Speedboat magazine acquires performance-boat website

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Speedboat magazine acquired PowerboatNation.com, pairing a print periodical and a website with future distribution through Apple TV and Roku.

Speedboat publisher Ray Lee announced the acquisition, saying the move underlines the company’s commitment to establishing an unrivaled powerboating resource.

“We have been the staple of the powerboating sport for over four decades, and we’re really excited to expand the availability of this treasury of content to our audiences through PowerboatNation’s platform capability,” Lee said in a statement.

Speedboat editor Brett Bayne, who has been part of the team since the magazine’s inception, said he welcomed opportunity to see the two entities join forces. The agreement, he pointed out, “will result in numerous investments and virtually guarantees the creation of jobs.”