The Economist Group, which owns Roll Call, just bought Congressional Quarterly. CQ was formerly owned by the nonprofit Poynter Institute. The Economist Group is controlled by a trust including one Rothschild. Pearson PLC (owners of the Financial Times Group), owns a 50% non-voting stake.
The majority of these titles are still making money, due primarily to upscale subscriber bases of influential people. (Both Roll Call nor CQ place the majority of their online content behind a paywall.)
I am writing to let you know that today we announced that Roll Call, part of the London-based Economist Group, has agreed to acquire Congressional Quarterly (CQ) to form a new company to be called CQ-Roll Call Group.
The combination of Roll Call and CQ will create the largest and most experienced newsroom covering Congress and official Washington, making CQ-Roll Call Group the clear leader in providing timely, accurate and unbiased premium journalism about Congress and Washington politics and policy.
As we complete this transaction, I want to assure you, there will be no changes to your Roll Call service. We will continue to publish our print and online editions with the same commitment to keeping you informed.
If at any time you have any questions, please don't hesitate to contact me directly.