Speedboat Magazine Acquires PowerboatNation.com
LOS ANGELES, Calif. (Aug. 1, 2018) — The strategic pairing of Speedboat Magazine’s extensive audience with PowerboatNation.com’s enormous online presence will bring one of the largest powerboating multimedia sources to the marine industry. The acquisition will pair the traditional print magazine platform with the ultimate on-demand online web presence — including iOS and Android mobile devices — with future distribution slated via Apple TV and Roku on the horizon.
Speedboat Magazine Publisher Ray Lee announced the acquisition of PowerboatNation.com, one of the world’s foremost publishers and distributors of powerboating online media. The move builds on the recent announcement underlining the company’s commitment to establishing an unrivaled powerboating resource for fans around the world.
Reflecting on the merits of the acquisition, Lee said, “We have been the staple of the powerboating sport for over four decades, and we’re really excited to expand the availability of this treasury of content to our audiences through PowerboatNation’s platform capability. This is a significant move that will allow us to bring a universe of exclusive powerboating content to our worldwide audience via both our print magazine and PowerboatNation.com.
Speedboat Editor Brett Bayne, who has been part of the team since its inception, said he welcomed opportunity to see the two entities join forces to become an unrivaled media source in the powerboating world. The agreement, he pointed out, “will result in numerous investments and virtually guarantees the creation of jobs. There’s a great strategic alignment between Speedboat and PowerboatNation’s capacity to put our rich repository of content in front of millions more fans. The synergy will be outstanding.”