Press release | Mid-Atlantic Media
Mid-Atlantic Media, LLC expanded its media holdings with the acquisition of the Philadelphia Jewish Exponent.
Philadelphia Jewish Exponent, a regional Jewish publication covering Philadelphia and its suburbs in Pennsylvania and southern Jersey, was sold by the Jewish Publishing Group, an affiliate of the Jewish Federation of Greater Philadelphia. Terms of the agreement were not released.
“Our unwavering commitment to engaging, educating, entertaining and connecting Jews across the religious, political, demographic and geographic spectrums of our community has never wavered,” said Michael Balaban, President and CEO of the Jewish Federation. of Greater Philadelphia. “However, the ever-changing media landscape can make it difficult to run a local Jewish publication. Under Mid-Atlantic Media, the exhibitor will have proven experts in the field focusing on its growth, development and market relevance. We expect that under this ownership, Exhibitor will remain an award-winning publication better able to serve the needs of its readers, including expanding its footprint in the digital media market.
Mid-Atlantic Media CEO and publisher Craig Burke said the acquisition of the Philadelphia Jewish Exponent fits well with the media company’s strategic plans. “The Jewish Exponent has always been one of the leading Jewish publications in the country. Seven years ago, we considered it an honor and a privilege to help provide personalized media services to Jewish Exponent. Today, the opportunity to acquire Jewish Exponent and integrate it into our corporate media portfolio is a real pleasure.
“Jewish publications build and strengthen the Jewish community with their content, both in print and digital form. We look forward to providing valuable content to Jewish readers in the greater Philadelphia area. Burke continued, “And help our advertisers grow their business with Philadelphia Jewish Exponent.”
Mid-Atlantic Media is a growing media company with a strong presence in Baltimore, Philadelphia and Washington, D.C. Mid-Atlantic Media publishes Baltimore’s Child, Baltimore Jewish Times, Baltimore Style, Consumer’s Eye Magazine, Frederick’s Child, Home Services Magazine, Philadelphia’s MetroKids, Montgomery Magazine, Washington Family and Washington Jewish Week. The company – which is headquartered in Owings Mills, Maryland – also operates a large national custom media division providing services to clients throughout the Mid-Atlantic region, Key West, Pittsburgh, New York, San Francisco and Scottsdale.