All entries tagged with “New Media Investment Group”
Sarasota Herald-Tribune, Parent Company Sold
The Sarasota Herald-Tribune and its parent company, Halifax Media, were sold to New Media Investment Group, the newspaper reported Thursday. The move comes three years after Halifax bought the newspaper and other regional publications from the New York Times Company. Halifax Media, according to its website, published 36 newspapers, most of then in the Southeast United States. The Herald-Tribune was among 16 papers purchased by the fledging media compani in 2011. The company is based in Daytona Beach. New Media Investment Group is a publicly traded company on the New York Stock Exchange. According to its website, the company is focused on investing in a portfolio of high-qulaity local media. "We are one of the largest publishers of locally based print and online media in the United States as measured by number of daily publications. We operate in over 370 markets across 27 states," reads the New Media website. "Our portfolio of products, which includes 450 community publications, over 370 related websites, and six yellow page directories, serves more than 130,000 business advertising accounts and reaches approximately 14 million people on a weekly basis." Halifax advertises that its dailies together have a combined 720,000 Sunday criculation and 635,000 daily subscription. New Media has reported it will spend $280 million in a cash transaction to buy Halifax. In 2011, Halifax paid $143 million in cash to buy the Herald-Tribune and other NYT regional papers. 
|
CategoriesArchives
Tags |
Connect
Follow Us
Subscribe Today
Celebrate the sprit of our hometown with SRQ Magazine. Published 10x a year, SRQ Magazine captures the people, tastes, culture, boutiques and philanthropic hearts of Sarasota, Bradenton Area and the Barrier Islands on the West Coast of Florida. We invite you to experience living and loving local - in print and online. Welcome to the SRQ family!
SUBSCRIBEAbout Us
SRQ Media transforms what it means to live and love local through its portfolio of hyper-local print and online publications including its flagship city regional SRQ Magazine, its documentary, and video production division Moving Stories and non-profit development division Story Project. The SRQ Media team leverages its strong audience footprint to catalyze visionary community programs such as SB2: Regional Symposia Series, Women in Business, SMARTgirl, SkillSHARE and ProjecThinkby engaging individuals to positively impact their hometown of Sarasota and the Bradenton Area situated on the vibrant West Coast of Florida.
SRQ Gives Back
SRQ Media supports regional charitable, cultural and education organizations and not-profits throughout the year with custom programs and sponsorships.
Learn More