All-Island Media Acquires Pennysaver and Town Crier of Long Island

The sale of Guinan Publishing Corp., publishers of The Pennysaver and Town Crier, which circulate weekly in 328,000 homes in 18 zones on both sides of the Nassau and Suffolk County border, to All Island Media, Inc. has been completed, according to Robert A. Costine, President of Guinan. Costine and his wife Rose, early employees of the company, which was launched in 1961 by Matt Guinan as one of the earliest shoppers on Long Island, will retire after the closing. Together, they have been principals of Guinan for over 25 years.

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