About American City Business Journals
American City Business Journals is an American newspaper chain based in Charlotte, North Carolina owned by Advance Publications. It has a range of media including 41 primary metropolitan weekly publications, which reach 4 million readers with business community related news, and Bizjournals, the online version of those newspapers. It also controls the Street & Smith's Sports Group, which publishes motorsports periodicals, as well as SportsBusiness Journal, SportsBusiness Daily, and five sports annuals; as well as The Sporting News and its radio subsidiary, Sporting News Radio. The company is the United States' leading publisher of NASCAR magazines.
The company also publishes specialty publications, which include a high-tech business newspaper, a law journal, and Hemmings Motor News. In 2009, ACBJ took over management of Portfolio.com, a website formerly associated with the now-defunct Condé Nast Portfolio.
Mike Russell founded American City Business Journals. Ray Shaw, the company's chairman from 1989 until his 2009 death, bought a controlling interest along with a partner in 1989, selling to Advance Publications in 1995. It was Russell who suggested Shaw buy the entire company rather than just a few journals. Under Shaw's leadership, the company moved from Kansas City, Missouri to Charlotte and greatly increased the number of its publications.