Economist Group buys Congressional Quarterly

LONDON - The Economist Group has acquired the privately-owned publisher of US political magazine, Congressional Quarterly.

Roll Call: Washington title
Roll Call: Washington title

The Economist will merge Congressional Quarterly, which produces a number of publications reporting primarily on US politics, with its other Washington publishing title, Roll Call.

Congressional Quarterly is owned by the Times Publishing Company, which also owns Florida publication The St Petersburg Times.

The publisher was put up for sale in January by The Poynter Institute, the non-profit education enterprise that owns the Times Publishing Group.

The Economist Group, whose flagship publication is the Economist magazine, earns the bulk of its revenues from outside ad-funded services, like data services.

Andrew Rashbass, chief executive of The Economist Group, said: "Adding CQ to our portfolio means we will be able to offer comprehensive information and analysis to customers."

Congressional Quarterly's titles include CQ Weekly, CQ Today, CQ Politics, CQ Moneyline and CQ Homeland Security.

No financial details of the deal were disclosed.

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

My Media Week: Clare Hill

My Media Week: Clare Hill

Clare Hill, managing director of the Content Marketing Association, prepares for the body's International Summit and awards, and has a pair of killer heels to break in.

Share
Which party will use outdoor effectively to lead the 2015 election agenda?

Which party will use outdoor effectively to lead the 2015 election agenda?

Will fear or cheer carry the most impact on voters and the wider media next year? asks Naren Patel, chief executive of Primesight.

Share
BBC plots £18m media consolidation

BBC plots £18m media consolidation

The BBC has expanded plans to review its £5 million media account to include the planning and buying business for BBC Orchestras, BBC Worldwide, World Service and Global News.

Share

Get news by email