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Local Media Group

Local Media Group, Inc., formerly Dow Jones Local Media Group and Ottaway Newspapers Inc., owned newspapers, websites and niche publications in California, Maine, Massachusetts, New Hampshire, New York, Oregon and Pennsylvania. It was headquartered in Campbell Hall, New York, and its flagship was the Times Herald-Record, serving Middletown and other suburbs of New York City.

Local Media Group, Inc.
TypeSubsidiary
IndustryNews media
FoundedNovember 1936
DefunctDecember 2013
FateAcquired by New Media Investment Group
HeadquartersCampbell Hall, New York
United States
ProductsDaily and weekly newspapers
Number of employees
1,500
Websitewww.localmediagroupinc.com

The Ottaway organization was founded in by James H. Ottaway Sr., owner of the Endicott Daily Bulletin of Endicott, NY, in 1936. It had grown to nine newspapers in the northeastern United States by 1970, when it was acquired by Dow Jones & Company, publisher of The Wall Street Journal, and later a subsidiary of Rupert Murdoch's News Corporation. Following the 2013 split of News Corporation into 21st Century Fox and News Corp, News Corp sold the Dow Jones Local Media Group to Newcastle Investment Corp., an affiliate of Fortress Investment Group, which placed the holdings in the GateHouse Media portfolio of its New Media Investment Group, renamed Gannett following that company's 2019 acquisition by New Media Investment Group.

History edit

Ottaway newspapers edit

James H. Ottaway Sr. founded the company in November 1936, when he purchased the Bulletin, a semi-weekly paper in Endicott, New York, that he converted to a daily within a year. Ottaway added the Oneonta Star in 1944, followed two years later by the Pocono Record.[1]

The company was a seller more often than a buyer in the 2000s (decade), however, and several observers—including the New York Post, The Boston Globe and Ottaway's own Cape Cod Times—speculated that News Corporation intended to sell all or part of the company in the near future.[2]

Dow Jones Local Media Group edit

Under Dow Jones' ownership, Ottaway sold several newspapers in recent years, however, most recently in December 2006, when the company dealt nearly half its daily newspapers to Community Newspaper Holdings Inc. (CNHI) for $287.9 million (including real estate).[3]

Until December 2006, the following dailies and weeklies were also part of the Ottaway chain. Other than the California and Connecticut newspapers, they are all now part of CNHI.[3]

These four daily newspapers were sold by Ottaway to CNHI for $182 million in 2002:[4]

Also, Ottaway sold the three daily newspapers of Essex County Newspapers Inc. to The Eagle-Tribune of North Andover, Massachusetts, in 2002, for $70 million.[5] The Eagle-Tribune, along with the Essex papers listed below, was later purchased by CNHI.

Sale to Newcastle edit

On September 4, 2013, News Corp announced that it would sell the Dow Jones Local Media Group to Newcastle Investment Corp.—an affiliate of Fortress Investment Group, for $87 million. The newspapers will be operated by GateHouse Media, a newspaper group owned by Fortress. News Corp. CEO and former Wall Street Journal editor Robert James Thomson indicated that the newspapers were "not strategically consistent with the emerging portfolio" of the company.[6] GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27, 2013, to restructure its debt obligations in order to accommodate the acquisition.[7] Newcastle combined Local Media Group with the post-bankruptcy GateHouse Media later in 2013 to form New Media Investment Group. [8]

Holdings edit

Holdings by frequency of publication edit

Dow Jones Local Media Group published eight daily and 15 weekly newspapers in seven U.S. states. Its circulation was given in 2005 as 282,000 daily, 316,000 Sunday and 119,000 daily unique visitors on newspaper Internet sites.[3]

Daily newspapers are:

Weekly and twice-weekly newspapers include the following:

Holdings by location edit

Holdings as of September 2013, immediately after News Corporation sold the Dow Jones Local Media Group portfolio, with its name then shortened to Local Media Group, was merged into the new owner's GateHouse Media group.[9]

California
  • The Desert Dispatch, Barstow, CA[10]
  • The Record, Stockton, CA[11]
  • The Daily Press, Victorville, CA[10]
Massachusetts
  • The Advocate[11]
  • Barnstable Patriot[11]
  • Cape Cod Times[11]
  • Cape Cod View[11]
  • The Chronicle[11]
  • The Fall River Spirit[11]
  • The Inquirer and Mirror, Nantucket, MA[11]
  • Middleboro Gazette[11]
  • Nantucket Today[11]
  • New England Business Bulletin[11]
  • The Spectator[11]
  • The Standard-Times, New Bedford, MA[11]
New Hampshire
  • The Exeter News-Letter[11]
  • Foster's Daily Democrat
  • The Hampton Union[11]
  • The Portsmouth Herald[11]
  • York County Coast Star[11]
  • The York Weekly[11]
New York
  • Limelight Deals, Middletown, NY[11]
  • Marketing Blacksmith, Middletown, NY[11]
  • Orange Magazine[11]
  • Times Herald-Record, Middletown, NY[11]
Oregon
Pennsylvania
  • Pocono Record, Stroudsburg, PA[11]

