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Tuesday, October 25, 2022

Adams Publishing is buying Yellowstone, a 13-newspaper group that is the largest with ownership in Montana

Adams Publishing Group is buying Yellowstone Newspapers, a group of 13 small-town Montana papers. "This marks the end of a 57-year reign in the local newspaper business for the Yellowstone Group," Ray Schultz writes for Publishers Daily. "Founded in 2014, Adams Publishing is a family-owned group that now owns more than 120 newspapers and more than 220 media-related and associated digital products in 19 states." It is based in Minnesota.

In Montana, Adams already owns the Bozeman Daily Chronicle and Belgrade News. The papers being bought are The Livingston Enterprise, The Miles City Star, The Glendive Ranger-Review, The Lewistown News-Argus, The Dillon Tribune, The Big Timber Pioneer, The Laurel Outlook, The Carbon County News, The Bighorn County News, The Stillwater County News, The Terry Tribune, The Independent Press in Forsyth, and The Judith Basin Press.

Yellowstone is Montana's largest newspaper group with in-state ownership, Eric Dietrich of Montana Free Press reports, giving a rundown of the major owners. The sale is expected to close Nov. 1. Terms were not disclosed.

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