Golden Boy Purchases Ring Magazine September 13, 2007
Posted by Sean in Boxing News.trackback
Sports and Entertainment Publications, LLC, a Golden Boy Enterprises subsidiary, has announced the acquisition of some of Kappa Publishing Group, Inc. most popular publications. Most notably The Ring Magazine which many consider to be the lead periodical of the boxing industry. Other periodicals include KO Magazine, World Boxing, and Pro Wrestling Illustrated.
The Ring, founded in 1922, is often considered the benchmark in tabulating fighter rankings and is often cited by many media outlets.
“We have a skilled and capable team at The Ring, headed by Publisher Stu Saks and Editor-in-Chief Nigel Collins, and I have all the confidence that these magazines will not only continue to prosper, but in fact grow globally,” said Oscar De La Hoya, president of Golden Boy Enterprises. “These magazines will be held in an editorial trust where they will be operating totally independent of any influence from me or others from the Golden Boy Companies as it relates to editorial direction or content.”
“This is the kind of asset you never really own, but rather safeguard for the next generation,” said Golden Boy Chief Executive Officer Richard Schaefer. “We are proud and honored to be part of this next generation and are mindful of the responsibility trusted upon us.”

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