News USA makes swoop on Derus

CHICAGO: News USA has acquired Chicago-based features syndication

agency Derus Media Services.

Rick Smith, CEO and founder of Washington, DC-based News USA, said

54-year-old Derus' Chicago contacts would elevate coastal-focused News

USA to a national player, boosting revenues by dollars 1 million. News

USA will retain Derus personnel, including CEO Matt McGann, who will run


The price of the deal was "less than dollars 1 million," said Smith,

explaining that Derus needed technical investment. The 14-year-old News

USA had dollars 5 million in sales last year.

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