CurtCo Sells Worth Magazine
Sandow Media acquires wealth management title.
CurtCo Media has sold Worth magazine to Boca Raton, Florida-based Sandow Media. Terms of the deal were not disclosed.
New York City-based Worth magazine employees are expected to remain with the publication under the new ownership, the company said in a statement. Alison Parks will serve as general manager and chief marketing officer. Andy Pedersen will continue to serve as associate publisher.
Last week, as reported by the New York Post, a potential deal in which Elevation Partners would acquire a stake in CurtCo fell through. CurtCo also is selling its Home Entertainment magazine, and its accompanying Web site and database, to the newly formed Mendelsohn Media LLC, a technology and lifestyle publisher.
Sandow Media, which was founded in 2002, publishes titles such as NewBeauty and Luxe.