国产吃瓜黑料, the Colorado-based leader in active lifestyle content and services (and 国产吃瓜黑料 Business Journal’s parent company), today added three new brands to its rapidly expanding portfolio. The new properties include the mountain biking news site Pinkbike; Pinkbike’s mapping app, TrailForks; and CyclingTips, which Pinkbike acquired in 2019.
The acquisition brings 国产吃瓜黑料’s family of brands to 40. The new properties join the company’s already-robust quiver of cycling assets, including VeloNews, Peloton, Beta, Triathlete, VeloPress, and Roll Massif. The company also owns titles and businesses across the broader outdoor space, most notably 国产吃瓜黑料 magazine, but also legacy titles like Backpacker, Ski, and Climbing.
The Pinkbike acquisition adds considerable readership and revenue in the cycling space, and thus adds momentum to the company’s 国产吃瓜黑料+ membership program. 国产吃瓜黑料+, introduced this year, offers enthusiasts various bundles of content, services, discounts, and other offerings for a $99 annual fee. The membership revenues complement 国产吃瓜黑料’s revenues from advertising, creating a business model for publishing that CEO Robin Thurston says is more sustainable than traditional media models in the long term. Adding Pinkbike, CyclingTips, and Trailforks gives 国产吃瓜黑料+ more critical mass, making membership purchases more desirable for enthusiasts and providing more readership for advertisers inside and outside the industry, Thurston said.
鈥淭his acquisition is a key moment in fulfilling our mission to build a vibrant home where active lifestyle participants will discover a wide range of content and tools to fuel their adventures. We鈥檙e very excited and honored to welcome the Burkats and their team to our family,鈥 said Thurston. 鈥淎s a lifelong cyclist, I鈥檓 a huge fan of these brands, which are perfect complements to our own cycling titles鈥VeloNews, Peloton, Beta,聽and Bicycle Retailer鈥攁nd to our recent acquisition of Gaia GPS, the dominant mobile mapping app for hikers, backpackers, and overlanders. The marriage of these businesses creates a truly comprehensive resource for all types of cyclists and outdoor adventurers.鈥