Like In Fact News, Inc.

closed 3/29/2010 via Company Press Release

The Statesman Co., acquired In Fact News, Inc.

synopsis: The Statesman Co. has purchased In Fact Daily, Austin’s daily electronic newswire that covers City Hall and local politics. In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics.
buyer: The Statesman Co.
The Austin American-Statesman is part of The Statesman Co., a multimedia company that includes print, digital, delivery, commercial printing and packaging. In print and online, Statesman brands are Central Texas’ top news, entertainment, shopping and information sources. "
target: In Fact News, Inc.
In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics. The company was founded in 1995 and is based in Austin, Texas.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2013 via BNC Analysis

Capital of Texas Media Foundation, acquired In Fact News, Inc.

synopsis: In Fact Daily announced that it had been acquired by Capital of Texas Media Foundation. In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics. The company was founded in 1995 and is based in Austin, Texas.
buyer: Capital of Texas Media Foundation
Capital of Texas Media Foundation is a nonprofit organization that owns media companies. "
target parent: The Statesman Co.
target: In Fact News, Inc.
In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics. The company was founded in 1995 and is based in Austin, Texas.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/3/2020 via BNC Analysis

Grist, acquired Pacific Standard

synopsis: Grist, an American non-profit online magazine that has been publishing environmental news and commentary since 1999, announced that it has acquired the digital archives and brand assets of online social and environmental-social justice magazine Pacific Standard.
buyer: Grist
Grist is an American non-profit online magazine that has been publishing environmental news and commentary since 1999. Grist's taglines are "Gloom and doom with a sense of humor" and "A beacon in the smog". Grist is headquartered in Seattle, Washington, and has 35 writers and employees. "
target parent: The Social Justice Foundation
target: Pacific Standard
Pacific Standard was an online magazine that reported on issues of social and environmental justice. Founded in 2008, the magazine was published in print and online for ten years until production of the print edition ceased in 2018 and it transitioned to an online-only format, which folded in 2019.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/6/2019 via Company Press Release

WNET.org, acquired NJ Spotlight, LLC

synopsis: NJ Spotlight was acquired by WNET, the largest PBS affiliate in the nation and the parent company of NJTV and Thirteen. NJ Spotlight provides insight and information on issues critical to New Jersey, with the aim of informing and engaging the state’s communities and businesses.
buyer: WNET.org
WNET.ORG is the premier public media provider of the New York City metropolitan area and parent company of public television stations THIRTEEN and WLIW21. WNET.ORG also hosts digital services such as THIRTEEN HD, KidsTHIRTEEN, WLIW Create, and WLIW World. "
target: NJ Spotlight, LLC
NJ Spotlight provides insight and information on issues critical to New Jersey, with the aim of informing and engaging the state’s communities and businesses. They are nonpartisan, independent, policy-centered and community-minded.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/26/2018 via BNC Analysis

Torstar Corporation, will acquire iPolitics

synopsis: Torstar Corp., publisher of the Toronto Star, says it has agreed to buy Ottawa-based digital news outlet iPolitics Inc. iPolitics provides its subscribers with daily political news and industry briefs, a quarterly magazine, podcasts and specialized parliamentary monitoring services.
buyer: Torstar Corporation (TSX:TS.B:$337.21)
Torstar Corporation is a Canadian media and publishing company. The company is primarily a publisher of daily and community papers, including its flagship and namesake, the Toronto Star. "
target: iPolitics
iPolitics provides its subscribers with daily political news and industry briefs, a quarterly magazine, podcasts and specialized parliamentary monitoring services. They are based in Ottawa, Canada.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/11/2018 via PR Newswire

Raw Story, acquired AlterNet Media

synopsis: AlterNet.org, a pioneer and leader in progressive online journalism, has been acquired by the partners of RawStory.com. AlterNet has been a top content provider in the progressive and independent media world since 1997,
buyer: Raw Story
Raw Story is an investigative news nexus that highlights underreported news and rejects the traditional media narratives of power and influence. Raw Story has grown from a pure play political news site to a collaborative, investigative powerhouse that reaches more than 1.6 million readers per month."
target: AlterNet Media
AlterNet.org is a pioneer and leader in progressive online journalism. AlterNet has been a top content provider in the progressive and independent media world since 1997, with consistently increasing audiences currently averaging 7 million unique visitors per month.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/15/2017 via BNC Analysis

