David Atlanta Magazine and the rights to the now defunct Southern Voice newspaper were recently sold to an undisclosed buyer, according to Chip O'Kelley, David's Chief Operating Officer, but business records filed with the Georgia Secretary of State's office shed light on the change in ownership at the magazine.
David R. Thompson is listed as David Magazine LLC.'s CEO and CFO in an update to the company profile that was posted yesterday on the Secretary of State's website.
In a telephone interview yesterday, O'Kelley declined to name the new owner(s) of David Magazine, LLC, saying that the new owners did not want to come forward publicly, but Thompson, when contacted via Facebook, confirmed that he had purchased the magazine.
David Magazine, a gay Atlanta nightlife and event publication, has been sold to new owners, according to the magazine's Chief Operating Officer Chip O'Kelley. The sale officially occurred on July 18.
Former owner and David Magazine publisher Matt Neumann will remain an adviser to the new owners for one or two weeks while the transition takes place, according to O'Kelly.
“Probably no more than two weeks,” O'Kelley said today by phone when asked how long Neumann will remain in an advisory position with David Atlanta. “Our goal is to transition him out in two weeks. Matt [Neuman] has been coordinating with the printer. It's necessary to do that kind of hand-off. There is information that only he knows or has dealt with.”