The award-winning publication has been around since 1990, covering everything from politics and news to arts, culture and eats, and was formerly owned by Aaron Yarmuth and founded by John Yarmuth.
"Like many newsweeklies across the nation, LEO was greatly impacted during the course of the pandemic, but its committed Louisville team navigated the uncharted waters to deliver important journalism during the critical time," says a release from Euclid. "Looking forward, Euclid Media Group anticipates ushering in fresh print, digital and event marketing strategies."
The company says it will also be keeping all current LEO Weekly staff and anticipates hiring more in the coming months.
“I believe Euclid Media Group’s history, network of media properties and vision are ideal for LEO to reach its potential," says Aaron Yarmuth of the acquisition. "I also appreciate their desire to maintain and build upon the talented, dedicated staff.”
Euclid's alt-weekly portfolio includes the Cleveland Scene, Detroit Metro Times, Orlando Weekly, San Antonio Current, Riverfront Times and Creative Loafing Tampa, as well as Out in STL and Out in SA. Euclid purchased CityBeat in 2018.
“Undeniably the pandemic created historic challenges for the industry, but we are excited to continue and build upon the legacy Aaron and the Yarmuth family have created,” says Chris Keating, Chief Operating Officer of Euclid Media Group, in the same release. “LEO Weekly is essential to the Louisville community and through the support of the amazing staff and now adding targeted resources, we believe we have a bright future ahead.”