In a week where Condé Nast shuttered parenting magazine Cookie, rival magazine publisher Bonnier Corp. is beefing up its parenting portfolio with the purchase of Conceive magazine.
The formerly independently published magazine — founded by Kim Hahn in 2004 — will join Bonnier’s other magazines in the category, Parenting and Babytalk. Conceive‘s entire staff will be joining the Bonnier team, and the magazine’s Web site, Conceive On-Air radio show and several related books are also part of the deal.
This new addition to the Bonnier family is surprising, especially considering what other companies like Condé are doing. Instead of folding titles, Bonnier has been collecting them, even ones within the same category. This is the company’s fourth acquisition in the past year. In June, the Florida-based publisher bought five enthusiast titles from Hachette Filipacchi, including Popular Photography, Flying, Boating, Sound & Vision and American Photo.
Full release after the jump
Bonnier Corp. Acquires Conceive Magazine — Adds to Portfolio that Includes Parenting and Babytalk
New York, NY — Bonnier Corp., publisher of Parenting and Babytalk, today announced the purchase of Conceive magazine. Known for its comprehensive information on getting pregnant, Conceive joins Bonnier’s two leading brands in the mom market, Parenting and Babytalk, to form the industry’s most complete portfolio reaching mothers and moms-to-be.
This is Bonnier Corp.’s fourth acquisition in the past 12 months. In June, Bonnier added five magazine titles from Hachette Filipacchi: Popular Photography, Flying, Boating, Sound & Vision and American Photo. And late last year, the company bought Working Mother and Scuba Diving in two separate deals.
“Adding Conceive will provide greater breadth to our targeted mom portfolio, anchored by Parenting and Babytalk,” says Terry Snow, CEO of Bonnier Corp. “Conceive provides us with a unique entry point to the mom marketplace and fits in our overall strategy to expand Bonnier’s opportunities in growth markets through multimedia platforms.”
Conceive, the ultimate resource for the aspiring mom-to-be, inspires and provides information on health, fertility and the many methods of conception. A must-have resource for women entering this lifestage, Conceive offers comfort and emotional support to women contemplating starting or expanding their families by consulting noted professional experts and by sharing the insights and experiences of others who have already begun their journey.
“Conceive could not have a better new family than Bonnier,” says Kim Hahn, who will continue as publisher of Conceive. “We were at a stage where it was time for Conceive to reach the next level that a company like Bonnier can provide. We’re now in position to better serve our clients and readers.”
In addition to the magazine, Conceive has a significant online presence with the ConceiveOnline.com website, the Conceive On-Air radio show, several books (including The Fertility Journal, A Day-by-Day Guide to Getting Pregnant, April 2008 and Fertility Facts, Hundreds of Tips for Getting Pregnant, September 2008; and Cooking To Conceive released just last week) and e-newsletters.
Hahn founded Conceive in 2004. A former bank executive, she was frustrated with the lack of mainstream information available when she and her husband were trying to conceive. After the couple adopted a baby girl and Kim returned to work, she decided to leave banking and start a magazine to provide information to others navigating the quest to get pregnant.