FORT COLLINS — Lydia Dody, publisher of Northern Colorado-based Style Magazine, has announced that she has sold the publication but staying on board.
Dody sold Style, originally called Lydia’s Style when it was first published in 1984, to Mountain Media LLC.
While owning a building seems like something every successful business should do, that’s not always the case. For many companies, it makes more sense to continue leasing space, freeing up time and capital that can be better utilized in other ways.
Tonja Randolph, a longtime veteran in the industry, will be the new publisher for Style. Randolph owns three different media groups, including Mountain Media, and has been in the business for more than 20 years.
In her October publisher’s letter, Dody said she had been thinking of a succession plan, since her two daughters have their own careers and would be unable to take on the role of publisher. She added that she would stay on in a reduced role at the magazine.
Randolph said she planned to carry over the current Style staff, and potentially bring on a few new people as she focuses on adding more to the magazine’s digital and online presence.
“It was a great fit,” she said of the plan for Dody and her to work together. “Lydia was not looking to retire but had been working with the company for a while and didn’t want to do the day to day grind. I hadn’t done a regional publication before and think it’s exciting. I get to focus on the local flair, and I’m very familiar with Fort Collins.”