Philadelphia Style in the Binn! -UPDATE

-SDH Our friends at Fishbowlny.com get a little deeper into the Niche Media Philadelphia Style deal. Philadelphia Style which is/was owned by Dana Spain-Smith the heir to the 99 cent store fortune, not sure which one because there are so many. Anyway according to FBNY via Philadelphia Inquirer Spain-Smith is selling the magazine to spend more time focusing on her pet charity, Philadelphia Animal Welfare Society. It’s good to be an heir to something. Niche Media ruled by Jason Binn, will reportedly take over Philadelphia Style. This ads to Binn's stable of other titles like Hamptons Magazine, Gotham and others. Now of course with every acquisition comes the question, will heads roll? The bi-monthly magazine with a circulation of 70,000 is the first acquisition since November, when Jason Binn, founder of 15-year-old Niche, sold his company to Las Vegas-based Greenspun Media and merged it with Jerry Powers at Ocean Drive Media in Miami and became CEO of the combined entity. Niche publishes Gotham magazine and LA Confidential. BINN FINDS NEW NICHE IN PHILLY [NYP]