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Honey and Savoy will resume publishing in two weeks time
HONEY AND SAVOY, LIKE THE PHOENIX ... just may rise from the ashes.
(Jan. 7, 2004) *When Vanguarde Media disentegrated some time ago, EUR/EURweb, and many other black-owned media outlets, were feeling it for Kieth Clinkscales and his braintrust. Several great publications were no more. But two of those mags are headed back to newsstands.
Honey and Savoy will resume publishing in two weeks time, reports Media Life.
"It's our current intention to get Honey and Savoy cranked up as soon as possible," according to the person overseeing Vanguarde's restructuring, Joe Sarachek, managing partner at Triax Capital Advisers. "The market seems to have real interest in a standalone reorganization."
The company's third title, Heart & Soul, will not resume publishing but could end up being sold, at least in name, as part of a deal involving the two active titles, or sold separately.
"We're entertaining offers to purchase all or some of the assets," Sarachek acknowledges. However, he says, "absent some party coming in and paying a healthy price, we're pursuing a reorganization."
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I am a woman, I make mistakes. I make them often. God has given me a talent and that's it. ~ Jill Scott
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