Active Interest Media Acquires Marine Group From Source Interlink
Posted on February 16, 2012
Active Interest Media, Inc. has reached an agreement to acquire the rights to publish the marine and online properties currently published by Source Interlink Media. The groups top brands are Power & Motoryacht and Sail magazine. The Marine Group also publishes three special-interest publications: Big Game Tournament Guide, SAIL Buyer's Guide and New Sailboat Review. It also runs two sites: powerandmotoryacht.com and sailmagazine.com. There is also a Sailboat Review iPad app.
Chris Argentieri, president of Source Interlink Media said in a statement, "AIM is the perfect home for these brands, as they complement an already solid team of Marine enthusiasts who are passionate about boats and boaters' lives. The PMY and Sail teams have been extremely successful over the past few years in re-inventing themselves, including a major redesign of PMY to the launch of new websites and the rollout of Sail's tablet apps. The creativity and professionalism of this team will be a great addition to AIM's staff."
Sail Magazine will remain in its current location in Boston, MA. Power & Motoryacht will relocate from Source's New York City offices to AIM's Essex, CT office.
