The Inlander

October, 2017

Digital Edition of the Inland Press Association. Offering financial research, salary compensation survey, training for advertising, classifieds, editorial, circulation, social media, human resources, special sections and niche products.

Issue link: http://www.ifoldsflip.com/i/881918

Contents of this Issue

Navigation

Page 1 of 23

PAGE 2 THE INLANDER • INLANDPRESS.ORG • OCTOBER 2017 GOT NEWS INLAND MEMBERS SHOULD KNOW ABOUT? Send it along to inland@inlandpress.org BRIEFS CNHI MERGING WITH BROADCAST GROUP RAYCOM MEDIA, INC. R aycom Media Inc. and Community News- paper Holdings Inc. are merging, forming one of the nation's largest privately owned media groups. Raycom Media owns or operates 65 television and two radio stations covering 44 markets in 20 states. CNHI owns more than 110 newspapers, websites and niche publications in 22 states. U n d e r t h e m e r g e r agreement, CNHI will operate as a Raycom Media subsidiary. "Quality local jour- nalism is the foun- d a t i o n o f R ayc o m Media and CNHI. This t r a n s a c t i o n w i l l strengthen both organizations' local content-gener- ation efforts, as well as monetization capabilities, while positioning the combined entity for future growth and superior service to our clients and audience," said Pat LaPlatney, president and CEO of Raycom Media. "This marks an important milestone in our history as we combine two award-winning media organizations with the common mission of delivering quality local news and information across print, broadcast and digital platforms," said Donna Barrett, president and CEO of CNHI. "While it is contrary to the trend of separating news- papers and television properties, we believe the synergies this merger creates will only enhance our ability to deliver exceptional local content, extend our community presence and grow our respective multi- media footprints," added LaPlatney. The merger was expected to be completed on Sept. 29. In seven cases where markets for Raycom Media broadcast stations and CNHI newspapers overlap, the newspaper properties will be sold to a third party. Raycom Media stations and CNHI newspapers have received numerous national, regional and state honors for news coverage and programs including the Society of Professional Journalists' Sigma Delta Chi Awards, Peabody Awards, Dupont-Columbia University Awards for investigative reporting and hurricane coverage, and Edward R. Murrow Awards for public service, investigative reporting and breaking news coverage. Sold in last 18 months: 23 Daily newspapers 130 total publications In 15 transactions To 13 different buyers Cribb, Greene & Cope is pleased to have represented so many families and companies in their sale processes. John Cribb JCribb@Cribb.com 406.579.2925 Gary Greene GGreene@Cribb.com 434.227.0952 Randy Cope RCope@Cribb.com 214.356.3227 D & V M Santa Fe, NM t: 505.820.2700 www.dirksvanessen.com Dirks, Van Essen & Murray We are pleased to have represented the Markham family in this transaction. MARKHAM FAMILY HAS SOLD TO ANTELOPE VALLEY PRESS INC. ANTELOPE VALLEY (CA) PRESS 11,000 daily circulation 18,000 Sunday circulation

Articles in this issue

Links on this page

Archives of this issue

view archives of The Inlander - October, 2017