On August 4, 2004, Symphony Publishing, LLC, a new company formed by Zapis Capital Group of Westlake, Ohio, acquired the assets of Larkin Publications, publishers of Musical Merchandise Review, School Band and Orchestra, and Choral Director magazines as well as various trade directories and annual publications, according to Gary Greene/Tom Karavakis, Cribb & Associates, who represented the seller in the transaction.
Musical Merchandise Review, now marking its 125th anniversary, was originally purchased by the Larkin organization in 1981. Zapis announced that management of Musical Merchandise Review, School Band and Orchestra, and Choral Director will remain intact. Terms of the transaction were not disclosed.
Lee Zapis, Zapis Capital Group president, has been named president of Symphony Publishing, LLC, which will continue to make its headquarters in Needham, Mass., a Boston suburb. “We’re proud to be the next stewards of MMR and hope to build upon the success and legacy of the Larkin family,” he stated. “I’m excited about working with such a great group of professionals and look forward to the next 125 years.” Zapis added that Symphony Publishing’s goal is to grow the business through new magazine launches and acquisitions.
Cribb & Associates is a newspaper brokerage firm with offices in Florida, Virginia, and Montana.