the Stillwater Gazette, the oldest daily newspaper in Minnesota (circ. 4,000); and two other weekly, home-delivered shoppers, the Springfield (MO) Pennypower Shopper (circ. 140,000), and the Wichita (KS) Pennypower Shopper (circ. 140,000). million. Lionheart will be headquartered in Fort Worth, Texas. Messrs. Connor and Coots will be heading Lionheart's operations as chairman and chief executive officer and president and chief operating officer, respectively. Both men are seasoned newspaper executives who each spent over 20 years running newspapers for Capital Cities/ABC, Inc. National Geographic Teams to Publish Geographic Map CD-ROMs The National Geographic Society and consumer software publisher The Learning Company have formed a marketing alliance with Hewlett-Packard Company to launch National Geographic Maps, a collection of eight CD-ROMs that spans more than 100 years of National Geographic mapmaking and includes every foldout map published in National Geographic magazine. Mindscape, a division of The Learning Company, will market and distribute the collection, which will be available this fall for Windows 95/98 for an estimated price of $79. As the exclusive sponsor of National Geographic Maps, HP will participate in the launch of the product this fall and in follow-up promotion activities. "For more than 100 years, National Geographic maps have been an important source of geographic information for world leaders, scientists, explorers, travelers, and readers around the world," said Larry Lux, senior vice president, National Geographic Interactive. "HP, with its commitment to advancing knowledge, makes a natural partner to help us bring these maps to yet another audience -- that of the computer generation." "National Geographic Maps is the kind of product we're proud to sponsor," said Jill Kramer, brand manager for inkjet supplies at Hewlett-Packard. "We're applying our printing expertise to give people the ability to print these richly detailed, one-of-a-kind maps in vivid color or black and white." TheStreet.com Debuts on America Online TheStreet.com, Inc. and America Online announced that content from TheStreet.com is now available on America Online's Personal Finance Channel. Live chat events featuring contributors of TheStreet.com have also begun on AOL. James J. Cramer, a Wall Street hedge fund manager and co-founder TheStreet.com, will chat with AOL members this afternoon at 5 p.m. EDT to talk about the markets and celebrate the launch. Selected stories from TheStreet.com, including columns by James J. Cramer, senior financial columnist Herb Greenberg, and editor-in-chief Dave Kansas, as well as reporting on mutual funds and options, are made available to AOL members shortly after they are published on TheStreet.com. The stories can be accessed in the Portfolios and Investing Forums portions of AOL's Personal Finance Channel, and in the upcoming Active Trader section. They can also be accessed directly via Keyword: TSC, Keyword: TheStreet, or Keyword: Cramer. AOL members who wish to access the full range of TheStreet.com's premium website will receive a 20% discount on subscriptions. PriMedia Agrees to Sell Daily Racing Form PriMedia Inc. announced that it has signed a definitive agreement to sell Daily Racing Form, the 104-year-old daily newspaper of thoroughbred racing, for cash to a group of investors led by the merchant-banking affiliate of Alpine Capital Group of New York and racing journalist Steven Crist. The new owners have stated that they intend to continue publishing the Form without interruption. Alpine, founded in 1990, is a specialized investment banking firm with investments in various communications fields including radio, music, television and telecommunications; as well as the lodging and upscale child-care industries. Crist, a former New York Times reporter and columnist, was editor in chief of The Racing Times from 1990 to 1992 and vice president of the New York Racing Association from 1994 to 1997. Around the Web Downloaded a Good Book from the Internet Lately Salt Lake Tribune Flash fiction: Short and Sweet Arizona Central Knight Ridder Predatory Pricing? Editor & Publisher Microsoft Portal Site Dubbed MSN.com TechWeb Radcliffe Publishing Course Picks Boston Globe U.S. Lawyer Wins Bad Writing Contest JamBooks Click here to return to the homepage of The Write NewsTM Click here to subscribe to our free weekly email newsletter.  www.writenews.com Copyright © 1997-2007 by Writers Write, Inc. All Rights Reserved. |
