W.B. Grimes changes ownership
W.B. Grimes & Company, a leading mergers and acquisitions (M&A) advisory firm serving the media, entertainment and professional sports industries, has announced that its Global Media, Events & Information Services Group, and its Newspapers Group have been acquired by John J. McGovern, a former senior associate with the firm.
MORECourier-Times sold to Dunn Daily Record
The Daily Record (Dunn, N.C.) has expanded its operation with the acquisition of The Courier-Times of Roxboro, one of North Carolina's leading community newspapers.
Daily Record publisher Bart Adams, along with Brent Adams and Maere Kay Lashmit, announced the purchase. Their father and mother, Hoover and Mellicent Adams, founded The Daily Record in 1950.
Brinn Clayton, Courier-Times publisher, and Bart Adams are longtime friends and that friendship played an important role in the sale.
MOREAdams Publishing Group acquires MessAge Media
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.
MORESincell Publishing announces sale of The Republican after 127 years
NCWV Media continued its growth efforts this past week by purchasing The Republican, a weekly newspaper based in Oakland, Md.
MOREHavana Herald sold
The Herald, a weekly newspaper in Havana, Fla., owned and operated by Nick Bert, has been sold to Mark Pettus, a veteran newspaper publisher from Jacksonville, Fla.
MORECouncil Grove Republican sale announced
The sale of the Council Grove Republican, published continuously the past 145 years since the first issue on Aug. 24, 1872, has been announced by Craig McNeal, president of Council Grove Publishing Company, Inc. The sale to David Parker, Enid, Okla., is effective July 1.
MOREThe Lakes Area Review in New London, Minn., has new ownership
Ted and Kari Jo Almen, owners of Village Ink, of Kerkhoven, Minn., have reached an agreement with Kim and Michael Hawkenson to purchase their 6,500-circulation weekly newspaper. The purchase became effective May 26.
MORENew Orleans Advocate acquires weekly Tammany Farmer
The New Orleans Advocate's owners expanded their footprint in St. Tammany Parish last week, purchasing The Farmer, a weekly newspaper that has been part of the Northshore's civic life since 1874.
MOREWhat's your exit strategy?
There are several steps publishers can take to potentially increase the value of their publication in a sale. Putting these into action over a 3-5 year period should set the stage for a smooth and rewarding transaction.
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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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