Greenspring Company was the for-profit subsidiary of the

non-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

American Public Media Group American Public Media Group, formerly the Minnesota Communications Group, is the non-profit parent organization of Minnesota Public Radio, American Public Media, and Southern California Public Radio. Jean Taylor is APMG's President and CEO. H ...

. Profits gathered from Greenspring were funneled through American Public Media Group in order to help fund

Minnesota Public Radio Minnesota Public Radio (MPR), is a public radio network for the state of Minnesota. With its three services, News & Information, YourClassical MPR and The Current, MPR operates a 46-station regional radio network in the upper Midwest. MPR ha ...

, although Greenspring was

tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...

ed before the funds were transferred. Greenspring owned The Rivertown Trading Company until it was sold to

Target Corporation Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a compon ...

in 1998 for

US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

134 million. In 2004, the company sold the Minnesota News Network (MNN) to Saga Communications, apparently along with station WMNN. Greenspring kept KLBB and KLBP radio, which remained affiliated with MNN. Radio station WMNN was sold to

Starboard Broadcasting Relevant Radio (corporate name Relevant Radio, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. R ...

organization, which programs the Catholic radio network

Relevant Radio Relevant Radio (corporate name Relevant Radio, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. R ...

. In 2005, KLBB and KLBP were sold to

Davidson Media Group The Davidson Media Group (DMG) is a Charlotte-based broadcaster specializing in multi-cultural, community focused formats. The company runs stations in a number of markets in 10 states and also specializes in selling large blocks of time on some of ...

for

5.2 million. In 2013, Greenspring Media Group, publishers of ''

Minnesota Monthly Greenspring Media is a publisher of Minnesota-focused publications. The company publishes two subscription magazines, ''Minnesota Monthly'' and ''Midwest Home'', as well as custom publications including ''Real Food'', '' Where Twin Cities'', ''Twin ...

'' and other publications, was sold to

Hour Media ''Hour Detroit'' is a monthly city magazine covering the Metro Detroit area. The magazine uses a glossy oversized format and features content on restaurants, arts and entertainment, and trends in fashion and décor. It began publication in 1996 and ...

.Hour Media Buys Publishing Assets from American Public Media Group
/ref>

References

External links

Minnesota Public Radio Organizational Structure
{{American Public Media American Public Media Group