TEN Magazines SOLD!
Read 31,110 TimesPosted Apr 4, 2008, 9:15 ET
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TEN Magazines SOLD

TEN Magazines, ex-publisher of "Ford Truck World" magazine, "TEN Trucks" magazine (plus several others) and publisher of far too many automotive websites, has sold the remains of its operation to a private company in Mesa, Arizona. Last year TEN cited "Print is dead" after canceling all of their print publications--the first sign that big trouble was ahead for this struggling print/online publishing company.

Having not published any new content this year and in preparation for a fire sale, many employees were laid off in February of this year. Only one or two current employees will make the move to Arizona to keep their paychecks. Everyone else has moved on. TEN's Corona, California offices will be closed mid-May.

What will that mean to some of their remaining enthusiast sites? We don't know, but we welcome all the refugees here at Truckblog and our Ford-truck dedicated community, Ford Truck Space.

Update: 4/5/08 9PM (Pacific) -- We have now learned that the company who bought TEN is Internet Pioneering Inc., a small company that runs an online auto accessories store. IPI is located in Mesa, AZ, run by Mike Weinberger (President, CEO, email) and Pat Hammons (Vice President & CFO, phone (480) 654-8015). This can be further confirmed by all of the "Go" ads at the TEN enthusiast sites (see screen shot below), as GoToAutoAcessories.com is owned by IPI.



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