Footnotes edit

  1. ^ . Archived from the original on 24 January 2007. Retrieved 8 January 2007.
  2. ^ "Ottaway Papers Might Be Sold, Including 16 in N.E.". NEPA Bulletin (Boston, Mass.), December 2007 2008-02-16 at the Wayback Machine, page 3.
  3. ^ a b c "Dow Jones Completes Sale of Six Local Newspapers." Dow Jones & Company press release, December 5, 2006.
  4. ^ "Dow Jones To Sell Four Ottaway Newspapers", accessed January 8, 2007.
  5. ^ "Bay State Paper Gets to Grow in Its Own Backyard". NewsInc, April 22, 2002. Accessed January 8, 2006.
  6. ^ "News Corp. sells 33 papers to New York investors". New York Business Journal. Retrieved 4 September 2013.
  7. ^ "GateHouse Files for Bankruptcy as Part of Fortress Plan". Bloomberg.
  8. ^ New Media Investment Group. 2014 Annual Report (PDF).
  9. ^ . Archived from the original on 2013-09-29. Retrieved 2023-02-23. {{cite web}}: Missing or empty |title= (help)
  10. ^ a b . Local Media Group. Archived from the original on 2014-12-29. Retrieved 19 June 2014.
  11. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z Dow Jones Local Media Group. "Locations". Retrieved 11 April 2012.