Allison Ross, acquired YellowHammer News

synopsis: Allison Ross is the new owner and publisher of Yellowhammer News, Alabama's go-to source of news and opinion on politics, faith and culture.
buyer: Allison Ross
Allison Ross is a successful consulting, real estate, and public relations entrepreneur. Ross earned a degree in broadcast news and political science from the University of Alabama and has been an advisor to Yellowhammer Multimedia for a number of years. "
target: YellowHammer News
Yellowhammer News is Alabama's go-to source of news and opinion on politics, faith and culture.
price ($mm)
rev ($mm)
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EV / rev
EV / EBITDA
announced 11/25/2015 via Market Wire

True Blue Media, LLC, will acquire Blue Nation Review

synopsis: MOKO Social Media Limited announced that its political commentary platform, Blue Nation Review, will be sold to True Blue Media, LLC, a newly-formed company currently wholly owned by David Brock, founder of Media Matters, a U.S. progressive-based research and information center.
buyer: True Blue Media, LLC
True Blue Media, LLC, a newly-formed company currently wholly owned by David Brock, founder of Media Matters, a U.S. progressive-based research and information center. "
target parent: MOKO.mobi Limited
target: Blue Nation Review
Blue Nation Review is a political commentary platform. Blue Nation Review’s goal is to take what makes USA great, her people who come from all walks of life, and mobilize them into a progressive community dedicated to moving the great country into the 21st century.
price ($mm)
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closed 9/24/2015 via BNC Analysis

Contexte SAS, acquired Europolitics

synopsis: The French political news website Contexte announced it had bought the defunct EU affairs newspaper and website Europolitics. Europolitics is the leading independent source of European news. Europolitics is a daily publication, a web service and a quarterly magazine.
buyer: Contexte SAS
Contexte SAS is a French political news website. Contexte SAS is located in Paris, France and was created by Jean-Christophe Boulanger, Clementine and Chloe Forissier Half. "
target: Europolitics
Europolitics is the leading independent source of European news. Europolitics is a daily publication, a web service and a quarterly magazine.
price ($mm)
rev ($mm)
$2
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 5/19/2015 via PR Newswire

Al-Monitor, LLC, acquired RealClearPolitics.com

synopsis: Crest Media, owner of leading Middle East news outlet Al-Monitor, and Real Clear Investors, current co-owner of RealClearPolitics, have purchased the remaining equity stake in RealClearPolitics from Forbes Media LLC. Al-Monitor and RealClearPolitics together plan to cross-promote and enhance delivery of news and information to their readers.
buyer: Al-Monitor, LLC
Al-Monitor, launched February 13, 2012, features unmatched reporting and analysis by prominent journalists and experts from the Middle East, including through its Egypt, Iran, Iraq, Israel, Lebanon, Palestine, Syria and Turkey Pulses. "
target parent: Forbes, Inc.
target: RealClearPolitics.com
RealClearPolitics.com has become one of America’s premier independent political web sites. Updated every morning and throughout the day, RCP culls and publishes the best commentary, news, polling data, and links to important resources from all points of the political compass.
price ($mm)
rev ($mm)
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announced 11/25/2013 via BNC Analysis

PandoDaily, will acquire NSFW Corporation

synopsis: PandoDaily, a news site which covers the technology startup ecosystem with a focus on Silicon Valley, is acquiring NSFW Corporation, the humor- and politics-focused publication founded by former TechCrunch columnist Paul Carr.
buyer: PandoDaily
PandoDaily is a news site which covers the technology startup ecosystem. It was founded in 2012 by Sarah Lacy. PandoDaily offers technology news, analysis, and commentary, with a focus on Silicon Valley and startup companies. "
target: NSFW Corporation
Not Safe For Work Corporation (or NSFW Corporation) is the future of journalism (With Jokes). Founded as a weekly, digital-only, news magazine in 2011, NSFWCORP has since expanded into a monthly print edition. They have no mission statement, no political affiliation and no qualms.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/7/2007 via BusinessWire

