"Culinary Media Group LLC, a subsidiary of Marquee Brands LLC, made headlines with its acquisition of certain assets of Food52, Inc. This strategic move brings together two beloved culinary media entities, Food52 and America's Test Kitchen (ATK), under one umbrella, creating a powerhouse in the food media landscape. This acquisition not only provides Food52 the necessary capital to emerge from Chapter 11 bankruptcy but also strengthens Marquee Brands' already impressive portfolio, which includes iconic names like Martha Stewart and Emeril Lagasse."
"The brand has grown into a significant lifestyle and media name, appealing to millions of fans who appreciate its unique blend of great food, thoughtful design, and a focus on creating memorable experiences. "Millions of fans love Food52 and the lifestyle it represents," said Daniel Suratt, who will continue as CEO of both Food52 and ATK. "We will build on Food52's legacy by leaning into its rich library, bringing back community favorites, and focusing on premium content curated across social, streaming, books, and more.""
Culinary Media Group LLC, owned by Marquee Brands, acquired certain assets of Food52, Inc., uniting Food52 and America's Test Kitchen under one company. The acquisition supplies capital for Food52 to emerge from Chapter 11 bankruptcy and bolsters Marquee Brands' portfolio, which includes Martha Stewart and Emeril Lagasse. Food52, founded in 2009 by Amanda Hesser and Merrill Stubbs, grew as a digital-first community for home cooks and a lifestyle media brand. America's Test Kitchen, founded in 1992, offers multimedia cooking resources and rigorous recipe testing. Daniel Suratt will continue as CEO of both Food52 and ATK, with plans to leverage Food52's content across platforms.
Read at Food & Beverage Magazine
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