A group of local entrepreneurs is buying the Ottawa Business Journal.
Ottawa Business Journal newspaper cover
Mark Sutcliffe, one of the founders of OBJ and its publisher until 2002, Michael Curran, who has been publisher since 2002, and Donna Neil, a former executive with OBJ, are teaming up to acquire the newspaper and its related products and events from Transcontinental Media.
As a result of the transaction, OBJ will become part of Great River Media Inc., an Ottawa company that publishes the Kitchissippi Times community newspaper, the national running magazine iRun and the Ottawa Chamber of Commerce magazine The Voice.
Great River Media was launched in 2003 by Mr. Sutcliffe and Ms. Neil. With the acquisition of OBJ, Mr. Curran will become a partner in Great River Media and will assume the role of president of the company.
“I’m thrilled that we’re adding OBJ to Great River Media,” said Mr. Sutcliffe. “Obviously I have had a long connection to the newspaper, I know how important it is to the business community, and I see great potential for OBJ in the years ahead.”
“It’s great that OBJ is returning to local ownership and I’m really happy to be joining Mark and Donna at Great River Media,” said Mr. Curran. “We all worked together at OBJ in the past and we’re very excited about building on OBJ’s successful track record in this community.”
The transaction takes effect on August 18th. In addition to the Ottawa Business Journal newspaper and website, Great River Media is acquiring the magazines Ottawa Technology, Ottawa HR, Meeting in the Capital, the Book of Lists and Ottawa at Home and the following events: Forty Under 40, CEO of the Year, the Employees’ Choice Awards, the Ottawa Business Summit and the Mayor’s Breakfast Series.