Four Magazines Bought, Not Closed!

old_house_interiors.jpgPrint publishing has been in need of some good news. So how about this: Active Interest Media purchased Old-House Interiors, Arts & Crafts Homes, Early Homes and the Design Sourcebook, from Gloucester, Massachusetts-based Gloucester Publishers.

Though they already own Old-House Journal and New Old House, AIM insists they will continue to publish all four Gloucester titles. The publications will be relocating to AIM’s home in Chantilly, Virginia, though all other aspects of the magazine are expected to remain the same.

Editor-in-chief, Patricia Poore, who created all four magazines, will move to Virginia with the titles. Gloucester recently went through a round of layoffs at all of their magazines, the remaining staff members will be retained and relocated on an as needed basis.

Earlier this year AIM struck an unusual deal with F+W Media. The publisher acquired Home Buyer Publications, and shuttered Log Homes Illustrated and Timber Homes Illustrated.

“We think this is a time when you’ll see a lot of consolidation in the market by stronger players like AIM,” Reed Phillips, managing partner at the media investment firm DeSilva + Phillips, told FOLIO.

Old-House Interiors, which publishes six times a year, and Arts & Crafts Homes, which publishes four times a year, carry a combined circulation of 40,000. Early Homes, which publishes twice a year, and Design Center Sourcebook, published annually, carry a combined circulation of 20,000.