Success Magazine Moves to Raleigh, NC
Posted on December 10, 1999Success Magazine, a national publication founded in 1897 for entrepreneurs, will relocate its corporate headquarters from New York City to Raleigh, North Carolina and publish in its new format in spring of 2000. Success has a readership of more than one million. An investor group based in Raleigh is purchasing the magazine, and the deal will close on December 21, 1999.
The Success Companies, the new parent company of Success, will publish 10 issues a year and reestablish trademark and licensing ventures of the Success brand name. In addition, the holding company will explore the development of Success Online and Success TV to expand its content offerings. Victoria Conte, president of The Victoria Group and a long-time consultant to publications and companies such as Dow Jones, Working Woman, Inc., and Success, will serve as publisher of Success.
Success will have a staff of 25 employees, in addition to freelance writers, photographers and other contributors to the magazine. Dr. Ripley Hotch, former editor of Communication News and Nation's Business magazines, will serve as editor of Success. The headquarters for both the magazine and The Success Companies will be in the First Union Capital Building in downtown Raleigh.
"Success has a 100-year old tradition of serving the entrepreneurial business owner," said Conte. "Success has identified and featured emerging entrepreneurs such as Michael Dell, Bill Gates and Richard Branson. We look forward to restoring Success to its original focus of helping individuals enhance their skills and knowledge so they may achieve their own success. We will also take Success a step further to bring e-commerce and Internet intelligence to our readers as they take their companies into the next century."