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
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
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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