E.Republic Acquires Times Publishing’s Governing Magazine

St. Petersburg, FL (AHN) – The Times Publishing Co. agreed Friday to sell Governing magazine to California media company e.Republic for an undisclosed price.

Governing began publishing in 1987 and claims governors, mayors, lawmakers, local council members and policy advisers among its 85,000 readers.

The Sacramento, CA, based e.Republic publishes Government Technology magazine and operates several web sites concerned with state and local government and education. It also runs the Center for Digital Government, a national research and advisory institute.

Times Publishing publishes the St. Petersburg Times, a free daily tabloid, business magazine Florida Trend and the political fact-finding web site PolitiFact.com.

E.Republic’s chief operating officer, Paul Harney, said in a joint statement that the acquisition creates the largest media firm providing news, research and analysis of the $2.9 trillion state and local government market.

“The Times Publishing Company takes great pride in Governing, which we nurtured from its inception 22 years ago into the powerful brand it is today,” said Times vice president Andrew Corty. “As part of this combination, Governing has a bright future educating and informing its senior-level readership across the nation.”

This is the second publication Times Publishing has sold this year. In July, Congressional Quarterly was acquired by the Economist Group, which publishes Roll Call magazine.

The deal will close after Thanksgiving.

Governing will maintain its offices in downtown Washington, D.C., under the same editorial leadership, according to the statement.