OpenGate Media Group

OpenGate Media Group is specialized in the acquisition and operation of publishing, advertising and paper manufacturing businesses as well as content-based media brands distributed through print, digital and other electronic platforms. The division combines unparalleled industry expertise with disciplined financial strategies and delivers measurable results. Our commitment to acquiring and building value within media-related assets is firmly rooted in our track record of success.

Our group’s investment strategy is focused on three distinct areas where we can leverage our firm’s investment track record and deep industry experience to create new value. Specifically, we are seeking to build strategic relationships and acquire print and/or digital businesses that are either non-core to a larger parent company, or have a synergistic fit with OpenGate Capital’s existing media businesses including TV Guide Magazine, Fleurus Presse, PennySaver USA and our specialty paper manufacturers Kotka Mills, NorPaper and Fusion Paperboard.

Investment Strategy & Target Characteristics:

Custom / Partnership Publishing via OpenGate’s Existing Portfolio

  • Leveraging OpenGate Capital’s existing publishing infrastructure and expertise, we offer custom publishing solutions with value creating benefits including lower-costs, greater flexibility, and US distribution.
  • International publications seeking entry to the US market can benefit from the custom publishing solutions by avoiding start-up expenses and working with a partner that is more creative and flexible in its publishing services than large mega-publishers.
  • Strong preference for media content that is closely aligned with entertainment, advertising and consumer matters

Niche Media Add-on Acquisitions

  • Print and/or digital, entertainment-focused media assets that are potentially accretive to TV Guide Magazine or Fleurus Presse’s current operations including smaller publications, and new or emerging digital media sites
  • Revenues of $5 million – $100 million
  • US-based business

Non-strategic Corporate Assets

  • Acquisitions of print and/or digital businesses which are part of a larger parent organization and are no longer considered core to the parent’s overall operations.
  • Revenues of $25 million – $500 million
  • No geographical preference








David J. Fishman

David J. Fishman is currently the Chief Executive Officer of TV Guide Magazine and a senior advisor to OpenGate Media Group.

Previously, Fishman operated Downshift Media, a media-centric consulting agency and production firm. From 2004 until late 2008 when it was sold, Fishman owned, and served as publisher and editor in chief of Fathoms Magazine, a coffee table collectible magazine for the avid underwater photographer and those passionate about the oceans.

From early 1999 through 2004, Fishman served several roles for Hachette Filipacchi Media. Fishman served as CEO of the company’s Nashville, TN-based television subsidiary, RTM Productions.