BN Media Associates, LLC Moves Corporate Headquarters to Virginia Beach and Adds 15 New Jobs
July 19, 2016
BN Media Associates, LLC will move its corporate headquarters to Virginia Beach. The company has purchased 2037 Laskin Road, a 10,056-square-foot building, on 1.4 acres for $1.8 million. The company will also make a capital investment of $553,000 in business property at the new location. BN Media is a for-profit online media company with two divisions. Beliefnet.com, which was acquired from Fox in 2010, is the leading lifestyle site dedicated to faith and inspiration. At 33 million strong, Beliefnet helps people find and walk a spiritual path that instills comfort, hope, strength and happiness. It is through this discovery that users are empowered to live a more meaningful life. Affinity4 is the company's sales portal for a variety of products such as phone service, gift cards, restaurant and grocery coupons, health products and services and insurance. Affinity4 then donates 10 percent of the proceeds back to the customer's favorite charity or ministry. To date, Affinity4 has donated almost $100 million through its GiveBack Program. The company has more than 40 employees, and the expansion will create 15 new positions in Virginia Beach. The positions include management, web and software developers, call center and more. The Virginia Beach Economic Development Authority has approved an Economic Development Investment Program grant in the amount of $45,000 based on BN Media's capital investment of $2.3 million in real estate and business property. "BN Media brings very valuable high-tech jobs to the City of Virginia Beach," said Virginia Beach Economic Development Director Warren D. Harris. "They are an award-winning company, and we know they will continue to grow in our business friendly environment." The mission of the Virginia Beach Department of Economic Development is to attract and retain national and international businesses to stimulate capital investment and create jobs. Virginia Beach is the most populous city in Virginia with a population of 450,000, and it is the 37th largest in the United States. It is recognized as one of the Best Run Cities in America by 24/7 Wall St. The Department of Economic Development received re-accreditation through the International Economic Development Council in 2016 and is one of only 29 economic development organizations in the world to have this recognition. It is listed among the Top Five Overall Mid-sized American Cities of the Future, Top 10 for Economic Potential and Top Five for Infrastructure by fDi magazine. CNNMoney.com ranked Virginia Beach as the Easiest Place to Start a Business and the 2nd Most Business-Friendly City in the country. For more information, visit www.yesvirginiabeach.com.About BN Media, LLCThrough its operating companies – Beliefnet and Affinity4 – BN Media is the definitive online resource for information related to inspiration and spirituality. BN Media provides award-winning inspirational editorial and video content through mainstream and faith-based channels. The company's mission is to inspire positive thought and action.About BeliefnetBeliefnet, a property of BN Media, LLC, is the leading lifestyle site dedicated to faith and inspiration. Beliefnet helps people improve their lives and find comfort, hope and happiness. Beliefnet not only makes people feel good, but also encourages a sense of self that allows them to realize their greatest potential. It is through this discovery that its visitors are empowered to live a more meaningful life.About Affinity4Owned by BN Media, LLC, Affinity4 is an affinity-based marketing company whose mission is to help support nonprofits' goals by assisting in their fundraising and development programs. To date, Affinity4 has given back nearly $100 million to nonprofits worldwide.
