Open Sky Media Acquires Oklahoma City MagazineBy Paul Wormley
Earlier this week Open Sky Media made its first add-on acquisition & Slice Magazine, a city/lifestyle magazine serving the greater Oklahoma City market with a specific focus on the Nichols Hills, Edmond, Norman and Oklahoma City neighborhoods.
Slice Magazine serves an affluent, educated readership that is highly engaged with the magazine. Advertisers recognize the benefits of reaching these engaged readers. Slice Magazine is also a nice compliment to Open Sky Media's other titles including Austin Monthly and San Antonio Magazine.
Oklahoma City is consistent with Open Sky Media's desire to operate in top 50 MSA's. The metro area was recently ranked as the 2nd fastest growing large metro area (based on GMP) and as the #5 top job creation city in the U.S. The greater metro area benefits from the strength of the oil & gas industry, a growing number of large employers, the state government presence in Oklahoma City (capital of Oklahoma) and The University of Oklahoma in Norman. They are also very proud of their Oklahoma City Thunder (the late Seattle Supersonics).
Slice has a dedicated and experienced team that is energized to grow the magazine and to benefit from OSM's resources.
Open Sky Media continues to seek additional city/lifestyle magazines with strong brands that serve healthy, affluent markets.
Paul Wormley - General Partner
Paul joined Hadley Capital in 2005. He has spent his entire career working with small and emerging companies. Paul grew up in a family business environment and is an owner of his family’s community newspaper business. Paul works with GT Golf Supplies, Pneu-Con, Open Sky Media and Centare. He was the chairman of the board of directors for i-deal Optics, a previous Hadley Capital company.
Paul is an outdoor enthusiast who enjoys fishing, hunting, riding motorbikes, Crossfit and an occasional craft beer. He works closely with a number of non-profit organizations including One Acre Fund and Trout & Salmon Foundation, and serves as chairman of the Finance Committee at his church.
Paul is a graduate of the University of Colorado at Boulder and received an MBA from the Kellogg School of Management at Northwestern University. He and his wife, Rosemary, have three children.