Owner of American Woodworker Acquires WOODWORK

Consumer enthusiast magazine publisher, New Track Media, expands its commitment to the woodworking category with purchase of special interest magazine, WOODWORK.

Cambridge, MA, August 18, 2008 - Cambridge, MA, August 18, 2008 – New Track Media LLC, the consumer enthusiast publisher that owns American Woodworker, one of the largest magazines in the woodworking category, announced today that it has acquired WOODWORK from Ross Periodicals, Inc. of Novato, CA. “We see this as a logical extension of our commitment to the woodworking subject area, and we expect to continue operating the magazine as an important print resource for woodworking enthusiasts,” commented Stephen Kent, President of New Track Media. “We are proud to continue publishing WOODWORK and to continue its mission to provide artistic, professional and fine craft focus editorial to woodworkers of all skill levels.”

“We are excited about the acquisition of WOODWORK. It provides another platform to reach the woodworking marketplace and expand our ability to talk to woodworkers of different skill and interests”, commented Joel Toner, New Track Media’s Vice President and Publishing Director. “Through American Woodworker and WOODWORK, as a company we are now even more strongly positioned to reach the broad audience of woodworkers with information that's both useful and inspirational.”

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About New Track Media
New Track Media was formed in 2006 by Stephen J. Kent and Boston Ventures for the purpose of building up a premier consumer enthusiast publishing platform in a range of special interest subject areas. In its first year, the company completed three acquisitions: Sky Publishing, the leading publisher of astronomy periodicals and books, headquartered in Cambridge (MA); Fons & Porter’s Love of Quilting, based in Winterset (IA); and American Woodworker, which is located in Eagan (MN) and was acquired from The Reader’s Digest Association. It has since added to the portfolio through the acquisition of QNNtv and the successful launch of Quilters Club of America, an affinity club for quilters. New Track operates from headquarters offices in Cambridge (MA).

About Boston Ventures
Boston Ventures Management, LLC (www.bostonventures.com), is a private equity firm that has been an active investor and financial partner to management teams in the media, entertainment, publishing and information and communications sectors since 1983, earning the firm a franchise position in the private equity community. Boston Ventures' Managing Directors and partners are accomplished and experienced professionals who have a diverse and complementary range of skills and a broad network of domestic and international relationships. Some of Boston Ventures' investments in its 20 year history have included News Corporation, National Enquirer, CAMP Systems, River City Broadcasting, Survey Sampling International, Six Flags Amusement Parks, Marshall & Swift, Panavision and Motown Records.