American Media has announced the acquisition of TEN: Publishing's Adventure Sports Network (ASN), which consists of 14 adventure and sports brands including
Bike,
Powder,
Surfer, and
Snowboarder. American Media, whose other titles include
US Weekly,
Men's Journal, and
National Enquirer will also take over management of the Dew Tour.
The news comes a few weeks after American Media announced that it had raised
$460 million to refinance its outstanding debt capital.
"The opportunity to merge the incredible ASN brands with our recent acquisition of Men's Journal establishes a significant digital network and underscores American Media's commitment to diversifying our brand offerings and revenue streams," said American Media Chairman and CEO David J. Pecker.
"I am confident that under the management of the Men's Journal leadership, the addition of ASN's incredible digital and social scale will be important factors in our continued growth and success."
According to a press release, American Media will now manage the Dew Tour, which was attended by approximately 84,000 fans at its events in Long Beach, CA, and Breckenridge, CO in 2018, along with several other events.
Norb Garrett, President of ASN, said, "ASN has built a portfolio of the most enduring brands in the adventure sports media landscape. Under American Media's leadership, we will continue to grow our multi-platform reach across digital, social, print, and experiential events."
No layoffs were mentioned in the press release from American Media, although there are reports that editorial staff from multiple titles were let go. In addition, a post from the editor of
Transworld Motocross stated that the the “magazine, web site, and race series are on
hold.”
More info as we get it.
Wasn’t the Nat Enquirer the original Fake News?
Powder March issue- POW is no more- Global Warming is a Hoax!
The Dew Tour contract is up for renewal with less than zero hope of it continuing.
Noj...have you seen The Ride Journal? Very much in the same vein as The Albion (which was heckin awesome).
www.ridebmx.com
Just noise
Print media is struggling to stay afloat and advertisers are advertisers.
If you don’t like the reviews, editorial or even just having to pay for a page that is totally cool. But I don’t know of too many (we’ll... any) mountain bike content providers that haven’t made a deal with the e-bike devil.
As a photographer I see this first hand and I've seen how it has been building, with increasing numbers of publishers starting to insist on "world exclusive" content (often along with full, and eternal rights to reproduce and even sell-on that content) while offering such a slim payment it doesn't even cover the costs of a photographer going to shoot that feature, trip or story.
Whether you believe that people no longer want to hold print in their hands, or whether you see the virtues of a magazine like Bike that has long been a stalwart of digging beneath the veneer of our sport to bring us tough provoking articles supported by the worlds best bike photographers, we all need to be aware of what now lies around the corner for our mountain bike media; a very dull, swipe-right, world of indifference that does little to invoke, amaze or inspire.
Just sayin'.
Isn't capitalism great?
So is Pinkbike interested in buying all these brands in the fire sale?
Media empire time here folks!!
Full disclosure I bought some Giro on clearance from Jenson for my kid and size was spot on.
Introduced in the Senate as S. 652 by Larry Pressler (R-SD) on March 30, 1995
Committee consideration by Senate Commerce, Science, and Transportation
Passed the Senate on June 15, 1995 (81-18 Roll call vote 268, via Senate.gov)
Passed the House on October 12, 1995 (passed without objection)
Reported by the joint conference committee on January 31, 1996; agreed to by the House on February 1, 1996 (414-16 Roll call vote 025, via Clerk.House.gov) and by the Senate on February 1, 1996 (91-5 Roll call vote 8, via Senate.gov)
Signed into law by President Bill Clinton on February 8, 1996
a stranger "retard" over a mild political disagreement. Internet tough guy syndrome has no age limit.
I'm not a Republican and I didn't vote for Trump. Also, you're the only one talking about race.
But please, keep this going. The unhinged ramblings of an exceptionally angry person are a lot of fun to read. Insult my mother next. That should make for a good read.
If you need to rehearse some of your "educating" feel free to PM me some of your material. I'd love to read it.
Good luck overcoming all of this anger. I wish you the best, my friend.
Have a better day.
Talk soon. Love you too, Sweetheart.
I love the United States of America. There's nowhere else I'd ever want to live. I also love you. The more you push me away with your insults the more I love you.
Forever yours,
Session603