Friday, February 08, 2008

Fab, the gay magazine bought
by Xtra the gay newspaper

Pink Triangle Press, the publishers of Xtra, the gay newspaper, have bought Fab, Toronto's bi-weekly gay lifestyle and entertainment mag. No price was revealed.According to a story in Media in Canada, the deal closes on Feb. 25.

Pink Triangle is also publisher of the Ultimate Pride Guides in Toronto, Vancouver and Ottawa, as well as international gay travel mag The Guide. The combined circulation of PTP's print pubs is now 156,000, with a reach of about 275,000 monthly readers.

Brandon Matheson, publisher and editor-in-chief of PTP's eastern publishing division, says Fab is "highly complementary to Xtra, bringing us both a slightly different readership and style of publication. The addition of Fab allows us to expand the ways we engage our audiences, as well as provide advertisers and marketers a greater range of options and access to the gay community."

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