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Bike, Surfer, Powder to continue print editions under AMI

Only three titles — Bike, Surfer, and Powder — will survive with regularly scheduled print editions after 14 titles of The Enthusiast Network were quietly sold to American Media Inc.

One source estimated that the cash and the assumed liabilities gave it a price tag of only around $10 million. AMI had some breathing room after a $460 million restructuring in January pushed its mountain of debt further down the road.

The titles going all digital include TransWorld Motocross and TransWorld Skateboarding, while TransWorld SNOWboarding will be rolled into in-house rival Snowboarder and go digital.

The sale accelerated a trend that was already underway as young readers turned to their mobile phones as a primary info source. Of the 14 titles in the fold, only six were still doing print on a regular basis at the time of the sale.

“We always viewed the Adventure Sports Network as an acquisition focused on significant digital scale and unparalleled experiential events,” said an AMI spokesman.

TEN Chief Executive Norb Garrett did not return calls seeking comment but is expected to stay in charge of the publications, which will remain based in Carlsbad, Calif.

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