Schneps Media Acquires AM New York from Newsday
Sale fi nalizes on October 11, adds daily to leading citywide publishing group
JAMES T. MADORE/ NEWSDAY
Newsday Media Group
is selling amNewYork,
its free commuter
r
k
ve
ed
newspaper in New York
City, to Schneps Media, effective
October 11, offi cials announced
Wednesday.
The price was not disclosed. Schneps
hxts
executives said they will expand
amNewYork through events
programming and broadcasting.
Launched in 2003, amNewYork
is Manhattan’s highest daily circulation
rk
u-
1
newspaper and has almost 1
million unique visitors to its website
each month.
Newsday publisher Debby
Krenek said, “amNewYork has become
an important part of daily life
in the city… We are confi dent that
this tradition of serving New Yorkers
will continue with Schneps Media,
whose strong commitment to
Schneps Schneps Media,Media Gay Gay City City News’ parent parent company company, is is acquiring acquiring amNewYork,amNewYork Manhattan’s Manhattan’s highest highest circulation
circula
daily newspaper, from Newsday Media Group effective October 11.
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
AM NEW YORK
are Gay City News, The Villager,
The Brooklyn Paper, Queens
Courier, TimesLedger, Long Island
Press, Caribbean Life, and the
Spanish-language newspaper Noticia
Long Island.
“Moving forward Newsday Media
MEDIA
Group will fully focus on serving
Long Islanders with news, information,
and experiences as
we continue to expand our multimedia
products and platforms,”
w
t
K
Krenek said.
Schneps president and publisher
Victoria Schneps said, “We are
er
de
m
da
on
to
ta
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
th
our expertise in multiplatform media,
including print, digital, events,
social media, and broadcasting.”
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