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Remember ANF with year-end donations Guest Column: A bridge over troubled waters for local journalism By Dean Ridings
Arkansas Press Association
Publisher Weekly Vol.18 | No. 46 | Wednesday, November 30, 2023 | Serving Press and State Since 1873
Niche publications have become the main event for Bettis It’s always rewarding and exciting when opportunity and philosophy mesh.
the former retaining the Arkansas Times and the latter Arkansas Business.
That’s what happened when Mitch Bettis met Arkansas Business Publishing Group owner Olivia Farrell in Little Rock in January 2013 to discuss his taking over the day-to-day operation of the company.
Farrell realized the growing opportunity in niche publications and added numerous titles to her company’s portfolio. Bettis said the vision then, and now, was to be “really great to a smaller group rather than mediocre to a larger group.” Since acquiring the company, Bettis has led a staff, now numbering 78, that has generated exceptional growth – setting revenue and profit records year after year. ABPG now features some 30 niche products, ranging from weekly to annual publication. Arkansas Bride and Little Rock Soirée are among the most noted titles.
“I couldn’t believe there was a place like this,” Bettis said of his three-hour conversation with Farrell. “There was a clear focus on excellence, and everything aligned with my personal values.” Bettis said Farrell stressed paying the staff well, reinvesting in the product and serving as a partner with the community.
Part of the recent growth has come with the acquisition of a similar publishing property in Fort Worth in 2020.
The timing was perfect for Bettis as he had become disenchanted in his position as regional publisher for a newspaper company in Arkansas and Northern Louisiana. Prior to that, he had been regional sales manager for 12 properties in Southern Missouri.
Bettis’ company has bucked the industry trend of declining print products by continuing to post record revenue in that area. “Print is still very good for us,” he said.
“I was becoming increasingly miserable,” Bettis said of his position Mitch Bettis in the publicly-traded corporate world. “I got to the point where I just couldn’t do it anymore. I would have much rather been working as a greeter at Walmart.”
Revenue breakdowns in the past year were 60 percent print, 28 percent digital and 12 percent other. The latter category includes events and subscriptions. Digital growth has been strong with the development of Flex 360, a special team focused on providing services to businesses across the country. Among the clients are banks, law firms and universities. The team provides guidance and services in website development, improving SEO, social media outreach and all the various ways readers and customers can be reached digitally.
As a result of the meeting with Farrell, Bettis became president and general manager of ABPG in February 2013, beginning a dynamic career arc that resulted in his acquisition of the company in 2019. The signature product, Arkansas Business, was founded in 1984 by Farrell and Alan Leveritt. Farrell had worked initially as an advertising sales representative at a sister publication, the Arkansas Times, eventually becoming its publisher.
“We now generate millions of dollars in digital revenue each year,” Bettis said.
Leveritt and Farrell ended their business relationship in 1995, with Arkansas Publisher Weekly
See Bettis Page 3
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November 30, 2023