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Seattle Entrepreneur to Relaunch Seattle Magazine
Thursday 05 March 2020

5 March 2020 - Seattle entrepreneur, author and philanthropist Jonathan Sposato has acquired Seattle Magazine from Tiger Oak Media to return ownership and editorial control of the publication back to Seattle from Minneapolis, Sposato said.

Terms of the transaction were not disclosed.

The transaction is expected to close shortly, with the first issue under Sposato's leadership hitting newsstands and online in late spring.

Sposato intends to redefine the conversation around Seattle and grow Seattle magazine's focus.

Additionally, he plans to scale the publication's digital presence and expand Seattle magazine's existing team to support growth.

Seattle magazine celebrates the spirit of Seattle and its unique community through stories on arts, culture, lifestyle, travel, policy, news, events and more. 

Sposato is currently chairman of GeekWire.com, the region's top technology news site, and PicMonkey, an online photo editing services.

In 2017, Sposato authored the book on gender equity Better Together: 8 Ways Working with Women Leads to Extraordinary Products and Profits.
Details
Date Published: 05/03/2020
Target: Seattle Magazine
Country: USA
Sector: Media
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor: Tiger Oak Media
Buyer: Jonathan Sposato
Comment:
Terms of the deal were not disclosed

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