Modern Luxury Magazines, of the acclaimed DC Magazine, is on the rise as the largest publisher of city magazines in the United States, today announced it has acquired Juli B. Inc, publisher of julib.com, the online luxury and lifestyle brand distributing content via email to upwards of fourteen cities and 700,000 readers. The acquisition is a significant first move by Modern Luxury in a series of planned digital initiatives that will deliver new and engaging content and interactions between Modern Luxury's readers and advertisers. Terms of the deal were not disclosed.
Additionally, as Modern Luxury readies for the September launch of Manhattan magazine, the strong julib.com following in the New York media market will open access to new advertisers for the company's growing portfolio.
Kudos to the entire ML team.
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