The Louisville Business Journal is a reputable newspaper that highlights happenings in the local business community. The paper is distributed to over 4,000 business members and has been in circulation for over many years.
In this blog post, I am going to take a deep dive into what the publication has to offer its readers and why it’s one of the best sources for quality information on local businesses. I will explore more general topics like who owns LJF Media Group and how it got started, as well as more specific points like how LJF Media looks at digital advertising opportunities.
Louisville Business Journal
The Louisville Business Journal is a newspaper that highlights happenings in the local business community. It has been in circulation for more than ten years and is currently published by LJF Media Group. LJF Media also owns a number of other publications, including the Cincinnati Business Courier and Ohio Valley Business Journal.
Owning Louisville Business Journal
The Louisville Business Journal is owned by LJF Media Group LLC, who also owns Ohio Valley Business Journal and Cincinnati Business Courier. Terry Welker formed LJF Publishing Inc. in 1999 after acquiring several newspapers from the Gannett Corporation.
LJF Media Group, Inc.
LJF Media Group was formed in 2007 by Terry Welker as an umbrella company for his publishing business. The company owns both the Louisville Business Journal and Ohio Valley Business Journal and also runs other publications, including the Cincinnati Business Courier and Kentucky Business Review. LJF Media Group is based in Louisville, Kentucky.
Primary focus of the business
The primary focus of LJF Media Group is to promote its printing and distribution businesses. The company hopes to extend its reach into digital media, which will increase readership and advertising sales opportunities.
The company competes with other local business publications, such as Forward magazine and, to a lesser extent, The Courier-Journal. LJF Media Group is a holding company for businesses that focus on newspaper publishing and printing. The primary business of LJF Media Group is printing; however, it has been increasing its digital media presence through websites like Kentucky.com and Cincinnati.com. It also publishes several newspapers, including Louisville Business First, Ohio Valley Business Journal, Kentucky Business Review and Cincinnati Business Courier.
LJF Media Group incurs most of its revenue from printing and distribution. The company operates a number of businesses in the newspaper publishing industry. It owns three other publications besides the Louisville Business Journal, including Cincinnati Business Courier and Ohio Valley Business Journal. Through these publications, LJF Media Group reaches about four thousand readers per day in the Louisville market area.
Income coming from
The majority of LJF Media Group’s revenue comes in the form of printing, distribution and advertising. Besides running its own businesses, the company also serves as a printer for other organizations in the media industry.
Company’s level of profitability
LJF Media Group has a positive return on invested capital (ROIC) and has been growing rapidly over the past five years. It has attributed its growth to expanding into new markets, as well as increasing its participation in the digital media space. The company also expects to enter new markets thanks to an expansion into digital publishing.
Current market capitalization
The share price of LJF Media Group had increased 37 percent between June 2016 and June 2017. Value investors have taken note of the company’s recent success and have sought out investments in the company, driving up its share price significantly over recent months.
Company’s cash flow, debt and credit rating
The company’s balance sheet has remained strong throughout the recession, which makes it a good investment choice for most value oriented investors. LJF Media has generated positive net income over the past ten years and is projected to continue growing at a rapid pace. Expectations are high for the company as it continues to increase its presence in both digital media and physical publishing.
I hope this post helps you to more fully appreciate why I think the Louisville Business Journal is one of the best sources for quality information on local businesses. With an editorial team that is both experienced and well-respected, the publication has a strong track record of producing quality content that will last.