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03/19/2002 - CurtCo Robb Media, TD Capital Seek New Titles

Announcement Marks Latest Move by Robb Report Parent

MALIBU, CA–CurtCo Robb Media and private equity group TD Capital Communications Partners have announced plans to acquire and launch a variety of new vertical titles within the industry categories addressed by their flagship publication.

CurtCo and TD Capital intend to acquire magazines within the luxury categories covered by Robb Report which include, among others, automobiles, yachts, private aviation, real estate, home theater, interior design, fashion, jewelry, travel and epicurean life. “We plan to build upon the marvelous Robb Report platform through related acquisitions,” explained CurtCo Robb Media CEO William J. Curtis. “We’ve been fortunate to team up with TD Capital whose expertise in the sector is invaluable. Our combined forces will allow us to proceed with strong momentum.

“In our first nine months, we have focused on making significant improvements in our existing titles,” Mr. Curtis further stated. “That job is largely behind us and given the unique positioning of our brand, expansion is the next step in our plans for building CurtCo Robb Media’s status as the ultimate source serving the highest demographic audience.”

Since the acquisition of Robb Report in June 2001, CurtCo Robb Media has implemented a number of enhancements to strengthen the magazine’s top quality image and content including an upgrade in the magazine’s paper and production, a new, highly focused quality editorial format, an increase in editorial content from 30 percent to 50 percent, and investments in circulation.

Leveraging the brand recognition of its flagship title, CurtCo Robb Media launched The Robb Report Collection in January 2002. This special interest publication covers the finest in real estate and home design on a bimonthly basis, while focusing on premium new, classic and vintage automobiles in alternate months.

The company’s advertising efforts have been bolstered by the appointment of Publisher Ernest J. Renzulli in January, the opening of a New York City office, and the addition of a team of seasoned luxury market professionals, providing CurtCo with a significant presence in the nation’s advertising capital.

“We’ve been fortunate to back a ‘top-notch’ management team at CurtCo,” said Marc Michel, TD Capital partner and CurtCo Robb Media board member. “Their performance in cementing ‘The Robb’ places us in a strong position to initiate further acquisition and launch plans.”

CurtCo Robb Media
CurtCo Robb Media (CRM) is operated by CurtCo Media Labs, which for more than two decades has built publishing companies. CurtCo has launched or acquired 26 magazines during this period. In alliance with TD Capital Communications Partners, CurtCo acquired Robb Report in June of 2001, and formed CurtCo Robb Media. CRM launched The Robb Report Collection in January of 2002, redeveloped www.robbreport.com, and maintains offices in Malibu, New York City and Boston.

TD Capital Communications Partners
Established more than 30 years ago, TD Capital is the private equity arm of TD Securities, the wholesale banking division of the TD Bank Financial Group. TD Capital has approximately $1.9 billion of capital under management through its offices located in Canada, the United States and the United Kingdom. TD Capital Communications Partners, an investment group within TD Capital, targets compelling investment opportunities in the media and communications sectors in the United States and Europe. TD Capital Communications Partners has approximately 20 investment professionals in its New York and London offices. For more information on TD Capital and its investment groups, go to www.tdcapital.com.

 

MEDIA CONTACTS:

Jeff Perlman
Brandware Public Relations
office - 818.706.1915
cell - 818.317.3070
jperlman@brandwaregroup.com

Michael Sherman/TD Securities
(416) 308-4107

 
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