BH Media Group Acquires Atlantic City WeeklyBack to News
ATLANTIC CITY, NJ – February 3, 2015 – BH Media Group, the parent company of The Press of Atlantic City, has acquired Atlantic City Weekly and its associated website, acweekly.com, from Review Publishing LP.
Dirks, Van Essen & Murray, a merger and acquisition firm based in Santa Fe, New Mexico represented Review Publishing in the sale. Terms of the transaction were not disclosed.
Atlantic City Weekly (AC Weekly) is a premier free distribution weekly that provides locals and visitors the most comprehensive compilation of casino, nightlife, dining and arts and entertainment news at the Jersey Shore. AC Weekly distributes about 33,000 copies a week on the Jersey Shore and its website averages 150,000 page views per month.
Mark Blum, currently the publisher of The Press of Atlantic City and of the Catamaran publications, will oversee the operation of AC Weekly. Blum was controller for the Press of Atlantic City from 1989 to 1993 and took the role of the publisher of The Press of Atlantic City in August of 2013 and of Catamaran with its acquisition in October of 2014.
AC Weekly has been publishing since the 1970s, back when it was called the Whoot. The Press of Atlantic City will continue to publish At The Shore, its entertainment magazine, which will be distributed with the newspaper on Thursdays.
“I couldn’t be more excited about getting the opportunity to work with the outstanding team of employees at AC Weekly who do an outstanding job of covering the entertainment and activities along the Jersey Shore, and we look forward to continuing in partnership with them to serve both local residents, local advertisers and those visiting the region throughout the year,” Blum said.
BH Media Group, headquartered in Omaha, is a wholly owned subsidiary of Berkshire Hathaway Company. BH Media Group now owns 30 daily newspapers and related weekly newspapers in Nebraska, Iowa, Texas, Oklahoma, Virginia, North Carolina, South Carolina, Alabama, Florida and New Jersey.
For more information contact Dirks, Van Essen & Murray at 505-820-2700.