Atlantic Media, Inc. is an American print and online media company owned by David G. Bradley and based in the

Watergate complex The Watergate complex is a group of six buildings in the Foggy Bottom neighborhood of Washington, D.C., United States. The complex includes a development of Housing cooperative, cooperative apartment residences. It also includes a hotel and an o ...

Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...

It held numerous publications and businesses. Since 2020, it holds a minority stake in ''

The Atlantic ''The Atlantic'' is an American magazine and multi-platform publisher based in Washington, D.C. It features articles on politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 185 ...

'', a print and online publication that also holds themed events, and offers business intelligence and consulting services through its National Journal Group subsidiary. Founded in 1997 when Bradley purchased the National Journal Group, the company expanded for three decades by launching several new publications and acquiring others. It began to slim down in 2017 when Bradley sold a majority stake in ''The Atlantic'' to Emerson Collective, and continued by selling ''

Quartz Quartz is a hard, crystalline mineral composed of silica (silicon dioxide). The Atom, atoms are linked in a continuous framework of SiO4 silicon–oxygen Tetrahedral molecular geometry, tetrahedra, with each oxygen being shared between two tet ...

'' in 2018, ''CityLab'' in 2019, and the Government Executive Media Group subsidiary with its four publications and websites in 2020.

History

20th century

Bradley began his foray into publishing in 1997 by purchasing the National Journal Group, which published ''

National Journal ''National Journal'' is an advisory services company based in Washington, D.C., offering services in government affairs, advocacy communications, stakeholder mapping, and policy brands research for government and business leaders. It publishes ...

'', ''

The Hotline ''The Hotline'' is a daily political briefing published by Atlantic Media from its headquarters at the Watergate complex in Washington, D.C. Founded in 1987, It is currently led by editor-in-chief Kirk Bado and published independently until it ...

'', ''National Journal Daily'' (previously known as ''Congress Daily''), and ''Technology Daily''. The group also published books and directories, including the biennial '' Almanac of American Politics''.

21st century

In 2000, he acquired ''

''. After first vowing to leave the magazine in

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

, he moved the headquarters to Washington, D.C., in 2005. He also acquired ''

Government Executive ''Government Executive'' is an American media publication based in Washington, D.C., that covers daily government business for civilians, federal bureaucrats, and military officials. ''Government Executive'' is part of GovExec, which is owned ...

'', which later created ''Nextgov'', aimed at government leaders in IT; ''Defense One'', aimed at national security leaders; and ''Route Fifty'', aimed at leaders in state and local governments. In 2012, the company launched ''Quartz'', one of the first websites designed from the start to serve mobile readers. On July 28, 2017, ''The Atlantic'' announced that Bradley had sold majority ownership of the publication to

Laurene Powell Jobs Laurene Powell Jobs ( Powell; born November 6, 1963)United States birth records is an American billionaire businesswoman executive and philanthropist. She is the widow of Steve Jobs, who was the co-founder and former CEO of Apple Inc., and she m ...

, the widow of former

Apple Inc. Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Comput ...

chairman and CEO

Steve Jobs Steven Paul Jobs (February 24, 1955 – October 5, 2011) was an American businessman, inventor, and investor best known for co-founding the technology company Apple Inc. Jobs was also the founder of NeXT and chairman and majority shareholder o ...

, through her Emerson Collective organization. ''

The Washington Post ''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington m ...

'' reported that Emerson Collective planned to move to full ownership in "three to five years". In 2018, Bradley sold ''Quartz'' to Uzabase, a Japanese financial publisher, in a deal that valued the publication up to $110M. In December 2019, Bradley sold ''Citylab'' for an undisclosed sum to

Bloomberg L.P. Bloomberg L.P. is an American privately-held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Ze ...

In March 2020, Bradley sold Government Executive Media Group, including its publications ''Government Executive'', ''Nextgov'', ''Defense One'', and ''Route Fifty'', for an undisclosed sum to Growth Catalyst Partners, a private equity firm based in Chicago.

References

External links

* Mass media companies based in Washington, D.C. {{US-media-company-stub

History

20th century

21st century

See also

References

External links