IBJ Media CEO and Publisher Nate Feltman became the company’s sole owner by purchasing the shares of longtime Indianapolis businessmen Mickey Maurer and Bob Schloss this month.
A story on the Indianapolis Business Journal website states, “Since Feltman became part of IBJ Media leadership in 2017, the company purchased Inside INdiana Business, doubled the number of IBJ-produced annual events and launched the Indiana 250 list of the state’s most influential business and community leaders.
“Maurer compared Feltman’s impact to a ‘Star Wars’ spacecraft making the jump to lightspeed.
“‘These new products are to Nate’s credit, not us,’ Schloss said. ‘He’s done a great job. He wanted to buy [IBJ Media] and Mickey and I both agree we’d rather keep it local than to sell to a chain. It was not offered to anyone else.’
“Terms of Feltman’s purchase were not disclosed.”
“Feltman said IBJ Media revenue has grown through increased paid subscriptions—30% since 2020—and a roster of more than 30 IBJ-produced events such as Forty Under 40 and the Engage Indiana Series.”
Read more here.
