September 14, 2017 Last Updated 11:46 am

State of Vermont looking to sell or find publishing partner for its tourist magazine Vermont Life

The state is looking for a publishing partner willing to either purchase, partner, or enter into a licensing agreement, with bids due by Nov. 17

The state of Vermont is looking to get out of the magazine business, and is now accepting bids on Vermont Life though November 17. The magazine generates about $1 million a year, but has been running in the red, and so the state is looking for a publishing company to take it over.

The magazine was founded by the state of Vermont right after World War II, and in the RFP boasts that its website was launched in July 1994, “we believe, the first regional magazine website in the world.”

The state is looking for a publishing partner willing to either purchase, partner, or enter into a licensing agreement. If a partnership, the publisher would take on publishing duties for a period of three years, with the state able to extend the contract for two additional one-year periods.

In this situation it would mean that a custom publisher may be the best fit.

But the state is willing to sell the magazine outright.

The decision to seek a publisher came after the magazine’s long time editor decided to leave, and the Vermont legislature passed a new budget that called for ending the current publishing arrangement.

Comments are closed.