OLD Media Moves

North Carolina biz journal has new part owner

May 17, 2013

Posted by Chris Roush

The parent company of the Greater Wilmington Business Journal and Wilma magazine has a new part owner, officials announced Thursday.

Vicky Janowski of the paper writes, “Robert Preville now owns half of SAJ Media LLC along with Rob Kaiser, according to a statement from Kaiser, who purchased the publications in 2007.

“Preville said the deal was finalized Wednesday for an undisclosed amount.

“Kaiser said the partnership would help strengthen the publications’ reach into new formats.

“What publishers need these days are geeks, and the Business Journal and Wilma now have a super-geek,’ Kaiser said in the statement. ‘RB [Preville] has a rare combination of technology and business talents. He not only pounds out the code that powers his companies, he’s also very sharp at business strategy, building sales operations, marketing and customer service.'”

Read more here.

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