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MAKE Division Spins Out From O'Reilly Media as Separate Company
Publisher of MAKE Magazine, Producer of Maker Faire Is Now Maker Media, Inc.
By: Marketwire .
Jan. 24, 2013 08:30 PM
SEBASTOPOL, CA -- (Marketwire) -- 01/24/13 -- O'Reilly Media today announced that it has spun out its MAKE division, which publishes MAKE Magazine and produces Maker Faire, into an independent company called Maker Media, Inc. The new company will be headed by Dale Dougherty, who founded both MAKE Magazine and Maker Faire, and has managed the MAKE division since its inception in 2005. The newly independent company will continue its focus on and support of the Maker Movement through its core media properties and ecommerce business. "This is truly an exciting time for us. The transition from a division to a separate company allows us to expand the ways we connect a growing community of makers who share a mindset that they can change the world around them," said Dale Dougherty, CEO and president of Maker Media. "Makers are eager to share projects and share their expertise with the community, and we want to become the platform to enable and nurture this spirit."
The Maker Movement Over its history, O'Reilly Media has served as an incubator for a number of new businesses, tapping growth markets and emerging technologies. Many of these projects started within the company have been sold or spun out, such as GNN (Global Network Navigator), which Dougherty started in 1993 and O'Reilly sold to America Online in 1995. "The Maker Movement is taking off," said Tim O'Reilly, founder and CEO of O'Reilly Media. "A movement that began with enthusiasts has turned into an entrepreneurial revolution. As an independent company, Maker Media will be able to accelerate its growth and develop new services for the maker community." Dougherty will be the majority shareholder in the new company. Tim O'Reilly and the O'Reilly family will also be shareholders. Maker Media will continue to be located in Sebastopol, CA on the O'Reilly campus. All employees of the MAKE division of O'Reilly Media are now part of the new Maker Media, Inc. More information about Maker Media, Inc. can be found at makermedia.com. Makezine.com, makerfaire.com and makershed.com will continue as popular destinations for the maker community. Books developed by Maker Media will be distributed by O'Reilly Media and available at shop.oreilly.com.
Maker Faire
MAKE Magazine
Maker Shed Read O'Reilly and Dougherty blogpost: http://radar.oreilly.com/2013/01/why-we-spun-out-maker-media.html
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