DENNIS PUBLISHING BUYS ONLINE DAILY NEWS MAGAZINE, THE FIRST POST
January 11th 2008 02:45
Dennis Publishing has bought British online daily news magazine The First Post, the company said. Financial terms were not disclosed.
PaidContent UK reports that the new addition is intended to complement Dennis' main news summary print mag The Week, which is published both in the US and the UK.
The three-year-old digital publication claims to draw one million monthly uniques. The First Post's website will be headed by Kerin O'Connor, executive director at Dennis in the UK and Pete Wootton, managing director of Dennis Interactive
Three-year-old The First Post is owned by its own First Post News Group Ltd, funded by digital media private investors and professes to be “a place to find out what the news means, a place to read about the issues of the day in short, sharp, informative articles”.
PaidContent said, “The Week, which doesn’t publish online, will now get to play in the world of daily online publishing at a stroke.”
The two are “natural stablemates”, editor Mark Law told Press Gazette.
It is “the ideal next step” for growth in online current affairs publishing and will be used to increase The Week subscriptions in the UK and US, Dennis ceo James Tye said.
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