Friday, January 11, 2013

DNMedia Expands Stake in Luxury Market

DMNmedia, the marketing solutions group of The Dallas Morning News, Inc., has acquired the assets of DG Publishing, Inc. (DGP), a portfolio company of Elm Creek Partners, a Dallas-based private equity firm . DGP is a magazine publisher of high-end resource guides including Design GuideTexas and The Texas Wedding Guide . The purchase further strengthens the News' media portfolio in the luxury magazine segment and will complement FD Luxe, a premium lifestyle magazine targeting affluent consumers in North Texas.