National publisher buys Aspen Magazine
October 2, 2012
Aspen Magazine has a new owner.
National magazine publisher Modern Luxury announced Monday that it has acquired Aspen Magazine, which launched in 1973. Janet O’Grady, the previous owner, will remain the editor-in-chief, according to a statement.
“Aspen Magazine is the perfect addition to the Modern Luxury brand and its portfolio of titles,” O’Grady said in the statement. “The cities where Modern Luxury has strong titles, like New York, Los Angeles, Chicago, Miami, Dallas and Houston, for instance, also happen to be Aspen’s biggest markets, a fact very important to both our local and national advertisers.
“I’m excited to be part of a company that is bullish on great content and print and is staying ahead of the curve in integrating print with digital platforms in these game-changing times. I look forward to continuing to curate and discover the best choices for our loyal readers.”
Aspen Magazine is part of Modern Luxury’s expansion plans that include the launching of a magazine in the Hamptons next summer. Modern Luxury currently publishes 40 titles in 12 of the U.S.’ most affluent cities.
“I have been fortunate to know Janet since she purchased the magazine more than 20 years ago and have continued to be amazed by the stories she has broken and the overall quality of the product,” said Alan Klein, group publisher of Modern Luxury. “Janet has developed a brand that is recognized across the U.S. for its ability to attract the attention of some of the most important and influential people in the country.”