Mississippi’s Journal Inc. buys the MBJ

JACKSON — Tupelo-based Journal Inc. has announced it has acquired the assets of Mississippi Business Journal, the state’s leading business publication, from Minnesota-based The Dolan Company.

Journal Inc. CEO/President/Publisher Clay Foster announced the completion of the deal this week to the leadership and staff of the Mississippi Business Journal.

“We are excited to welcome the MBJ as the newest team members of Journal Inc.,” Foster said. “The MBJ is a great institution and a powerful brand in the state, and we look forward to working closely with the MBJ team to make the products and services provided even better for our customers.

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“We believe in the future of the MBJ, and we believe the future is one that holds tremendous growth potential.”

Based in Jackson, the 33-year-old weekly newspaper has a print circulation of 5,400 and averages more than 70,000 unique visitors monthly to its website, msbusiness.com.

The MBJ also publishes the quarterly Construction Mississippi, the quarterly Come See Us and a dozen other special publications on technology, law, real estate, small business, education and health care.

The MBJ produces the soon-to-be 30-year-old annual Mississippi Business and Technology EXPO and also publishes the annual NEXT: A Guide to Life After High School, distributed statewide to 40,000 high school students in partnership with the Mississippi Department of Education.

In addition to its msbusiness.com, the company also operates web sites msnext.com, bestplacestoworkinms.com, and a daily news bulletin delivered by email to approximately 3,200 business subscribers.

Foster says Alan Turner will remain as the publisher of the MBJ. Additionally, there will be no changes in the leadership structure at the Mississippi Business Journal.

Foster says the MBJ will retain its staff and will remain in its current offices at 200 North Congress Street, Suite 400 in Jackson.

Privately held Journal Inc.’s flagship operation is the Northeast Mississippi Daily Journal, a 35,000 circulation daily newspaper in Tupelo. With the MBJ, Journal Inc. will now publish 20 weekly newspapers, The company is unique in that it is owned by the nonprofit CREATE Foundation.

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