Forbes, Inc., acquired RealClearPolitics.com

synopsis: Forbes Media, corporate parent of Forbes.com has acquired a 51% stake in RealClearPolitics.com, a premier political Web site. The founders will remain owners and management.
buyer: Forbes, Inc.
Forbes Media encompasses Forbes and Forbes.com, the #1 business site on the Web that reaches more than 18 million people monthly. The company publishes Forbes and Forbes Asia, which together reach a worldwide audience of more than 5.5 million readers. "
target: RealClearPolitics.com
RealClearPolitics.com has become one of America’s premier independent political web sites. Updated every morning and throughout the day, RCP culls and publishes the best commentary, news, polling data, and links to important resources from all points of the political compass.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/11/2018 via PR Newswire

Raw Story, acquired The New Civil Rights Movement

synopsis: Raw Story's partners have purchased The New Civil Rights Movement, a prominent site focused on politics and civil liberties. The New Civil Rights Movement is an award-winning progressive politics and LGBT news site.
buyer: Raw Story
Raw Story is an investigative news nexus that highlights underreported news and rejects the traditional media narratives of power and influence. Raw Story has grown from a pure play political news site to a collaborative, investigative powerhouse that reaches more than 1.6 million readers per month."
target: The New Civil Rights Movement
The New Civil Rights Movement is an award-winning progressive politics and LGBT news site. The New Civil Rights Movement is a 2014 winner of a GLAAD Media Award.
price ($mm)
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EBITDA ($mm)
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EV / EBITDA
closed 8/31/2016 via BNC Analysis

The Big Smoke, acquired Friday Mash

synopsis: Political satire site Friday Mash has been acquired by Australian opinion forum The Big Smoke. Friday Mash pens political cartoons and humorous articles lampooning local and international public figures.
buyer: The Big Smoke
The Big Smoke is a website featuring opinion pieces from all walks of life including household names and maverick writers. Their aim is to provide a single platform that acts as a stage for the voicing of varied, topical and interesting opinions. "
target: Friday Mash
Friday Mash is a political satire site targeted to Australian audiences and has grown to see strong support in the UK and US. It pens political cartoons and humorous articles lampooning local and international public figures.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 3/9/2016 via Company Press Release

AFK Media Group LLC, acquired Reboot Illinois, LLC

synopsis: AFK Media Group, a Chicago-based investor group, announced it has completed the acquisition of Reboot Illinois from Reboot Media Group, LLC. Founded in 2012, Reboot Illinois, a political journalism website based in Chicago and Springfield, covers the ideas, people and politics behind government in Illinois.
buyer: AFK Media Group LLC
AFK Media is a Chicago-based investor group that invests in digital technology platforms in Chicago and nationally. The principals have significant experience using technology to successfully grow audiences and revenue in digital media companies. "
target: Reboot Illinois, LLC
Founded in 2012, Reboot Illinois, a political journalism website based in Chicago and Springfield, covers the ideas, people and politics behind government in Illinois. In just three years, Reboot Illinois has become Illinois’ top digital hub for political news, infographics and opinions.
price ($mm)
rev ($mm)
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EV / rev
EV / EBITDA
closed 2/18/2010 via Market Wire

Salem Communications Corporation, acquired Hot Air Network, LLC

synopsis: Salem Communications, a radio broadcaster, Internet content provider and magazine publisher targeting audiences interested in faith, family and conservative values, announced that it has acquired HotAir.com -- the popular right-of-center blog showcasing the news, analysis and commentary of Ed Morrissey and AllahPundit.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values. "
target: Hot Air Network, LLC
Began in April 2006 by political commentator Michelle Malkin, HotAir.com has grown into the most popular conservative blog on the web. Bloggers Ed Morrissey and AllahPundit provide round-the-clock breaking news, commentary and insight from a conservative perspective.
price ($mm)
$2.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/31/2019 via BNC Analysis

