Thursday, April 25, 2013

SF Examiner Co-Owners Buy A Portion of Leading LGBT Publication

By Robert Gammon
Thu, Apr 25, 2013 at 11:22 AM

Todd Vogt and Pat Brown, who operate the San Francisco Examiner, the San Francisco Bay Guardian, and the SF Weekly, are purchasing a 49 percent stake in the Bay Area Reporter, the region’s leading LGBT publication, according to a report in the Bay Area Reporter. Under the deal, the current owner of the Bay Area Reporter, the Bob Ross Foundation, along with the paper’s general manager, Michael Yamashita, will own a 51 percent stake in the paper and will control its editorial direction.

Todd Vogt
  • Todd Vogt
According to the Reporter, Vogt and Brown are doing the deal on their own, and not as part of the San Francisco Newspaper Company, which purchased the Examiner, the Bay Guardian, and the SF Weekly in succession over the past year and a half. Vogt and Brown also own interests in those papers, and while the Bay Area Reporter will not officially be part of that newspaper group, the papers will share in production, advertising, and distribution, enabling the Bay Area Reporter to save money and potentially expand, while giving the newspaper group access to LGBT readers and advertisers that they don’t currently have.

Since arriving in the Bay Area, Vogt — a former Canadian resident and executive for Black Press, a Vancouver-based newspaper chain — has made it clear that he intends to buy local newspapers at time when the newspaper industry continues to struggle. According to reports, Vogt and his investment team nearly purchased the Santa Rosa Press Democrat last year before a group of Sonoma County investors bought the paper.

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