{"id":168620,"date":"2022-03-02T15:00:18","date_gmt":"2022-03-02T20:00:18","guid":{"rendered":"https:\/\/www.jewishexponent.com\/?p=168620"},"modified":"2022-03-02T15:00:18","modified_gmt":"2022-03-02T20:00:18","slug":"jewish-exponent-sold-to-mid-atlantic-media","status":"publish","type":"post","link":"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/","title":{"rendered":"Jewish Exponent Sold to Mid-Atlantic Media"},"content":{"rendered":"
\"\"
A 2017 issue of the Jewish Exponent that commemorated the paper’s 130th anniversary by featuring the original 1887 masthead. Photos by Andy Gotlieb<\/figcaption><\/figure>\n

Mid-Atlantic Media, LLC, bought, effective Feb. 28, the 135-year-old Jewish Exponent from the Jewish Publishing Group, a subsidiary of the Jewish Federation of Greater Philadelphia.<\/p>\n

The terms of the deal were not disclosed.<\/p>\n

Mid-Atlantic Media, which is based near Baltimore, pledged to maintain local news operations for the Exponent, which is the second-oldest continuously published Jewish newspaper in the United States.<\/p>\n

Mid-Atlantic Media CEO and Publisher Craig Burke said that the acquisition fits in well with the company\u2019s strategic plans.<\/p>\n

\u201cThe Jewish Exponent has always been one of the preeminent Jewish publications in the country,\u201d he said. \u201cSeven years ago, we considered it an honor and privilege to help provide custom media services to the Jewish Exponent. Now, the opportunity to acquire the Exponent and bring it into our corporate media portfolio is a true thrill.\u201d<\/p>\n

The Exponent was founded by 43 prominent Philadelphians and debuted on April 15, 1887, at 14 pages with sermon recaps, synagogue updates, society tidbits and foreign news. Over time, the paper grew in size, adding opinion columns, obituaries, debates about Zionism and extensive coverage of major world events.<\/p>\n

When the paper floundered financially in the 1940s, real estate magnate Albert M. Greenfield bought it and turned it over in 1944 to the Allied Jewish Appeal \u2014 the precursor of the local Jewish Federation.<\/p>\n

In 1962, The Philadelphia Inquirer touted the paper as \u201cthe largest Anglo-Jewish weekly in the United States.\u201d It averaged around 40 pages per issue then and grew as large as 100 pages per issue in the late 1980s.<\/p>\n

The Jewish Federation addressed the paper\u2019s sale in a letter to the Jewish community.
\n\u201cWe are immensely proud to have been the stewards of our community\u2019s news for nearly eight decades and are excited that such a powerhouse in the Jewish publishing business will now take over the reins,\u201d the letter reads.<\/p>\n

\u201cImportantly, this change in ownership will also enable the Jewish Federation to have greater human and financial resources dedicated to serving the community. In the months and years to come, the Jewish Federation will continue to address the community\u2019s most critical needs while also partnering with the many thriving Jewish agencies, schools and synagogues to ensure a vibrant, inclusive and welcoming Jewish community of Greater Philadelphia for generations to come.\u201d<\/p>\n

\"\"
The Jewish Exponent in 1943<\/figcaption><\/figure>\n

Jewish Federation and President Michael Balaban said the move makes sense for multiple reasons.<\/p>\n

\u201cIt\u2019s a business you (Mid-Atlantic Media) should be in, and we shouldn\u2019t be in,\u201d he said. \u201cOrganizations like ours have to focus on what we do best.\u201d<\/p>\n

Balaban noted that the trend has been away from Federations owning papers \u2014 most have already divested themselves.<\/p>\n

For the local Jewish Federation, three factors came into play, Balaban said. Aside from Jewish Federation not being a good fit in the publishing industry, the paper was operating at a loss, leaving less money available for the organization\u2019s core purposes. And in today\u2019s highly polarized world, it\u2019s hard to please everyone, he said.<\/p>\n

