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 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
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 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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