Wednesday, September 04, 2013

News Corp. sells 33 publications to investors, who hire GateHouse Media to manage them

News Corp., which is controlled by Rupert Murdoch, announced Tuesday it has sold the Dow Jones Local Media Group, which operates 15 weeklies, eight dailies and 33 overall publications, many of them rural, to an affiliate of Fortress Investment Group. But the publications will be managed by GateHouse Media, a company that runs more than 400 community publications and approximately 350 related websites, states a press release from News Corp. 

Weeklies and magazines in the deal include the Barnstable Patriot (Barnstable, Mass.), The Inquirer & Mirror (Nantucket, Mass.), The Advocate (Fairhaven, Mass.), The Chronicle (Dartmouth, Mass.), The Fall River Spirit (Fall River, Mass.), the Middleboro Gazette (Middleborough, Mass.), The Spectator (Somerset, Mass.), The Exeter News-Letter (Exeter, N.H.), The Hampton Union (Hampton, N.H.), The Rockingham News of (Plaistow, N.H.), the     York County Coast Star (Kennebunk, Me.), The York Weekly (York, Me.), The Gazette (Port Jervis, N.Y.), the Nickel (Medford, Ore.), the Limelight Deals (Middletown, N.Y.), the Marketing Blacksmith (Middletown, N.Y.), Cape Cod View, and Nantucket Today.

The eight dailies are the Times Herald-Record (Middletown, N.Y.); Cape Cod Times (Hyannis, Mass.); The Record (Stockton, Calif.); The Standard-Times (New Bedford, Mass.); The Pocono Record (Stroudsburg, Pa.); The Herald (Portsmouth, N.H.); The Mail Tribune (Medford, Ore.), and The Daily Tidings (Ashland, Ore.). (Read more)

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