Adams Publishing Group announced today that it has purchased the assets of Cooke Communications, LLC, based in Greenville, N.C., and in Key West, Fla., including its print publications, websites and commercial printing operations.
Dirks, Van Essen, Murray & April, a media merger and acquisition firm based in Santa Fe, N.M., represented Cooke Communications, LLC in the transaction. The transaction closed Friday, Aug. 31. Terms were not disclosed.
Cooke Communications newspapers included in the sale are The Daily Reflector (Greenville, N.C.), The Rocky Mount Telegram (Rocky Mount, N.C.), The Daily Advance (Elizabeth City, N.C.), The Key West Citizen (Key West, Fla.) and several non-daily newspapers and websites.
Two Oceans Digital, KeyWest.Com and FloridaKeys.com will remain in Cooke Communications Florida.MORE
Carl Esposito, publisher of The Daily Times in Maryville, Tenn., and regional president of Adams Publishing Group for Tennessee, North Carolina and Southern Virginia, has been named to the SNPA Board of Directors.
Esposito, who will serve in an at-large position on the board, said: "I appreciate the opportunity to join such an accomplished group and look forward to contributing to the ongoing success of SNPA."MORE
Adams Publishing Group announced Monday that it is purchasing Sun Coast Media Group, based in Venice, Fla., including SCMG's publications located on the west coast of Florida.
Sun Coast Media Group newspapers to be included in the sale are The Venice Gondolier, The Arcadian, The West Villages Sun, The Englewood Sun, The North Port Sun, The Charlotte Sun and The Charlotte Sun Times.
Sun Coast Media Group is a family-and-employee-owned company founded by Derek Dunn-Rankin in 1976.MORE
Adams Publishing Group, LLC has acquired MessAge Media, Inc., a group of local community newspapers based in Aitkin and Isle, Minn.
MessAge Media publishes two locally edited weekly newspapers, The Mille Lacs Messenger and the Aitkin Independent Age. In addition the company publishes the weekly Bargain Hunter free distribution shopper, an eight-times-per-year Real Estate Guide, along with an annual Fun Guide, and various special pages and sections throughout the year.MORE
Adams Publishing Group announced that it is acquiring a Mount Airy, N.C., group of publications and associated websites from Champion Media, effective Nov. 1.MORE
The Eau Claire Press Company, a fourth-generation and fifth-generation family-owned media company with a daily newspaper, a weekly agricultural newspaper, a shopper product, a commercial printing division, digital and marketing services, has been sold, according to John Cribb, Cribb, Greene & Cope. The buyer of The Eau Claire Press Company's assets is family-owned Adams Publishing Group, based in Minneapolis, Minn., and chaired by Stephen Adams.MORE
Carl E. Esposito has been named president of Adams Publishing Group – Tennessee/North Carolina (formerly Jones Media), adding to his responsibilities as publisher of The Daily Times in Maryville, Tenn. The announcement was made by Gregg Jones, president of APG - East and executive vice president of Adams Publishing Group.MORE
Jones Media, a fourth-generation family-owned media company with several daily and non-daily community newspapers, tourism-related products and services and a digital marketing solutions agency, has been sold. The buyer of Jones Media's assets is family-owned Adams Publishing Group, based in Minneapolis, Minn., and chaired by Steve Adams.
Gregg Jones will continue as president and CEO of Jones Media, a role he has held for more than 15 years, and will succeed his late father, John M. Jones, III, as publisher of The Greeneville Sun.
Additionally, Steve Adams and his family have asked Gregg Jones to assume a greater leadership position within their overall rapidly-growing newspaper publishing operations nationally.MORE
Read about the latest job openings posted on the SNPA website. And, send us your listings to post at no cost.More
Five years after its inception, Main Street Media of Tennessee is a fast-growing media company operating in the suburbs of Nashville. Publishers of eight weekly newspapers, magazines and websites, the company's focus on hyper-local news unique to each community has allowed it to grow ad revenue as well as circulation.
In three weeks, at the SNPA News Industry Summit, hear how a "print-first" operation has been able to buck the trends and set itself on a path for continued growth.
Dave Gould, president and CEO of Main Street Media, says: "The idea that people no longer want to read newspapers is, in my opinion, completely misguided. But as an industry, we have to be honest and ask ourselves if we are offering our communities a product that will attract and retain readers. If we do that, can we then build a business model that will support our efforts to provide readers with strong newspapers? I believe the answer is 'yes' and that has been the basis of our company's growth to this point."More