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Washington Blade Assets Bought for $15,000


WASHINGTON BLADE VENDOR X390 (GETTY IMAGES) | ADVOCATE.COM

The people behind the new gay newspaper DC Agenda have acquired the assets of the now-defunct Washington Blade for $15,000, including trademark rights, name usage, and a 40-year archive.

“We are relieved that the Blade’s long history of quality, award-winning journalism will be preserved and accessible to the public,” Lynne Brown, an official of Brown Naff Pitts Omnimedia and publisher of DC Agenda, said in a press release.

Brown Naff Pitts Omnimedia owns the DC Agenda and is run by Brown, Kevin Naff, the Blade's former publisher, and Brian Pitts, the Blade's former senior sales executive. As far as DC Agenda retaking the Washington Blade name, Naff says, "We haven't decided yet."

After the Blade ceased publication in November 2009 over financial issues related to its owner, Window Media, the three executives launched DC Agenda, which began publishing that same month on a weekly basis. Brown Naff Pitts Omnimedia purchased the Blade's assets from a bankruptcy court representing Window Media's properties.

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Reader Comments
  • Name: Steve Kay
    Date posted: 3/2/2010 1:57:49 AM
    Hometown: Severna Park, MD

    Comment:

    HOpefully the great journalism of the Blade will return. What we don't know is if the Blade was a successful publication on its own, and killed by the other parts, or not. I wish DC Agenda the best of success, including Kevin Naff whom I've met last spring.

  • Name: Chris
    Date posted: 3/1/2010 3:57:27 PM
    Hometown: Brooklyn

    Comment:

    Wow, that's really a pretty depressingly paltry valuation. I mean, good for DC Agenda for getting these assets at such a fire sale price, but wow, what does that say about the state of LGBT media, or independent media in general?



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