Paste Magazine Acquired
Today, the parent company of Wolfgang’s Vault announced that it has acquired all assets of Paste Magazine. Paste joins other Wolfgang’s Vault properties including Wolfgangsvault.com (home to the world’s largest collection of live music audio, video and merchandise), Daytrotter (the leading site for unique live performances from emerging bands), and Crawdaddy! The Magazine of Rock. The resulting group of websites boasts over 3 million visits per month.
Since its launch in 2002 Paste Magazine has grown to become one of the strongest web brands in the entertainment space. Its award-winning website, PasteMagazine.com, covers music, movies, TV, books and video games and was recently determined to have one of the 100 Most Influential Twitter Accounts by a Cornell University study.
Bill Sagan, CEO of Wolfgang’s Vault said: “We have been fans of Paste for a long time and are thrilled to bring their leadership, brand and valuable content and audience into our family. We believe that Paste’s editorial and sales strength will be a wonderful complement to our broad array of music content. We are now able to provide a comprehensive entertainment experience combining live music audio and video with classic merchandise, all wrapped with great editorial.”
“We have deep admiration for what Wolfgang’s Vault offers and are excited to join its family of companies,” said editor-in-chief and cofounder Josh Jackson, who remains in charge of Paste Magazine’s content. “They bring valuable expertise, vision, commitment and the financial stability we’ve sought for the past couple years.”
While Paste Magazine retains its editorial focus, it will relaunch with new digital subscription offerings in March of this year, coinciding with the SXSW Music, Film and Interactive Festival.
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PasteMagazine.com continues the legacy of one the most celebrated entertainment magazines in the U.S. with four National Magazine Award nominations, dozens of Plug, Folio and Gamma Awards and endorsements from USA Today, The NY Daily News and The Wall Street Journal, who called Paste “the finest among American music titles.” Paste’s highly engaged and devoted audience of entertainment lovers hungry for authenticity and creativity visits PasteMagazine.com to discover the best of what’s next in music, movies, TV, books and video games. As Utne says, “Paste brings together the best elements of the mainstream and indie press.”
Wolfgang’s Vault is the online destination for live music and houses the world’s largest collection of live concert recordings and vintage music memorabilia. Wolfgang’s Vault properties include Wolfgangsvault.com (combining thousands of live concert recordings with vintage memorabilia), Daytrotter (the leading site for unique live performances from emerging bands), Paste Magazine (comprehensive music and entertainment coverage), and Crawdaddy! The Magazine of Rock. The Wall Street Journal called Wolfgang’s Vault “ the most important collection of rock memorabilia and recordings ever assembled in one business.” www.wolfgangsvault.com
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