Empire Media, Inc. Acquires oneFN
May 29, 2003, 12:00 AM
Empire Media, Inc. on Thursday announced it had acquired the key operational assets of OneFN, the online financial direct marketing network. Empire Media is the privately held New York-based media group that publishes Empire, the magazine of business innovation. In January it acquired Mighty Seven Networks, the online marketing and promotions company. OneFN is a network for marketers and advertisers to reach the upscale demographic of users of Financial websites, such as ThomsonFN, Stockhouse and Tradetrek. OneFN represents millions of affluent investors across more than a dozen such websites, and more than three million opt-in email members. Empire Media, Inc. Chairman, Peter Bordes, Jr., said this acquisition positions the Company for excellent growth. "Empire intends to aggressively acquire print and electronic media properties that fit our business plan and bring value to our customers and readers."