Sun Media Group has announced it has agreed to sell The Westerly Sun and its related publications and websites to Rhode Island Suburban Newspapers, also known as RISN Operations.MORE
The Greensheet, which has been published in Houston for 48 years, has entered into a preliminary agreement to be sold to McElvy Media Group. The transaction is targeted to close Sept. 1.MORE
CNHI, LLC, one of the country's leading providers of local news and information, said Monday it is exploring the sale of its newspaper properties in 22 states.
The announcement was made after its parent company, Raycom Media Inc., reported it has signed an agreement to be acquired by Gray Television group, a public company headquartered in Atlanta. The transaction does not include CNHI's more than 100 newspapers (68 dailies and more than 40 non-dailies).MORE
A newly formed company, the Coastside News Group, has acquired the Half Moon Bay Review newspaper and related publications from Wick Communications.
Dirks, Van Essen, Murray & April, a media merger and acquisition firm based in Santa Fe, N.M., represented Wick Communications in the transaction. Terms of the transaction were not disclosed.MORE
Owen Van Essen and Phil Murray have announced that Sara April has become a partner in the firm, now renamed Dirks, Van Essen, Murray & April.MORE
The Star-Journal Publishing Corp. of Pueblo, Colo., has reached an agreement to sell The Pueblo Chieftain newspaper to GateHouse Media, one of the largest publishers of locally based media in the United States.
Dirks, Van Essen & Murray, a media merger and acquisition firm based in Santa Fe, N.M., represented the Rawlings family in the transaction. Terms of the sale were not disclosed.MORE
The Wenatchee (Wash.) World, which has been published by the Woods family for 111 years, has been sold to Wick Communications, a third-generation family-owned and operated media corporation, of Sierra Vista, Ariz.MORE
AIM Media Midwest, LLC has acquired the publishing assets of The Sentinel Company, Inc. of Bowling Green, Ohio. The publication and affiliated website included in the transaction are the daily Sentinel-Tribune serving Bowling Green and surrounding Wood County, www.sent-trib.com and a variety of other specialty and periodic publications.MORE
The Ottawa (Ill.) Times has been sold to Shaw Media of Crystal Lake, Ill., according to Len R. Small, president of Small Newspapers. The Times serves both Ottawa and Streator, Ill., publishing a newspaper five days a week. The asset sale includes related operations, including Starved Rock County Magazine, a regional travel publication.
Dirks, Van Essen & Murray, a media merger and acquisition firm based in Santa Fe, N.M., represented the Small Newspaper Group in the transaction.MORE
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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