We tweeted the breaking news this morning and now the full story from Realbeer.com:
Daniel Bradford, owner of All About Beer Magazine for 22 years, has sold Chautauqua, Inc. to a North Carolina company led by Christopher Rice.
“I’m excited about the energy and resources Chris and the All About Beer team will bring to both magazine and festivals,” Bradford said for a press release. He purchased the company in 1992 and created the first World Beer Festival in Durham in 1996, later adding others at multiple locations.
The newly formed company, All About Beer, LLC, will retain its headquarters in Durham, N.C., and maintain editorial offices in New York and San Francisco. Rice previously was vice president of Chautauqua, Inc., helping forge the direction of both the magazine and World Beer Festivals. He was co-founder of Carolina Brewing, serving as president for eight years beginning in 1994.
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