Active Interest Media Acquires Rights to Publish Marine Properties of Source Interlink Media
Sail Magazine will remain in its current location in Boston, MA while Power & Motoryacht will relocate from Source’s New York City offices to AIM’s Essex, CT office, which is the home of Soundings and Soundings Trade Only.
Both groups will report to AIM’s Marine Media Group Publisher Gary DeSanctis who states, “With the addition of these two venerable titles, AIM has emerged as a true marine industry powerhouse, allowing our advertisers, readers and most importantly boat buyers the opportunity to pursue their passion across all segments of the marine marketplace.”
About Active Interest Media, Inc.
Active Interest Media, Inc. (AIM) is a leading publisher of enthusiast magazines, consumer shows, books and Internet sites. AIM was formed by Wind Point Partners, a Chicago-based private equity investment firm, in partnership with CEO Efrem “Skip” Zimbalist III, in October 2003.
About Source Interlink Companies
Source Interlink Companies is the leading publisher of magazines and on-line content for enthusiast audiences, as well as a leading sales and service distributor of magazines and provider of related in-store services across North America. Through its sales and services initiatives, the Company is able to optimize its media properties through its vertically integrated distribution assets. Source Interlink creates content for more than 70 publications, 90 websites, events, television, and radio. Its portfolio includes many respected brands such as Motor Trend, Automobile, Hot Rod, Automotive.com, Surfer and Intellichoice.