Schneps Media acquires AM New York
from Newsday Media Group
BY JAMES T. MADORE
Newsday Media Group is
selling amNewYork, its free
commuter newspaper in
New York City, to Schneps
Media, effective Oct. 11, officials
announced Wednesday.
The price was not disclosed.
Schneps executives
said they will expand am-
NewYork through events
programming and broadcasting.
Launched in 2003, am-
NewYork is Manhattan’s
highest daily circulation
newspaper and has almost
1 million unique visitors to
its website each month.
Newsday publisher
Debby Krenek said: “am-
NewYork has become an important
part of daily life in
the city … We are confident
that this tradition of serving
New Yorkers will continue
with Schneps Media,
whose strong commitment
to local media makes them
the ideal new publisher of
COURIER L 14 IFE, OCT. 4-10, 2019
amNewYork.”
Schneps owns 33 newspapers,
28 magazines and
specialty publications and
20 websites, produces numerous
podcasts and hosts
50 annual events. Among
its publications are Queens
Courier, TimesLedger, The
Brooklyn Paper, The Villager,
Long Island Press and
the Spanish-language paper
Noticia Long Island.
“Moving forward Newsday
Media Group will fully
focus on serving Long Islanders
with news, information
and experiences as we
continue to expand our multimedia
products and platforms,
and fulfill our mission
of being the primary
source of powerful local
journalism as ‘Your Eye on
LI,’ ” Krenek said.
Last month, Newsday
moved into a new multimillion
dollar headquarters in
Melville that will feature a
television studio and auditorium
capable of streaming
live events on newsday.com.
Schneps president and
publisher Victoria Schneps
said: “We are delighted to
add amNewYork to our media
company. We thank
Newsday for this opportunity
to carry on the commitment
of amNewYork to
deliver the best and most important
local news stories.”
Schneps started her company
in the mid-1980s with
a weekly paper published
from the living room of her
Bayside, Queens, home.
Her son Joshua Schneps,
the company’s CEO and copublisher,
said, “We look
forward to enhancing am-
NewYork’s brand through
our expertise in multiplatform
media, including print,
digital, events, social media
and broadcasting.
They count on you,
So count on us to
keep you going.
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