CTM Media Group announced the acquisition of CapeCodToday.com as part of a larger purchase of Best Read Guide, BRG Distribution and eCape. CTM operates a visitor media network throughout the US and Canada and has provided tourism marketing services in New England for over 25 years.
"CTM is privileged to be able to grow on the Cape through the acquisition of such an iconic guide and exemplary distribution network", said Peter Magaro, President of CTM Media Group. "Best Read Cape Cod is an institution and we are excited to continue its great tradition. Further, the diverse and vibrant digital properties are an ideal fit for CTM’s multi-format media network."
"We are excited to see Best Read Guide Cape Cod and eCape become part of an expanded media network that can offer a diverse range of solutions for our customers,” stated Walter Brooks, founder of Best Read Guide. "When we decided to explore a sale of our business, it was very important for us to choose a company that would uphold our commitment to quality and service, and most importantly was committed to the people and businesses of Cape Cod. We believe CTM is the ideal company to do this, as well as bring new ideas and solutions to the local visitor marketing community.”
CTM will continue to operate the guide, distribution services, and the digital properties with the guidance of the Brooks family, who have joined the CTM team and will continue to play an important day to day role.
"We are thrilled to continue working on Best Read Guide with CTM", said Pat Brooks, former owner of BRG. "Continuity is important for our customers, and CTM has given us the ability to deliver the best visitor guide on Cape Cod in the same manner as we have been doing for over 30 years."
CTM will also continue to operate CapeCodToday.com, and Maggie Kulbokas will continue in her role of editor of the site. "I am excited to continue my work on CapeCodToday”, said Ms. Kulbokas, "it is a great news outlet for the Cape community and I am happy CTM understands and respects our mission."
"I am proud of everything we have done and accomplished at CapeCodToday.com", said Mr. Brooks. "Although I will no longer be involved in the day-to-day operation, I am excited to continue as a contributor. CTM has been a great partner through this process and I am looking forward to what the future may bring.”
"Walter Brooks created a wonderful news site", said Mr. Magaro. "We are excited to continue his work while we create the best plan to make CapeCodToday.com successful within our overall business strategy."