Pink Triangle makes fabulous purchase

Pink Triangle Press, the publisher of the gay and lesbian lifestyle magazine Xtra, has acquired Fab, Xtra’s former rival in the Toronto market.The company reached a deal with Fab’s former owner, No Fear Publishing Ltd., last week. Brandon Matheson, publisher and editor-in-chief of Pink Triangle Press’ eastern publishing division, will take over as publisher of […]

Pink Triangle Press, the publisher of the gay and lesbian lifestyle magazine Xtra, has acquired Fab, Xtra’s former rival in the Toronto market.

The company reached a deal with Fab’s former owner, No Fear Publishing Ltd., last week. Brandon Matheson, publisher and editor-in-chief of Pink Triangle Press’ eastern publishing division, will take over as publisher of Fab Feb. 25.

Matheson says no major changes are planned in terms of the branding of Fab, a magazine he describes as “complementary” to Xtra.

“No one publication can be all things to all people, and while there are readers out there who read both, there are those that only read one,” he says. “For us, this allows us to expand the reach of our work in the Toronto community to a broader readership.

“Both Fab and Xtra will continue to have their distinct identities, and part of my challenge as publisher is to make sure that happens.”

However, Matheson notes that he has a short window to either reach new agreements with Fab’s current staff or find replacements. The magazine will operate independently of Xtra, with its own office and editorial and advertising teams.

While Matheson acknowledges that Pink Triangle Press may develop advertising packages that encompass both publications in the coming months, he expects Fab and Extra to continue to compete for ad dollars in the short term.

“Because both publications are bi-weeklies and publish on alternate weeks, we can now make sure that a client’s campaign starts on the week that they want it to,” says Matheson. “But I think there’ll always be some subtle competition and rivalry between the two magazines, because they’re going to maintain their own advertising staffs.”

Pink Triangle Press also publishes Capital Xtra in Ottawa and Xtra West in Vancouver, and also produces a gay-themed travel magazine called The Guide.

Fab will launch its first issue as a Pink Triangle Press publication March 6.

Media Articles

30 Under 30 is back with a new name, new outlook

No more age limit! The New Establishment brings 30 Under 30 in a new direction, starting with media professionals.

As Prime Minister, Kellie Leitch would scrap CBC

Tory leadership hopefuls are outlining their views on national broadcaster's future

‘Your Morning’ embarks on first travel partnership

Sponsored giveaway supported by social posts directed at female-skewing audience

KitchenAid embraces social for breast cancer campaign

Annual charitable campaign taps influencers and the social web for the first time

Netflix debates contributions with Canadian Heritage

Netflix remains wary of regulation as some tout 'Anne' and 'Alias Grace' partnerships

Canadians warm up to social commerce

PayPal and Ipsos research shows "Shop Now" buttons are gaining traction

Online ad exchange AppNexus cuts off Breitbart

Popular online ad exchange bans site for violating hate speech policy

Robert Jenkyn is back at Media Experts

Former Microsoft and Globe and Mail exec returns to the agency world

2016 Media Innovation Awards: The complete winners list

All the winning agencies from media's biggest night out!