Canada Wide buys student-written magazine Youthink

Youthink magazine has been purchased by Canada Wide Media of Vancouver for an undisclosed amount. This, according to a story published by Masthead magazine

The 90,000 circulation monthly is written by high school students and distributed through about 400 secondary schools in British Columbia and Alberta as well as through community centres, libraries, retail outlets, coffee shops and convenience stores.

The magazine was founded in 1999 by the former teachers, the husband and wife team of Andrew Sloan and Lotte Ewald. Last year, they expanded into Alberta, but in the process, they found that, while their business expanded, the publication needed the leverage of a large company like Canada Wide. “There were certain economies of scale we weren’t able to take advantage of as a small company,” said Sloan, who is staying as publisher. Ewald is stepping back from day-to-day duties, being replaced as editor by managing editor Janine Verreault.