Acquiring Company
Hour Media
Acquired Company
SagaCity Media
Michigan
AcehPublishingPublishingNewsDescription
Hour Media has acquired SagaCity Media for $1.6 million, gaining ownership of its publications, including Seattle Met. The acquisition comes after SagaCity Media struggled financially and entered receivership. Layoffs are already occurring at Seattle Met, including the editor-in-chief. This acquisition aims to rejuvenate the struggling magazine brands.
Quick answer
Hour Media is acquiring SagaCity Media, announced April 6, 2026. Hour Media is based in Michigan, United States.
- How much did Hour Media pay for SagaCity Media?
- The deal value was not disclosed.
- What does Hour Media do?
- Hour Media is a media company that specializes in publishing high-quality lifestyle magazines and digital content.
- Where are Hour Media and SagaCity Media based?
- Hour Media is based in Michigan, United States. SagaCity Media is based in Aceh, Indonesia.
Source: Fundz verified event record.
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- Iliffe Media acquires Tindle Newspapers (March 27, 2026)
- David Ellison to acquire CNN in major deal (May 6, 2026)
- Newsroom Ventures acquires Pine Bluff Commercial (March 30, 2026)
Who to call at Hour Media, and when
When Hour Media changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Hour Media raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired SagaCity Media?
SagaCity Media was acquired by Hour Media, based in Michigan. The deal was reported on April 6, 2026. Hour Media is a media company that specializes in publishing high-quality lifestyle magazines and digital content. They focus on creating engaging local content that connects communities. Hour Media is privately held and operates in Publishing.
When did Hour Media acquire SagaCity Media?
Hour Media's acquisition of SagaCity Media was reported on April 6, 2026. Hour Media has acquired SagaCity Media for $1.6 million, gaining ownership of its publications, including Seattle Met. The acquisition comes after SagaCity Media struggled financially and entered receivership. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SagaCity Media do?
SagaCity Media was a publisher known for producing city magazines that capture local culture, lifestyle, and news. The company faced challenges in returning to profitability and eventually entered receivership. It is privately held, operating in Publishing, and is based in Aceh.
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