Talk:PennySaverUSA

Hi,

I'm a partner and employee of the company that now operates PennySaverUSA.com, hence please assume a conflict of interest. The parent company is Publisher Properties, Ltd. located in Victoria, BC, Canada, of which I am a part. Rather than re-directing this page to the "Harte Hankes" website, I'd like to suggest publishing the following (or similar) brief history of the company:

Some proposed changes
Pennysaver USA, LLC, a Delaware corporation, is a defunct holding company that once owned and operated both pennysaverusa.com and its associated print publication (The Pennysaver), which circulated predominantly in Southern California. Bob Demarco founded The Pennysaver in 1962 in Huntington Beach, CA as a print publication serving Southern California. The website, pennysaverusa.com, was launched in 1996. The publication became renowned for hyper-local marketing products and services. Advertisers were and still are able to geo-locate ads based on US zip codes, helping advertisers maximize return on investment. In 1972 Demarco sold the business to Harte Hanks, a publishing company based out of Texas. From that point forward the company operated out of Brea, California. In 2013 Harte Hanks sold both The Pennysaver print publication and PennysaverUSA.com to Opengate Capital. By 2013, print circulation had grown to 9.1 million California households, according to company figures. Revenue, however, sank to to less than half its numbers in the 1990s. On May 29, 2015 Pennysaver USA, LLC, a Delaware corporation, filed for Chapter 7 Bankruptcy. Approximately 700 employees lost their jobs, and many subsequently filed lawsuits against Opengate Capital. On October 2, 2015 Publisher Properties, Ltd. acquired the digital assets of pennysaverusa.com and the pennysaverusa.com trademark. They own and operate the site to this day.

Articles Vitopsu (talk) 04:28, 4 November 2016 (UTC)

If you have any questions or need to verify any facts please don't hesitate to contact me. Thank you.

Some proposed changes
Pennysaver USA, LLC, a Delaware corporation, is a defunct holding company that once owned and operated both pennysaverusa.com and its associated print publication (The Pennysaver), which circulated predominantly in Southern California. Bob Demarco founded The Pennysaver in 1962 in Huntington Beach, CA as a print publication serving Southern California. The website, pennysaverusa.com, was launched in 1996. The publication became renowned for hyper-local marketing products and services. Advertisers were and still are able to geo-locate ads based on US zip codes, helping advertisers maximize return on investment. In 1972 Demarco sold the business to Harte Hanks, a publishing company based out of Texas. From that point forward the company operated out of Brea, California. In 2013 Harte Hanks sold both The Pennysaver print publication and PennysaverUSA.com to Opengate Capital. By 2013, print circulation had grown to 9.1 million California households, according to company figures. Revenue, however, sank to to less than half its numbers in the 1990s. On May 29, 2015 Pennysaver USA, LLC, a Delaware corporation, filed for Chapter 7 Bankruptcy. Approximately 700 employees lost their jobs, and many subsequently filed lawsuits against Opengate Capital. On October 2, 2015 Publisher Properties, Ltd. acquired the digital assets of pennysaverusa.com and the pennysaverusa.com trademark. They own and operate the site to this day.

Articles Vitopsu (talk) 04:28, 4 November 2016 (UTC)

If you have any questions or need to verify any facts please don't hesitate to contact me. Thank you.