Advertisement

Beliefnet's Big News

Letter from Beliefnet co-founder and Editor-in-Chief Steve Waldman



Dear Friends of Beliefnet,

As you may have heard, Beliefnet has experienced a major "life event." We've been acquired by Fox Entertainment Group, which is part of News Corp.

This is a thrilling moment for us. As you know, News Corp and Fox own media powerhouses such as Twentieth Century Fox, MySpace, The Wall Street Journal and Fox Network. What you may not know is that they also produce an enormous amount of high quality spirituality content: Zondervan, a Christian book publisher; HarperOne (formerly Harper San Francisco), a leading multifaith spirituality publisher; Harper Collins; Fox Faith, a creator of faith-based films; and the National Geographic Channel, which airs many terrific shows on religious history.

Advertisement

You can read the official press release (attached) but I wanted to spend a few moments with you reflecting more personally on why we’re doing this and what it means.

We've been getting interest from would-be acquirers for a few years. We were in no rush to sell but I've always believed that Beliefnet would fully blossom with the help of a major media partner. In assessing acquirers, what did we look for? Though we wanted to obtain a fair price, as big a factor in our deliberations was whether, by selling, we could better meet our mission. We created Beliefnet primarily to make a difference, not a killing. As I explored the possibilities with News Corp., it became clear that, with their help, Beliefnet would be able to take quantum leap in what we can do. The best spiritual and religious teachers – from Rick Warren to the Dalai Lama -- pass through News Corp doors (through Harper Collins, Zondervan, Harper One and others). News Corp's reach is enormous. Its proficiency in the areas of video, social networking and media in general is unsurpassed.

leave comments
0
Did you like this? Share with your family and friends.
Steven Waldman
Related Topics: About

More from Beliefnet

comments powered by Disqus

Advertisement

Advertisement

Advertisement

DiggDeliciousNewsvineRedditStumbleTechnoratiFacebook