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MediaNews Group, based in Denver, Coloradomarker, is one of the largest newspaper companies in the United Statesmarker. It is privately owned and operates 56 daily newspapers in 12 states, with combined daily and Sunday circulation of approximately 2.6 million and 2.9 million, respectively. The company also owns KTVAmarker, a CBS affiliate in Anchorage, Alaskamarker, and radio stations in Texasmarker.

The company's chairman is Gary Wright and its chief executive officer and vice chairman is founder William Dean Singleton. The president is Jody Lodovic.

History

Singleton founded MediaNews Group in 1983.

In August, 2006, the company took out around $350 million in loans to purchase four newspapers from McClatchy Company. Among those providing the loan was the Bill and Melinda Gates Foundation. The loan was mostly used to help pay for the acquisition of two significant San Francisco Bay Areamarker newspapers (and some smaller papers), including the San Jose Mercury News and the Contra Costa Times, the dominant papers in the San Josemarker and Contra Costa County, Californiamarker markets; in total, the purchases amounted to roughly $737 million.

Hearst Corporation owns 31% of MediaNews publications outside the San Francisco Bay area. Form 10-Q

In 2004, MediaNews Group acquired the York Daily Record, a 45,000 circulation morning paper in York, Pennsylvaniamarker.

New England Newspapers

In 1995 MediaNews made its first foray into New Englandmarker, purchasing the Berkshire Eagle and associated newspapers, including the Vermontmarker dailies Brattleboro Reformer and Bennington Banner and Connecticutmarker daily Middletown Press, the last of which it sold soon after to Journal Register Company.

In the next two years, MediaNews expanded its footprint across Massachusetts' northern tier with its purchases of the North Adams Transcript (1996), Sentinel & Enterprise in Fitchburgmarker (1997) and The Sun of Lowellmarker (also in 1997). MediaNews also purchased the Connecticut Post in 2000, paying $203 million.

In 2007, MediaNews expanded in Connecticut, operating the Stamford Advocate and the Greenwich Time, two dailies in lower Fairfield County with a combined circulation of about 35,000. The Hearst Corporation purchased the two papers from the Tribune Company, and MediaNews operated them through an existing agreement between the two companies until August 2008, when Hearst bought out MediaNews' interest in the Connecticut papers.

The New England papers are owned by New England Newspapers Incorporated, a solely owned subsidiary of MediaNews Group. The subsidiary president is Andrew H. Mick.

Corporate Culture

MediaNews Group is known as a cost-cutter in the newspaper publishing industry. The company has a reputation for buying smaller daily newspapers in a single area (examples include Los Angeles and the San Francisco Bay Area) and consolidating their operations, including sharing staff writers and printing facilities. As a result of the cost-cutting, according to an article in the Los Angeles Times, some former employees say that the newspapers are focused on making a profit to the detriment of good journalism.

On the other hand, Singleton is quick to point out that MediaNews is committed to print journalism, not diversification into other media. The Berkshire Eagle editor David E. Scribner, two years after MediaNews bought his newspaper, said the staff respected Singleton despite layoffs because of his hands-on leadership and "traditional emphasis on good writing."

Antitrust Allegations

On July 14, 2006, San Francisco businessman and real estate investor Clint Reilly filed a lawsuit against MediaNews Group and San Francisco Chronicle parent Hearst Corporation, alleging that the two companies have been conspiring to control advertising rates, a violation of antitrust laws. In November 2006, Reilly's attorney presented to U.S. District Judge Susan Illston a letter from Hearst senior vice president James Asher to MediaNews President Jody Lodovic that said the two companies agreed to "offer national advertising and internet advertising sales for their San Francisco Bay Area newspapers on a joint basis, and to consolidate the San Francisco Bay Area distribution networks of such newspapers ...." Illston, suggesting she had been misled by the companies when they said they had not been collaborating, issued a 14-page ruling forbidding Hearst and MediaNews from working together on national advertising sales or distribution. On December 21, 2006, the San Francisco Bay Guardian and nonprofit Media Alliance filed suit to make the details of Reilly's lawsuit—and MediaNews and the Chronicle's response—public. As a result of the filing, many documents in the case were voluntarily disclosed by the defendants. The judge allowed redacted versions of two more documents to be released. She kept 17 others under seal. One of the documents unsealed was the deposition of Hearst's Asher, who says that as of September 2006, his company had recorded cumulative losses of $330 million on its investment in the Chronicle, which it acquired in mid-2000. He said Hearst proposed selling the Chronicle to MediaNews, but MediaNews didn't offer enough money. Asher also said Hearst and MediaNews have discussed working together for years. Although the trial was scheduled to start Monday, April 30, 2007 in U.S. District Court in San Francisco, the parties announced Wednesday, April 25, 2007 that a settlement had been reached.

Newspapers

Dailies

Daily newspapers owned by MediaNews, alphabetically by state and hometown, are:
 


Weekly newspapers



Other properties

Other MediaNews properties include:

References



External links




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