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iacas

Golf Digest Bought by Discovery Channel

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I hav not purchased that magazine in a decade, or so. I may have look at an issue here, and there during the years.

Way back then,  I found it to be more advertisements than providing beneficial information. 

Perhaps after this sale, I will look at it again. 

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It used to come free as part of my Association dues, but that stopped last year sometime for some reason. No big loss.

You'd get a couple of interesting stories out of it, but nothing not readily available on the internet.

 

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A little over a year ago, I paid $10 for a year's subscription.  I previously subscribed (most of my subscribing was a free year that came with going to a golf show I used to go to every year) and had really liked it, stopped in 2012 or so.  I didn't even read most of the issues that came in and I did not renew.  It also came with a ... golf organizer thing for the trunk of my car that is still sitting on a table in my living room. 

If others on this forum suggest it, I'll try again with the new ownership.  

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Conde Nest paid 430 million USD and sold it for 30. Ouch. Granted, 430 in 2001, before digital advertising and all that. GD was owned by the NYT at one point. It remains to be seen how this plays out, but 30 is not a lot, duh. Discovery gets more access to playing editor Tiger Woods, the domain name golfdigest.com, the legacy eyeballs that comes w/the Golf Digest name. The sales structure that involves the PGA Tour is interesting as well. Looks like Discovery wants to get into sports broadcasting? I dunno, just playing armchair quarterback.

 

Golf-Digest-Discover-GolfTV-logo.jpg

Sale marks just the third ownership change since Golf Digest's founding in 1950
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Discovery is buying Golf Digest from Condé Nast for an estimated $30 million, expanding its reach beyond its golf-streaming sweet spot, according to sources close to the situation. The deal, in which

 

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