Washington, D.C - May 19, 2015 - Crest Media, owner of leading Middle East news outlet Al-Monitor, and Real Clear Investors, current co-owner of RealClearPolitics, have together purchased the remaining equity stake in RealClearPolitics from Forbes Media LLC for an undisclosed sum.
“We're thrilled to have Crest Media as a partner” said RealClearPolitics co-founder Tom Bevan. “They share our vision of building a powerhouse brand for online news, analysis and information. Al-Monitor in just a few years has become a first-class source for top quality reporting and analysis on the Middle East.”
“RealClearPolitics can make one of the rarest claims in media today, which is that it’s a category of one,” said Jason Woods, President of Crest Media. “Much as Al-Monitor puts a finger on the pulse of the Middle East, RealClearPolitics offers millions of readers a full breakdown of American public life on everything from politics to markets to policy to sports.”
Al-Monitor and RealClearPolitics will work together to cross-promote content and will collaborate on ways in which to enhance delivery of news and information to their readers. Stories from Al-Monitor will boost RealClearPolitics, RealClearWorld and RealClearEnergy’s coverage of the Middle East. Al-Monitor and RealClearPolitics intend to work together to implement in the markets in which Al-Monitor provides analysis the polling aggregation techniques that RealClearPolitics has successfully implemented in the U.S. Al-Monitor and its affiliates also plan to provide translations of RealClearPolitics’ original reporting and analysis in all languages except English and Spanish, thus introducing RealClearPolitics’ unmatched U.S. political content to new audiences.
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