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Caribbean L 12 ife, October 4 - 10, 2019 BQ
Schneps Media
acquires AM New
York from Newsday
Media Group
By James T. Madore, Newsday
Special to Schneps Media
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
amNewYork through events programming
and broadcasting.
Launched in 2003, amNewYork is
Manhattan’s highest daily circulation
n e w s p a -
per and has
almost 1 million
unique
visitors to its
website each
month.
N e w s -
day publisher
Debby
Krenek said:
“amNewYork
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 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
p r e s i d e n t
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 co-publisher, said, “We
look forward to enhancing amNewYork’s
brand through our expertise in multiplatform
media, including print, digital,
events, social media and broadcasting.”
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