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NEW YORK The new owners of Maxim and Blender said they plan to pour resources into those titles and confirmed earlier reports that they would fold Stuff as a stand-alone magazine.
Alpha Media Group, the new name for the Quadrangle Capital Partners-backed company that bought the former Dennis Publishing titles, closed on the $240 million-plus deal today.
Longtime Wenner Media exec Kent Brownridge, CEO of Alpha, said he planned to add at least 20 people over the next few months to bolster the titles’ cross-selling, marketing, print and online operations.
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