local, media, group, formerly, jones, ottaway, newspapers, owned, newspapers, websites, niche, publications, california, maine, massachusetts, hampshire, york, oregon, pennsylvania, headquartered, campbell, hall, york, flagship, times, herald, record, serving,. Local Media Group Inc formerly Dow Jones Local Media Group and Ottaway Newspapers Inc owned newspapers websites and niche publications in California Maine Massachusetts New Hampshire New York Oregon and Pennsylvania It was headquartered in Campbell Hall New York and its flagship was the Times Herald Record serving Middletown and other suburbs of New York City Local Media Group Inc TypeSubsidiaryIndustryNews mediaFoundedNovember 1936DefunctDecember 2013FateAcquired by New Media Investment GroupHeadquartersCampbell Hall New YorkUnited StatesProductsDaily and weekly newspapersNumber of employees1 500Websitewww localmediagroupinc comThe Ottaway organization was founded in by James H Ottaway Sr owner of the Endicott Daily Bulletin of Endicott NY in 1936 It had grown to nine newspapers in the northeastern United States by 1970 when it was acquired by Dow Jones amp Company publisher of The Wall Street Journal and later a subsidiary of Rupert Murdoch s News Corporation Following the 2013 split of News Corporation into 21st Century Fox and News Corp News Corp sold the Dow Jones Local Media Group to Newcastle Investment Corp an affiliate of Fortress Investment Group which placed the holdings in the GateHouse Media portfolio of its New Media Investment Group renamed Gannett following that company s 2019 acquisition by New Media Investment Group Contents 1 History 1 1 Ottaway newspapers 1 2 Dow Jones Local Media Group 1 3 Sale to Newcastle 2 Holdings 2 1 Holdings by frequency of publication 2 2 Holdings by location 3 FootnotesHistory editOttaway newspapers edit James H Ottaway Sr founded the company in November 1936 when he purchased the Bulletin a semi weekly paper in Endicott New York that he converted to a daily within a year Ottaway added the Oneonta Star in 1944 followed two years later by the Pocono Record 1 The company was a seller more often than a buyer in the 2000s decade however and several observers including the New York Post The Boston Globe and Ottaway s own Cape Cod Times speculated that News Corporation intended to sell all or part of the company in the near future 2 Dow Jones Local Media Group edit Under Dow Jones ownership Ottaway sold several newspapers in recent years however most recently in December 2006 when the company dealt nearly half its daily newspapers to Community Newspaper Holdings Inc CNHI for 287 9 million including real estate 3 Until December 2006 the following dailies and weeklies were also part of the Ottaway chain Other than the California and Connecticut newspapers they are all now part of CNHI 3 Santa Cruz Sentinel daily of Santa Cruz California The News Times daily of Danbury Connecticut The Spectrum weekly of Milford Connecticut Traverse City Record Eagle daily of Traverse City Michigan The Grand Traverse Herald weekly of Traverse City Michigan Cooperstown Crier weekly of Cooperstown New York Daily Star of Oneonta New York Press Republican of Plattsburgh New York Daily Item of Sunbury Pennsylvania The Danville News weekdays only of Danville PennsylvaniaThese four daily newspapers were sold by Ottaway to CNHI for 182 million in 2002 4 The Herald of Sharon Pennsylvania The Independent of Ashland Kentucky The Free Press of Mankato Minnesota The Joplin Globe of Joplin MissouriAlso Ottaway sold the three daily newspapers of Essex County Newspapers Inc to The Eagle Tribune of North Andover Massachusetts in 2002 for 70 million 5 The Eagle Tribune along with the Essex papers listed below was later purchased by CNHI Daily News of Newburyport of Newburyport Massachusetts Gloucester Daily Times of Gloucester Massachusetts Salem Evening News of Salem MassachusettsSale to Newcastle edit On September 4 2013 News Corp announced that it would sell the Dow Jones Local Media Group to Newcastle Investment Corp an affiliate of Fortress Investment Group for 87 million The newspapers will be operated by GateHouse Media a newspaper group owned by Fortress News Corp CEO and former Wall Street Journal editor Robert James Thomson indicated that the newspapers were not strategically consistent with the emerging portfolio of the company 6 GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27 2013 to restructure its debt obligations in order to accommodate the acquisition 7 Newcastle combined Local Media Group with the post bankruptcy GateHouse Media later in 2013 to form New Media Investment Group 8 Holdings editHoldings by frequency of publication edit Dow Jones Local Media Group published eight daily and 15 weekly newspapers in seven U S states Its circulation was given in 2005 as 282 000 daily 316 000 Sunday and 119 000 daily unique visitors on newspaper Internet sites 3 Daily newspapers are Ashland Daily Tidings of Ashland Oregon sold Cape Cod Times of Barnstable Massachusetts Mail Tribune of Medford Oregon sold Pocono Record of Stroudsburg Pennsylvania The Portsmouth Herald of Portsmouth New Hampshire The Record of Stockton California The Standard Times of New Bedford Massachusetts Times Herald Record of Middletown New YorkWeekly and twice weekly newspapers include the following The Barnstable Patriot of Barnstable Massachusetts The Inquirer amp Mirror of Nantucket Massachusetts Hathaway Publishing published alongside The Standard Times The Advocate of Fairhaven Massachusetts The Chronicle of Dartmouth Massachusetts The Fall River Spirit of Fall River Massachusetts Middleboro Gazette of Middleborough Massachusetts The Spectator of Somerset Massachusetts The New England Business Bulletin of Southeastern Massachusetts Seacoast Media Group published alongside The Portsmouth Herald The Exeter News Letter of Exeter New Hampshire twice weekly The Hampton Union of Hampton New Hampshire twice weekly The Rockingham News of Plaistow New Hampshire York County Coast Star of Kennebunk Maine The York Weekly of York Maine Hudson Valley Media Group published alongside the Times Herald Record The Gazette of Port Jervis New YorkHoldings by location edit Holdings as of September 2013 immediately after News Corporation sold the Dow Jones Local Media Group portfolio with its name then shortened to Local Media Group was merged into the new owner s GateHouse Media group 9 CaliforniaThe Desert Dispatch Barstow CA 10 The Record Stockton CA 11 The Daily Press Victorville CA 10 MassachusettsThe Advocate 11 Barnstable Patriot 11 Cape Cod Times 11 Cape Cod View 11 The Chronicle 11 The Fall River Spirit 11 The Inquirer and Mirror Nantucket MA 11 Middleboro Gazette 11 Nantucket Today 11 New England Business Bulletin 11 The Spectator 11 The Standard Times New Bedford MA 11 New HampshireThe Exeter News Letter 11 Foster s Daily Democrat The Hampton Union 11 The Portsmouth Herald 11 York County Coast Star 11 The York Weekly 11 New YorkLimelight Deals Middletown NY 11 Marketing Blacksmith Middletown NY 11 Orange Magazine 11 Times Herald Record Middletown NY 11 OregonAshland Daily Tidings 11 sold Medford Mail Tribune 11 sold The Nickel Medford OR 11 sold PennsylvaniaPocono Record Stroudsburg PA 11 Footnotes edit DowJones com Community Media Archived from the original on 24 January 2007 Retrieved 8 January 2007 Ottaway Papers Might Be Sold Including 16 in N E NEPA Bulletin Boston Mass December 2007 Archived 2008 02 16 at the Wayback Machine page 3 a b c Dow Jones Completes Sale of Six Local Newspapers Dow Jones amp Company press release December 5 2006 Dow Jones To Sell Four Ottaway Newspapers accessed January 8 2007 Bay State Paper Gets to Grow in Its Own Backyard NewsInc April 22 2002 Accessed January 8 2006 News Corp sells 33 papers to New York investors New York Business Journal Retrieved 4 September 2013 GateHouse Files for Bankruptcy as Part of Fortress Plan Bloomberg New Media Investment Group 2014 Annual Report PDF https web archive org web 20130929010258 http www dowjoneslmg com locations Archived from the original on 2013 09 29 Retrieved 2023 02 23 a href Template Cite web html title Template Cite web cite web a Missing or empty title help a b Locations Local Media Group Archived from the original on 2014 12 29 Retrieved 19 June 2014 a b c d e f g h i j k l m n o p q r s t u v w x y z Dow Jones Local Media Group Locations Retrieved 11 April 2012 Retrieved from https en wikipedia org w index php title Local Media Group amp oldid 1146110250, wikipedia, wiki, book, books, library,

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