New Media Investment Group to acquire Austin American-Statesman
New Media Investment Group Inc., one of the largest publishers of locally based print and online media in the United States as measured by number of publications, announced today that it has agreed to acquire the Austin American-Statesman and its niche publications and companion websites from Cox Media Group, LLC for $47.5 million.
MORESC Business Publications LLC sells operating assets
SC Business Publications LLC, which publishes SC Biz News, Charleston Regional Business Journal, Columbia Regional Business Journal, GSA Business Report, SCBIZ and other affiliated titles, has sold its operating assets to a unit of New Media Investment Group.
MORENew Media completes the acquisition of Harris Enterprises
New Media Investment Group Inc. has completed the acquisition of substantially all of the assets of Harris Enterprises Inc.
Dirks, Van Essen & Murray, a merger and acquisition firm based in Santa Fe, N.M., represented Harris Enterprises in the sale.
MORENew Media Investment Group to acquire assets of Harris Enterprises
New Media Investment Group Inc. has entered into a definitive agreement to acquire the newspapers and most other assets of Harris Enterprises Inc. The six newspapers will be operated by a division of New Media's GateHouse Media.
MORENew Media Investment Group acquires Rochester Business Journal
Dirks, Van Essen & Murray, a merger and acquisition firm based in Santa Fe, N.M., represented New Media Investment Group in its recently announced agreement to acquire Rochester Business Journal. Terms of the transaction were not disclosed.
MORENew Media Investment Group to acquire Columbia Daily Tribune
New Media Investment Group Inc. has entered into a definitive agreement to acquire the Columbia (Mo.) Daily Tribune.
The Daily Tribune has been owned by members of the Waters family for the past 111 years. The newspaper serves a large region in central Missouri with 15,000 daily and 17,000 Sunday circulation. Columbia is home to the University of Missouri with more than 30,000 students.
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We have a new website:
www.newspapers.org
America's Newspapers – the association formed from the merger of the Inland Press Association and Southern Newspaper Publishers Association – was ceremonially launched October 6 at its inaugural annual meeting in Chicago.
Dean Ridings will be its chief executive officer, effective Nov. 11.
America's Newspapers unites two of the oldest press associations to form one of the industry's largest advocates for newspapers and the many benefits to their communities, civil life, freedom of expression and democracy.
"Newspaper journalism provides a voice for the voiceless, challenges elected officials, shines a light on government, calls for change when change is needed, and exposes corruption and injustice," said Chris Reen, the president and publisher of The Gazette in Colorado Springs who will serve as the first president of America's Newspapers.
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New association launches today;
SNPA-Inland merger is complete
A new association formed by the consolidation of SNPA and the Inland Press Association was officially launched today. The name of the new association will be announced on Oct. 6 at the association's first annual meeting in Chicago.
Edward VanHorn, SNPA's executive director, said that the merger unites two of the country's oldest press associations into a progressive new organization that will use its bigger and more powerful voice to be an unapologetic advocate for newspapers.
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