Schneps Communications acquires Community News Group, NYC Community Media

Schneps Communications, a family-run business owned by Victoria and Joshua Schneps, has acquired Community News Group and NYC Community Media, one of the largest publishers of community newspapers, niche publications, websites and events in New York State.

The newly combined company will be known as Schneps Community News Group and will have a total printed weekly circulation of more than 300,000 copies, a digital reach of more than 2.5 million page views per month, and host more than 40 events every year, according to a news release on the sale from Cribb, Greene & Cope, who advised the sellers on the transaction.

“We will clearly have the largest reach of any local media company in New York City across print, digital, and events,” said Joshua Schneps, SCNG CEO.

CNG and NYCCM was owned and operated by husband-and-wife team of Les and Jennifer Goodstein. Les was a News Corp executive who led the initial formation of CNG through a series of acquisitions, while Jennifer acquired NYCCM, with its group of titles in Manhattan, from its previous owner. In 2014 Les and Jennifer acquired CNG from News Corp.

Schneps Communications has grown since the founding of The Queens Courier, by Victoria Schneps in her home in 1985, to become a publisher of community newspapers, leading digital websites and assets, business-to-business events, and live events.

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