'EVANS-NOVAK POLITICAL REPORT' AND 'EVANS-NOVAK TAX REPORT' JOIN PHILLIPS PUBLISHING
'EVANS-NOVAK POLITICAL REPORT' AND 'EVANS-NOVAK TAX REPORT'
JOIN PHILLIPS PUBLISHING
POTOMAC, Md., Nov. 8 /PRNewswire/ -- Phillips Publishing, Inc., has acquired two respected newsletters from prominent journalists Rowland Evans Jr. and Robert D. Novak: "Evans-Novak Political Report" and "Evans-Novak Tax Report."
The team of Evans & Novak will continue to write and edit the two newsletters. The acquisition was announced jointly today by Evans & Novak and John W. Farley, vice president of Phillips Publishing.
"Evans-Novak Political Report," now in its 25th year, is a biweekly newsletter providing an unparalleled look into the world of politics. The newsletter is acclaimed for its hard-hitting analysis and its uncanny predictions on the outcome of political campaigns.
The "Evans-Novak Tax Report," a biweekly newsletter in its eighth year of publication, provides incisive political commentary on all aspects of fiscal and monetary policy including inside reports on actions by the Federal Reserve, Treasury Department and other key agencies.
Farley, vice president and Group publisher, said that Phillips Publishing is delighted to be joining forces with Evans & Novak to produce the two newsletters.
"With their long years of experience in covering national politics, Evans & Novak go beyond the breaking news to provide unequaled analysis of major political events and key tax issues," Farley said. "Their editorial expertise, combined with our publishing resources, will guarantee the continued growth of these newsletters in the years ahead."
"We are excited about our new relationship with Phillips Publishing," Evans & Novak said, "and look forward to a long partnership with the nation's premier newsletter publisher."
A 17-year-old company headquartered near the nation's capital, Phillips Publishing has a history of rapid growth. For the fiscal year ending June 30, the company reported revenues of $62 million, up 32 percent from the previous year.
Phillips Publishing is one of the largest newsletter publishers in the country, with over 50 business and consumer-oriented newsletters, and a host of related informational directories. In recent years, the firm has also moved into magazine publishing with titles in the defense, aviation, energy and telecommunications fields.
/CONTACT: John W. Farley, vice president, Phillips Publishing, Inc., 703-522-8333, ext. 3002/ CO: Phillips Publishing, Inc. ST: Maryland IN: PUB SU: DC -- DC015 -- 2675 11/08/91 15:38 EST