The regional magazine M&A market saw a small spike in activity last week as two acquisitions were finalized.Charleston, South Carolina-based GulfStream Communications Wednesday purchased Grand Strand Magazine and its affiliated Web site from Charlston Communications. Financial terms of the deal were not disclosed.Acquiring GS Magazine is a strategic fit for GulfStream, according to marketing and circulation director Misty Johnson, because it extends the company’s regional advertiser reach and reader base to the Grand Strand, South Carolina (Myrtle Beach) area. Charlston Communications owner Pamela Charlston De Grood and the magazine’s advertising director will remain with the 20,000-circ. title under GulfStream, the company said. Other staff transitions are currently being finalized, Johnson told FOLIO:.GulfStream said GS and its Web site will undergo a redesign with the December/January issue, which is due to hit newsstands in early December. Gulfstream’s portfolio of regional titles includes Charleston magazine, Charleston Home, Charleston Wedding, WNC magazine and G, the Magazine of Greenville.After Nine Years, Founder Sells Cottages & Gardens PublicationsFurther north in Connecticut, Cottages & Gardens Publications was sold by founder Richard Ekstract to Dulce Domum LLC. The group includes Hamptons Cottages & Gardens, Palm Beach Cottages & Gardens, Connecticut Cottages & Gardens and Westchester Cottages & Gardens.Terms of the deal were not disclosed.According to Cottages & Gardens Publications editorial director DJ Carey, the acquisition “will give us a new investment opportunity to expand our offerings to the affluent communities we currently serve … as well as prospective geographic areas for future growth” Carey will stay on as editorial director, reporting to Dulce Domum CEO Marianne Howatson.Ekstract—who created Consumer Electronics Monthly magazine in the early 1970s—launched Cottages & Gardens Publications with Hamptons Cottages & Gardens magazine in 2000.
After the phenomenal success of Ranveer Singh starrer Simmba, the audience can’t help but desperately wait for Rohit Shetty’s next cop action – Sooryavanshi. Starring Akshay Kumar, the film is expected to have cameos by Ranveer Singh and Ajay Devgn.A number of A-list names were floating around as who would be cast in the film as the female lead opposite Akshay and the latest we hear is that Katrina Kaif has finally been zeroed in for the film. As per a report by Pinkvilla, Katrina Kaif has been brought on board on Akshay Kumar’s insistence, though Rohit Shetty was not totally in agreement with the whole idea. Yes, you read it right. Rohit Shetty wanted to cast some other actress for the part in the film but, Akshay Kumar, who has given a number of hit films with Katrina Kaif like Namastey London and Singh is King was adamant on Katrina being brought onboard.And, Rohit Shetty finally agreed. The report states that Rohit Shetty and Akshay Kumar even had a slight tussle over the matter but now all of that has been put aside to focus on the film.Prior to that, Katrina Kaif would be seen with Salman Khan in Bharat which also stars Jackie Shroff and Disha Patani. Earlier, Priyanka Chopra was supposed to play the part but owing to her sudden engagement and wedding, the diva had to back out of the project at the last minute.Reports of Salman Khan having paired up with Katrina Kaif for the third instalment of the ‘Tiger’ franchise was making news recently. On the other hand, Akshay Kumar’s Kesari has been raining moolahs at the box-office and has been declared a hit by critics and audience alike.
IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:00/1:02Loaded: 0%0:01Progress: 0%Stream TypeLIVE-1:02?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … Close Courtesy: Jet AirwaysGiving a brief respite to Jet Airways pilots, Korean Air will hold a two-day job fair in New Delhi on May 24 and 25. The main aim of the job fair is to hire Jet Airways pilots who were laid off when the carrier suspended their operations earlier this month.Korean Air is looking to hire at least 300 pilots of all ranks to fly their Boeing 777-300s.”The road show is a kind of job fair for pilots. The executives from Korean Air would brief us about their requirements. The job fair is being held in both Delhi and Mumbai,” a senior pilot was quoted as saying by IANS.The pilots hired would by flying Korean Air aircraft which connect 124 cities in 44 countries. The company owns 167 aircraft, including Boeing and Airbus.”The information sessions are important to understand growth prospects, routes flown, home base rotation etc. It will be conducted by the Korean expat cell who will be handling the Jet Airways pilots as well,” a mail addressed to pilots read.National Aviators Guild’s vice-president Captain Asim Valiani said that while he is relieved that Korean Air is hiring and giving pilots a relief, he still hopes that Jet Airways will be revived.He said, “We are waiting for the outcome (of the banks-led stake sale process for Jet Airways). We have three months window to join a new airline so we are waiting.”After the grounding of Jet Airways, many pilots have joined SpiceJet, Indigo and GoAir, Air India and Vistara. Naresh Goyal quits as Jet Airways chairman, stake slashed to 25%
X Listen Share 00:00 /10:53 On this week’s installment of our weekly political roundup, the Houston Matters experts discuss everything from Robert Mueller agreeing to testify before Congress, to Democratic presidential candidates preparing to debate one another, and State Representative Jonathan Stickland saying he won’t run for re-election.Also, the acting head of Customs and Border Protection, John Sanders, says he plans to step down in about a week.In the audio above, we discuss those and other recent political developments with University of Houston’s political analyst Nancy Sims and associate professor Elizabeth Simas. To embed this piece of audio in your site, please use this code: