Hour Media Acquires Indianapolis Monthly Magazine – DBusiness Magazine

Cincinnati Media, a completely owned subsidiary of Hour Media in Troy, has introduced its acquisition of Indianapolis Month-to-month journal from Emmis Corp. Phrases of the deal weren’t disclosed.

Based in 1977 as Indianapolis Dwelling and Backyard, the journal turned Indianapolis Month-to-month in 1981, and was bought to Emmis in 1988.

“Hour Media has had a long-standing respect for Emmis since its procurement of Emmis’ Los Angeles, Atlanta, Cincinnati, and Orange Coast magazines in February of 2017,” says

Stefan Wanczyk, CEO of Hour Media. “We’re honored to be the brand new proprietor of Indianapolis Month-to-month journal. We are going to proceed to attempt to be a market chief and acknowledged as one of many nation’s premier metropolis magazines.”

Indianapolis Month-to-month covers a variety of pursuits, together with life-style, leisure, sports activities, eating places, tradition, and enterprise. The publication has 209,000-plus month-to-month readers and 41,000 month-to-month subscribers.

“This acquisition is extremely synergistic given our already sturdy presence within the Midwest and within the metropolis and regional journal enterprise nationally. We stay up for persevering with the nice legacy of this time-honored model that has serviced the larger Indianapolis area,” says John Balardo, president of Hour Media.

In 2014, Indianapolis Month-to-month was honored with the Normal Excellence Award in its circulation class from the Metropolis and Regional Journal Affiliation.

“We’re extremely pleased with the award-winning product our individuals created each month. We have now had a very exceptional run as homeowners of Indianapolis Month-to-month, and we stay up for its continued success beneath Hour,” says Jeff Smulyan, founder and chairman of Emmis.

Hour Media and its associated entities are multi-media corporations that publish and produce greater than 150 magazines and customized titles, 40 shopper web sites, and 70 exhibits and occasions all through the US.

Hour Media Group is the most important writer of metropolis and regional magazines within the nation, and domestically its publications embody Hour Detroit, DBusiness, and Detroit Design magazines. The corporate has places of work in Alabama, California, Florida, Georgia, Indiana, Michigan, Minnesota, and Ohio. General, the corporate has greater than 300 workers throughout the nation.

Emmis Corp. (previously Emmis Communications) owns Lencore, the world chief in high-quality sound masking options for places of work and different industrial functions, a controlling curiosity in Digonex, which supplies pricing options for points of interest, performing arts organizations, and different industries, and Sound That Manufacturers, a Los Angeles-based podcasting studio specializing in branded audio content material for nationwide advertisers, in addition to one AM and one FM radio station in New York Metropolis.

For extra info, go to Indianapolismonthly.com.