The Wellness Network Acquires HealthStyle Press
NEW YORK, June 13, 2012 /PRNewswire/ -- The Wellness Network, owner of The Patient Channel and The Newborn Channel, today announced that it has acquired HealthStyle Press.
HealthStyle Press publishes America's Health Guides™, passport-sized health education booklets for every stage of life, aimed at the public health sector, managed care organizations and aging health populations.
"Beyond the 20 million patients we reach every year through our hospital TV channels, we will now reach millions more people in their homes and health clinics with easy-to-read printed materials," said Matthew Davidge, President of the Wellness Network. "We have plans to expand and acquire more companies in the next 12 months," he added.
"Over the last 20 years, we've served health organizations in all 50 states and many government agencies," said Jim Kahl, Founder and President of HealthStyle Press. "We're looking forward to integrating The Wellness Network's interactive video technology and expanding our team so we can take HealthStyle Press to the next level."
This is the fourth acquisition since 2008 for The Wellness Network owners Matthew Davidge and Joe Covey through their holding company, Interactivation. Prior acquisitions were the cable TV networks Mag Rack in 2008 and Concert TV in 2009 and hospital TV networks The Patient Channel and The Newborn Channel in 2010.
Financial terms of the HealthStyle Press acquisition were not disclosed. HealthStyle Press was advised by Pentvia Partners.
About The Wellness Network
The Wellness Network owns The Patient Channel and The Newborn Channel, the most comprehensive in-hospital TV networks. Delivered directly to patient rooms and waiting areas, the Channels provide viewers with original, award-winning health programs and advertisers with the unique ability to integrate brand messaging with content that is compelling and endorsed by health care professionals. The Newborn Channel broadcasts round-the-clock baby care and postpartum programming for new moms. The Patient Channel features both condition-specific and preventative health programming to empower and inform patients. The Channels are available in more than 2,300 hospitals nationwide. Additional information is available at http://www.thewellnessnetwork.tv and http://www.interactivation.com. Additional information on HealthStyle Press is available at http://www.healthstylepress.com.
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