EO Media Group’s marketplace platform was named Best New Digital Initiative by Local Media Association, a national organization that serves more than 2,400 media companies. The award, announced Feb. 1, was the result of the association’s Digital Innovation Contest. More than 80 different companies submitted hundreds of entries.

The faculty at the University of Texas at Austin/Engaging News Project judged the 14 categories. Judges praised the marketplace platform’s clean interface and positive revenue growth. Marketplace grew digital classified revenue at Capital Press an average 35 percent year/year in 2016.

“This award illustrates the quality and innovation we strive to achieve in our digital offerings at EO Media Group,” said Crindalyn Lyster, EO Media Group digital director. “We are thrilled with the marketplace platform and excited at its potential for a wider audience.”

John S. Perry, Chief Operating Officer of EO Media Group, said the award recognizes the hard work and innovation of the digital team and its collaboration with the advertising staff at Capital Press. “Our small team competed against much larger media companies with far more resources. That makes the award even sweeter.”

Marketplace has been operating with marketplace.capitalpress.com since December 2015. The company added a second site, coastmarketplace.com, in November 2016.

EO Media Group will join other first place winners in Chicago at the LMA Digital Revenue Summit in May to showcase the work and share details on strategies and implementation.

“This is a highly competitive contest that recognizes the best of local media when it comes to digital innovation,” said Nancy Lane, President, Local Media Association, “There is no other contest like it. The bragging rights are huge for the winners.”

In total, twenty-two companies received awards. The contest was free for local media companies to enter, ensuring a fair competition with no financial barriers. For more information on the winners: www.localmedia.org/2016-lma-local-media-digital-innovation-contest/