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The Long Island Business News is a weekly business journal based in Ronkonkoma, New York and owned by Dolan Media Company (NYSE: DM) of Minneapolis. Launched in 1953 as the Long Island Commercial Review, LIBN covers business, government, legal, nonprofit and health care issues in Long Island's two counties, Nassau County and Suffolk County.
In addition to the weekly paper, LIBN maintains a Web site featuring news and several business blogs. The company also publishes lists of Long Island companies as well as several issue-centered books such as its annual Green Guide and 40 Under 40 Awards guide.
In 1953 newspaper reporter Arthur Hug and the husband-and-wife team of Peg and John Whitmore launched Long Island Commercial Review. Hug had been a reporter at the Nassau Daily Review-Star, the leading newspaper on Long Island in the 1930s. Several years later, he accepted an offer to write for Newsday. Hug also served as a copy editor for World Telegram & Sun shortly before it folded.
The Hug and Whitmore team published the first paper on September 14, 1953. An issue sold for 15 cents, and a yearly subscription cost $5. The Commercial Review was known as the official publication of the Long Island Association, but it always remained independent.
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