Industry Standard Assets Up for Auction

Share this content:
A little more than a month after ceasing publication, The Industry Standard expects that its assets will be sold today in a San Francisco bankruptcy court.

Those assets include The Standard's trademarks, domain name and subscriber lists, according to a Sept. 6 motion filed by parent company Standard Media International.

"More than 25 parties have expressed interest in the assets," said Ann-Marie McGowan, CEO of The Standard. "We expect to sell the assets on Monday -- they may be sold as a package or individually. Beyond that, I really have no comment."

An ad in Friday's Wall Street Journal also announced the pending sale, set for 10 a.m. at the U.S. Bankruptcy Court for the Northern District of California.

One of The Standard's attorneys was optimistic about its prospects of completing the sale.

"It's a court-supervised kind of free-for-all," said Andrea T. Porter, an attorney with Murphy Sheneman Julian & Rogers, representing The Standard. "I think we've got a lot of interest, and the people who are interested are going to be showing up in court on Monday and we'll see what happens."

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above