George Economides has sold the Long Beach Business Journal earlier this month to Pacific Community Media. Economides and the Journal had been the “voice of businesses” for more than three decades ruling the city.
However, Economides’s legacy will live on with the Journal starting with the publication’s first edition under the new owner on February 17.
In recognition of the Journal and its founder, many community leaders shared their thoughts about the man and the impact he has had.
Former Mayor Beverly O’Neill said, “I admire George. He is totally immersed in Long Beach and knows more about business and development than anyone. He has a depth of knowledge about the city.”
Jane Netherton, one of the first advertisers of the publication and former president of International City Bank added, “I was one of the most consistent advertisers from day one because George was all about getting it right — he wasn’t looking for a popularity contest. I read every edition. It was real news. It was real, in-depth coverage.”
She further said that she was looking forward to seeing how the Journal will evolve under the new ownership.
Leaving the LBBJ in new hands is bittersweet for Economides, but he said he trusts the new owners, who will operate the Business Journal and Long Beach Post. He said, “I hope, and believe the Post will keep an eye on City Hall. They have an important role as watchdogs. Someone has to keep an eye on how tax dollars are spent.”
