Mike Blinder, the media consultant, has bought Editor & Publisher, the 135-year-old newspaper industry trade journal.
Blinder’s newly formed company, The Curated Experiences Group, bought E&P from the Duncan McIntosh Co. Inc., that had owned the magazine since 2010.
Terms of the transaction, which closed August 30, were not disclosed. Jeff Gruenhut of Grimes, McGovern & Associates represented McIntosh in the sale.
Blinder said he wanted to expand E&P’s coverage beyond newspapers to include broadcast news and digital-only news outlets.
“Editor & Publisher is not just a magazine for newspapers,” said Blinder told the magazine industry journal Folio:. “It’s now a magazine for news publishers.”
Blinder said E&P will continue to print a monthly edition—and that the upcoming October issue would be the first under his ownership—but that it will be a multimedia organization. The sale includes the Newspaper DataBook and the EPPY Awards for digital journalism.
Nu Yang, who had served as managing editor of the magazine, was named editor-in-chief, and former Assistant Editor Evelyn Mateos was promoted to managing editor.
Blinder said he would oversee the business side of E&P, and take no salary. He is president of The Blinder Group, a consultancy which has had more than 250 media clients internationally including The New York Times, Gannett Co., Hearst and The McClatchy Company.
E&P dates back to 1884 when The Journalist, a weekly, was founded. E&P was launched in 1901 and merged with The Journalist in 1907. It was owned by the Brown family from its founding until 1999 when it was bought by the Nielsen Co. In January 2010, Nielsen shut down the magazine, which Duncan McIntosh bought and revived a few weeks later.
Blinder told Folio: that he bought Editor & Publisher as a way of giving back to the news industry. “I’m not doing this to get rich,” he said. “I’m fine. I’m a steward, taking the magazine on its next journey.”