Jim and Mary-Jane Rennie have sold Rennie Publications Inc. to Bruce Morrison, formerly an executive with the Southam Magazine and Information Group -- one of Canada's largest publishing entities. Robert Lauder, formerly with the Automotive Publications Group at Southam, has been hired by Morrison as VP of sales and marketing. Jim Rennie told SNEWS®, "MJ and I are very happy and thought the arrangement was very fair to both parties. It was time for us to take our properties to a different level and the only way to do that was to take on financial obligations that would place a significant personal burden on us, as well as hire folks in areas we did not have expertise in." Rennie also told us that he and MJ would remain with the group as editors. The rest of the Rennie team will also remain. SNEWS® View: Congratulations, Jim and MJ. We trust they both earned a nice return on their efforts on a publication that is so strongly regarded in Canada. We also trust that the new owner, who no doubt has strong publishing skills, has some real outdoor and sports business experience as well.
Did you hear?... Jim Whittaker lends his name and image to Altrec.com
Jim Whittaker, the first American to summit Everest and the former president of REI, is lending his name and image to Altrec.com in a two-year cross-promotional deal inked earlier this week. Shannon Stowell, VP of business development for Altrec, told SNEWS® that the deal ...read more