Dow Jones Announces Sale of American Demographics to Cowles Business Media.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , N.Y.--(BUSINESS WIRE)--March 24, 1997--Dow Jones & Company announced an agreement to sell its American Demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. Inc. subsidiary to Cowles Business Media Inc. Terms of the transaction were not disclosed. American Demographics, based in Ithaca, N.Y., publishes American Demographics and Marketing Tools magazines, the newsletter Forecast and a catalog of books and CD-ROMs. Cowles Business Media, a unit of Cowles Media Company, is based in Stamford, Conn. Among its products are Direct, Folio (1) Text management software for the professional reference publishing market from Fast Search & Transfer, Oslo, Norway and Boston, MA (www.fastsearch.com). Known as FAST Folio since its acquisition in 2004 from NextPage, Inc. :, Catalog Age, Promo pro·mo n. pl. pro·mos Informal A promotional presentation, such as a television spot, radio announcement, or personal appearance. , Pre, Directory World, and Cable World magazines, and Media Central Online News. "Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance is very proud to have been publisher of American Demographics for the past 15 years and pleased it will become part of Cowles Business Media, which has an excellent reputation for good management and high-quality publications," said James H. Ottaway Jr., president of Dow Jones' Magazine group. "We are also fortunate that Peter Francese, founder and president of American Demographics, will remain with Dow Jones as director of our customer database operations and director of market analysis for the company," Mr. Ottaway said. "American Demographics has earned a stellar reputation as a trusted source of information by consistently delivering valuable data to the nation's key marketers," said Dan McCarthy Dan McCarthy is the name of:
http://www.dowjones.com CONTACT: Dow Jones -- Roger May, (212) 416-2601 Cowles Business Media -- Joel Blatstein, (203) 358-4390 |
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