Petersen Publishing to Acquire Stereophile Magazine
Posted on May 18, 1998
James Dunning Jr., Chairman and CEO of The Petersen Companies, Inc., announced an agreement to acquire Stereophile Magazine and Stereophile Guide to Home Theatre -- two leading high-end audio and home theatre publications, as well as HI-FI '98, The Home Theatre & Specialty Audio Show.
Stereophile magazine, published monthly, was founded in 1982 and is the country's largest circulation magazine reviewing high-end audio components. The Stereophile Guide to Home Theatre was founded in 1994 and is published 10 times per year. It delivers information and advice about the high-performance video and multi-channel audio technologies of today and tomorrow. HI-FI '98, a consumer show devoted to high-end audio and home theatre, will take place from June 12-14, 1998 at the Westin Los Angeles Airport Hotel in Los Angeles, California.
