Access Intelligence of Rockland, Maryland, the publishers of the high-priced media and marketing newsletter min, has purchased Red 7 Media, the owner of Folio: magazine, the magazine for magazine management. With the acquisition will come a new division, combining the Folio: and min brands, under the leadership of Red 7 Media CEO Kerry Smith and his senior management team; he becomes senior vice-president of Access Intelligence.
“The ability to round out our leading position in the consumer magazine market with Red 7’s events, online communities and a leading magazine while expanding into the dynamic events business is a truly exciting prospect for Access Intelligence, our employees and customers,” said Don Pazour, president and CEO of Access Intelligence.
Smith founded Red 7 Media in 2002 and grew the Norwalk, CT-based company into a market leader, attracting more than 7,000 executives and 500 sponsors to its events and more than 800,000 unique visitors to its Web sites. Other Red 7 brands include Event Marketer, Event Design, Audience Development, Expo and Best Events.