Emmis Communications is selling Texas Monthly to the Hobby family, which once owned the Houston Post. Texas Monthly and several other non-core regional magazines were put on the block in August as ...
Texas Monthly is returning to Texas ownership, after 18-years in the hands of Indianapolis-based Emmis Communications Corporation. Texas Monthly is being sold to the Hobby family for $25 million. The ...
Emmis Communications sold Texas Monthly magazine to a local politically connected businessman, Paul Hobby, for $25 million. Hobby is the founder of Genesis Park, a Houston-based private equity fund.
Texas Monthly, the 43-year-old award-winning magazine of all things Texas, has been sold by Indianapolis-based Emmis Communications to the prominent Hobby family of Texas. A statement issued Thursday ...