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New York/Atlanta/Aspen, October 1, 2012 – MODERN LUXURY announces the acquisition of ASPEN Magazine, a publication long recognized as an editorial leader in the worlds of luxury and adventure. Janet O’Grady, previous owner, will remain editor-in-chief of ASPEN Magazine.

ASPEN Magazine joins MODERN LUXURY during a period of rapid growth for the company, which recently announced plans to launch a magazine in the Hamptons next summer and currently publishes 40 titles in 12 of the U.S.’s most affluent cities.

“ASPEN Magazine is the perfect addition to the MODERN LUXURY brand and its portfolio of titles,” said Ms. O’Grady. “The cities where MODERN LUXURY has strong titles, like New York, Los Angeles, Chicago, Miami, Dallas and Houston, forinstance, 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.”

“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.”

“ASPEN Magazine is a natural fit for Modern Luxury,” said Michael Dickey, CEO of MODERN LUXURY, “and we are thrilled to have it as part of our growing footprint of regional magazines. With Janet continuing at the helm, readers and advertisers can be assured that ASPEN Magazine will continue as the market leader, bringing them the very best in luxury and adventure.”

Founded in 1973, ASPEN Magazine is the embodiment of ASPEN lifestyle and a necessity for ASPEN residents and visitors. Publishing six issues a year, ASPEN Magazine features culture, fashion, travel, fine dining, health, local personalities, sports and year-round outdoor activities. Boasting an impressive list of local and national readers and advertisers, ASPEN Magazine reaches 100,000 total readers per issue.

ABOUT MODERN LUXURY
MODERN LUXURY is the preeminent luxury lifestyle publisher in the United States, with 40 titles across 12 major cities—reaching more than 6 million affluent readers. Whether it’s a revealing celebrity profile, a special feature on the chicest trends in design, cutting-edge fashion spreads or an in-depth review of city hot spots, MODERN LUXURY excels in capturing the very best of metropolitan living.

Contact:  Jackson Izzo    Jackson@goldinsolutions.com    212.319.3451 x642

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