Journalism Online with its Press+ offering, which enables publishers to seamlessly integrate an innovative paid content engine with their web sites, has been sold to R.R. Donnelley & Sons, a global provider of integrated communications with more than 60,000 customers worldwide.
Journalism Online's Press+ system supports publishers as they offer audiences a mix of free and subscription-based premium content. The company is managed by two of its co-founders: Steven Brill, founder of The American Lawyer magazine and Court TV; and L. Gordon Crovitz, a former Wall Street Journal publisher.
The Jordan, Edmiston Group, Inc. of New York, the leading independent investment banking firm for the media, information, marketing services and technology sectors, represented Journalism Online in this transaction and acted as its exclusive financial advisor.
(www.journalismonline.com, www.rrdonnelley.com, www.jegi.com)