Schneps Media acquires amNewYork from Newsday
BY JAMES T. MADORE
NEWSDAY
SPECIAL TO SCHNEPS MEDIA
Newsday Media Group is selling
amNewYork, its free commuter
newspaper in New York City, to
Schneps Media, effective Oct. 11, offi -
cials announced Wednesday.
The price was not disclosed. Schneps
executives said they will expand am-
NewYork through events programming
and broadcasting.
Launched in 2003, amNewYork
is Manhattan’s highest daily circulation
newspaper and has almost 1
million unique visitors to its website
each month.
Newsday publisher Debby Krenek
said: “amNewYork has become an important
part of daily life in the city …
We are confi dent that this tradition of
serving New Yorkers will continue with
Schneps Media, whose strong commitment
to local media makes them the
ideal new publisher of amNewYork.”
Schneps owns 33 newspapers, 28
magazines and specialty publications
and 20 websites, produces numerous
podcasts and hosts 50 annual events.
Among its publications are Queens
Courier, TimesLedger, The Brooklyn
Paper, The Villager, Long Island Press
and the Spanish-language paper Noticia
Long Island.
“Moving forward Newsday Media
Group will fully focus on serving
Long Islanders with news, information
and experiences as we continue to
expand our multimedia products and
platforms, and fulfi ll our mission of
being the primary source of powerful
local journalism as ‘Your Eye on LI,’ ”
Krenek said.
Last month, Newsday moved into a
new multimillion-dollar headquarters
in Melville that will feature a television
studio and auditorium capable of
streaming live events on newsday.com.
Schneps president and publisher
Victoria Schneps said: “We are delighted
to add amNewYork to our
media company. We thank Newsday
for this opportunity to carry on the
commitment of amNewYork to deliver
the best and most important local
news stories.”
Schneps started her company in the
mid-1980s with a weekly paper published
from the living room of her Bayside,
Queens, home.
Her son Joshua Schneps, the company’s
CEO and co-publisher, said,
“We look forward to enhancing am-
NewYork’s brand through our expertise
in multiplatform media, including
print, digital, events, social media
and broadcasting.”
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