ORLANDO, Fla., (March 25, 2010) – Golfweek magazine – the publication preferred by serious golfers – today announced its acquisition of three Golf Press Association wire services: The Golf Wire, The Apparel Wire and The Tour Van. Effective April 1, the deal will place Golfweek at the helm of the golf industry’s most-read news distribution services. While the structure and everyday operations of each news agency will remain unchanged, the acquisition brings about significant growth, both for the wire services’ reach and for Golfweek’s rapidly burgeoning multimedia portfolio.
By leveraging Golfweek’s extensive print, digital and mobile networks, custom publishing operations, events and research assets, the newly acquired news agencies will be able to substantially expand their subscriber-bases and provide even better coverage of the U.S. and global golf markets.
“Golfweek’s authoritative reputation, unrivaled expertise and broad scope of resources will not only add more depth and breadth to the wire services, but also enable each entity to grow exponentially in its range, reach and capabilities,” said Alex Miceli, CEO and publisher of the Golf Press Association. “The acquisition really opens up a whole new world of opportunities, and I am thrilled about the prospects on the horizon.”
“At Golfweek, we pride ourselves on being leaders, innovators and proponents of all things golf, and this acquisition is yet another huge stride in the continued growth of our company. Bringing The Golf Wire team into the Golfweek family is just another way for us to stay ahead of the competition,” said Clayton Morris, president/publisher of Golfweek.
Delivered to more than 100,000 golf business leaders and insiders each day, The Golf Wire has been the foremost source for the industry’s latest news, releases, transactions and information since its inception in 2003. In addition to its daily digital publication, The Golf Wire also provides up-to-the-minute headlines, news, features, blogs, event calendars and stock updates on its Web site, TheGolfWire.com.
Targeted to more specific readerships within the industry – and currently boasting more than 40,000 readers each – The Apparel Wire (published Thursdays) offers news related to apparel, accessories and sportswear technology, while The Tour Van (published Tuesdays) provides the latest equipment updates from the professional golf community.
About Golfweek
Founded in 1975, Golfweek is the most authentic, authoritative and independent name in golf. Reaching more than 1.3 million readers each week, the magazine delivers the most complete news and information about the game, its players and the golf lifestyle – all to golf’s most important audience. The Golfweek brand also extends beyond the print publication to include Golfweek Custom Media, GolfweekHomes.com and Golfweek.com, which features golf’s first online television network, GolfweekOnDemand. Golfweek is part of Turnstile Publishing Company, one of the nation’s leading media brands specializing in high-end publications for active and affluent audiences. Founded in 1990 and headquartered in Orlando, Fla., Turnstile Publishing Company is also the parent corporation of Community Media Holdings and the TurfNet Media Network, as well as such publications as Art Calendar, The Seminole Voice and The Winter Park/Maitland Observer.
Contact:
Elizabeth Hawkins, Marketing Director
407.563.7006
EHawkins@Golfweek.com
