June 1 Marks Transition for Stereophile
The Petersen Companies announced in a release on May 18, 1998 that they had agreed to acquire Stereophile, Stereophile Guide to Home Theater, and HI-FI '98. The acquisition was completed on May 31, 1998. Terms of the deal were not disclosed.
However, readers can rest assured that Stereophile editor John Atkinson remains in place at the head of his team of writers and editors, as does Stereophile Guide to Home Theater editor Larry Ullman. Stereophile publisher Larry Archibald also stays with the magazine he has been associated with for the past 16 years. "We don't plan for anything to change with respect to the magazines' focus, content, and quality," said JA, "other than with Petersen's weight behind us, we can more effectively spread the word about high-end audio and home theater."