He said conservatives called the paper too liberal, while liberals complained the paper was too conservative. Some organizations thought they weren\u2019t featured enough in the paper, while others opposed stories they thought weren\u2019t favorable.<\/p>\n

\u201cOur steadfast commitment to engage, educate, entertain and connect Jews across the religious, political, demographic and geographic spectra of our community has never wavered,\u201d Jewish Federation said in its statement. \u201cHowever, the ever-changing landscape of print media can make owning a local Jewish newspaper challenging to maintain. In Mid-Atlantic Media, the paper will have proven experts in the field focusing on its growth, development and relevance in the marketplace.\u201d<\/p>\n

For those that receive the Jewish Exponent as a gift from Jewish Federation for a donation once made to the Jewish Community Fund, that will continue. Mid-Atlantic Media will contact subscribers occasionally to update contact information.<\/p>\n

Mid-Atlantic Media first became associated with the Exponent in 2015 when it was hired to operate the paper\u2019s editorial and production departments.<\/p>\n

\"\"
The Jewish Exponent in 1981<\/figcaption><\/figure>\n

\u201cJewish publications build and strengthen Jewish community with their content, both in print and digitally,\u201d Burke said. \u201cWe look forward to providing valuable content to Jewish readers in the Greater Philadelphia area and helping our advertisers grow their business.\u201d
\nIn addition, in 2021, Mid-Atlantic Media bought Philadelphia-based parenting magazine MetroKids.<\/p>\n

The company also publishes Baltimore\u2019s Child, Baltimore Jewish Times, Baltimore Style, Consumer\u2019s Eye Magazine, Frederick\u2019s Child, Home Services Magazine, Montgomery Magazine, Washington Family and Washington Jewish Week.<\/p>\n

The company also operates a substantial national custom media division providing services to clients throughout the Mid-Atlantic region; Key West, Florida; Pittsburgh; New York; San Francisco; and Scottsdale, Arizona.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mid-Atlantic Media, LLC, bought, effective Feb. 28, the 135-year-old Jewish Exponent from the Jewish Publishing Group.<\/p>\n","protected":false},"author":1234,"featured_media":168621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78,7,8],"tags":[12947,13806],"section":[],"coauthors":[2350],"yoast_head":"\nJewish Exponent Sold to Mid-Atlantic Media - Jewish Exponent<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jewish Exponent Sold to Mid-Atlantic Media - Jewish Exponent\" \/>\n<meta property=\"og:description\" content=\"Mid-Atlantic Media, LLC, bought, effective Feb. 28, the 135-year-old Jewish Exponent from the Jewish Publishing Group.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/\" \/>\n<meta property=\"og:site_name\" content=\"Jewish Exponent\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/jewishexponent\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-02T20:00:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.jewishexponent.com\/wp-content\/uploads\/2022\/03\/exponent-2017-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2103\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Andy Gotlieb\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jewishexponent\" \/>\n<meta name=\"twitter:site\" content=\"@jewishexponent\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andy Gotlieb\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/\"},\"author\":{\"name\":\"Andy Gotlieb\",\"@id\":\"https:\/\/www.jewishexponent.com\/#\/schema\/person\/e55210f202603adbb62435ad1fc43b80\"},\"headline\":\"Jewish Exponent Sold to Mid-Atlantic Media\",\"datePublished\":\"2022-03-02T20:00:18+00:00\",\"dateModified\":\"2022-03-02T20:00:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/\"},\"wordCount\":818,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/www.jewishexponent.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.jewishexponent.com\/wp-content\/uploads\/2022\/03\/exponent-2017-scaled.jpg\",\"keywords\":[\"Jewish Exponent\",\"Mid-Atlantic Media\"],\"articleSection\":[\"Featured Stories\",\"Headlines\",\"Local\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/\",\"url\":\"https:\/\/www.jewishexponent.com\/jewish-exponent-sold-to-mid-atlantic-media\/\",\"name\":\"Jewish Exponent Sold to Mid-Atlantic Media - 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