Prism Business Media acquires aviation industry news source.Prism 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 ) has acquired SpeedNews, Inc. (Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA), a source of news and information for executives in the aviation industry. No terms of the deal were given. SpeedNews was represented in the transaction by Whitestone Communications (New York). SpeedNews produces multiple industry market intelligence newsletters, a web site and a series of annual supplier conferences. Established in 1979, the company's products include: "SpeedNews," the company's flagship weekly newsletter covering the latest developments in the commercial and corporate aviation industry. It has a paid circulation of 60,000 aviation industry executives worldwide; "SpeedNews Defense Biweekly," a summary of military aviation news; "Aircraft Insider," a weekly e-mail publication for the aircraft trader that carries aircraft transaction news and aircraft and engine for sale/lease listings; and, "NYCU NYCU News You Can Use (US News & World Report) ," a daily online news service sent via e-mail. SpeedNews claims that its web site averages 1.3 million hits per month by over 38,000 unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. . The company also produces four annual industry supplier conferences, designed for equipment manufacturers, marketing reps, analysts and raw material suppliers. Related Prism Business Media aviation industry (Overland Park Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , KS) products include AC-U-Kwik FBO/airport directories, a web site, "The Aircraft Bluebook Aircraft Bluebook is a digest that identifies and prices more than 3,000 used general aviation aircraft and helicopter model-years available in the USA. Coverage includes avionics, airworthiness, common conversions and overhaul usage limits. ," "Air Charter Guide, The Executive Traveler Edition" and NAVPAK flight planning software. SpeedNews founder Gilbert Speed, who will continue to serve as a consultant to Prism, said that purchase "will enable us to extend our reach further into new markets for aviation products and services. We are excited about working with the Prism team on development of innovative information and editorial products for current and new customers across the entire aviation community." |
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