January 21, 2015
FOR INSTANT RELEASE
Contact: Tyler Evans 256-539-6100
BTC Media Obtains Bitcoin Publication
NASHVILLE, TN– BTC Media LLC, parent business of financial technology magazine yBitcoin and its site www.ybitcoin.com, has as of January 21, 2015 completed the purchase of Bitcoin Publication from Coin Publishing LLC.
Bitcoin Publication is the very first publication dedicated solely to Bitcoin, the digital currency that break onto the international economic scene as open source software application in 2009. Publication creators Mihai Alisie and Vitalik Buterin published their first problem in Might, 2012 and later signed up with forces with Orlando, Florida-based Coin Publishing LLC to produce 22 problems. The publication is sent by mail to subscribers worldwide, sold at Barnes & & Noble bookstores and published online at www.bitcoinmagazine.com.
BTC Media creators Calli S. Bailey and David F. Bailey plan to take advantage of the acquisition by increasing their business's online news and evaluation, among other benefits of the merger.
“This purchase and the boosted resources it brings into our fold make BTC Media the world's leading Bitcoin media group,” stated CEO David Bailey. “Our readers will now have gain access to not just to the exact same thorough function stories they have actually constantly found in yBitcoin, however also to breaking news about a cryptocurrency world that is growing significantly. We aim to be the most trusted source for news in this field by providing pertinent information to every reader, no matter their familiarity with Bitcoin.”
Tony Gallippi, co-owner of Coin Publishing LLC and executive chairman of BitPay, commented, “The BTC Media publication yBitcoin has played an instrumental role in presenting Bitcoin to the world. We understood this would perfectly fit our effort to spread out the Bitcoin story to a bigger audience. We're very pleased of Bitcoin Publication's achievements, but know that we have actually just scratched the surface area. The chance to join forces with BTC Media's very capable and visionary group was the strategic step we needed to completely understand our potential.”
BTC Media plans to relaunch Bitcoin Publication and add a lineup of market specialists as contributors. The company is likewise broadening its group to handle the expanded joint publishing effort. BTC Media is dedicated to investing greatly in BCM's digital providings and developing BitcoinMagazine.com as the leading brand in cryptocurrency news and evaluation.
yBitcoin will continue its editorial method of notifying a general readership about Bitcoin.
“Our mission is to educate the world about Bitcoin and expand its reach,” said BTC Media Publisher Calli Bailey. “Bringing yBitcoin and Bitcoin Magazine under one unified media group provides us with several platforms for doing simply that.” The business likewise plans to start publication of yBitcoin in other languages which will significantly broaden its global presence.
BTC Media has actually also established a collaboration with decentral.tv, a leading video material service provider, and is co-hosting a “Bitcoin House” at this year's SXSW ™ music, film and interactive conference in Austin, TX. “In between print, digital, video and events, BTC Media is prepared to engage our audience through every medium and lug cryptocurrency forcefully into the mainstream,” stated David Bailey.
The company plans to establish new headquarters in Nashville, Tennessee, where it will certainly obtain itself of the lively publishing and tech sectors growing there.
The post BTC Media Acquires Bitcoin Publication appeared initially on Bitcoin Magazine.