Downticket merged with Politiscope,

synopsis: Downticket is merging with Politiscope to create a combined app with resources for voters and an option to donate to specific candidates. The new app will retain Politiscope’s name and brand. Downticket is an app with voting guides and allows users to donate directly to campaigns. Downticket makes money by retaining a percentage of the donations.
buyer: Politiscope
Politiscope is an app that helps voters track members of Congress, political candidates, and issues. Users can follow politicians and see info about their voting records in a similar format to sports player profiles. "
target: Downticket
Downticket is the world’s first non-partisan platform dedicated to empowering engagement in down ballot U.S. elections nationwide. Downticket advances tools that put the power of election strategizing, influence, and monitoring at citizens’ fingertips.
price ($mm)
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closed 10/25/2018 via Company Press Release

Kilcullen Kapital Partners, acquired The Business Post

synopsis: Kilcullen Kapital Partners, an investment company founded by businessman Enda O’Coineen, has acquiredThe Business Post from Key Capital. The Business Post is Ireland’s leading business, economic and political newspaper.
buyer: Kilcullen Kapital Partners
Kilcullen Kapital Partners, led by Enda O’Coineen and Donal O’Shaughnessy, is a boutique dynamic investment platform in Funds, Hospitality, Renewable Energy, Property and Technology. Kilcullen Kapital Partners is based in Dublin, Ireland, "
target parent: Key Capital Ltd.
target: The Business Post
The Business Post is Ireland’s leading business, economic and political newspaper. The Business Post Digital platform provides independent insight, commentary and analysis of the important stories and issues across a broad spectrum of topics: business, finance, politics, technology, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/26/2016 via BNC Analysis

Win McCormack, acquired The New Republic

synopsis: Win McCormack, the publisher and editor-in-chief of Tin House magazine and Tin House Books, acquired The New Republic, the nearly century-old magazine of American liberalism, from Chris Hughes, the owner of Jumo. The deal price was not disclosed.
buyer: Win McCormack
Win McCormack is publisher and editor-in-chief of Tin House magazine and Tin House Books. He was educated at Phillips Academy, Andover, Harvard College and the University of Oregon. He holds an AB from Harvard in Government and an MFA from the University of Oregon. "
target parent: Chris Hughes
target: The New Republic
The New Republic is a media organization dedicated to addressing today’s most critical issues. Since 1914, they has provided its readers with an intelligent, stimulating and rigorous examination of American politics, foreign policy, culture, and the arts.
price ($mm)
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closed 2/17/2016 via Company Press Release

Cicero and Monopol, acquired Cicero and Monopol

synopsis: Cicero, the magazine for political culture, and Monopol, the magazine for culture and life, are being acquired by Cicero editor-in-chief Christoph Schwennicke and deputy editor-in-chief Alexander Marguie. They will take over the magazines from Ringier, the largest internationally operating Swiss media company.
buyer: Cicero and Monopol
Christoph Schwennicke is editor-in-chief and Alexander Marguier is deputy editor-in-chief of Cicero, a German magazine for political culture. "
target parent: Ringier AG
target: Cicero and Monopol
Cicero, the magazine for political culture, is a sophisticated and opinion-shaping writer’s magazine. Monopol, the magazine for culture and life, has established itself as an innovative art and lifestyle magazine.
price ($mm)
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EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2013 via BNC Analysis

Capital of Texas Media Foundation, acquired In Fact News, Inc.

synopsis: In Fact Daily announced that it had been acquired by Capital of Texas Media Foundation. In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics. The company was founded in 1995 and is based in Austin, Texas.
buyer: Capital of Texas Media Foundation
Capital of Texas Media Foundation is a nonprofit organization that owns media companies. "
target parent: The Statesman Co.
target: In Fact News, Inc.
In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics. The company was founded in 1995 and is based in Austin, Texas.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/29/2010 via Company Press Release

The Statesman Co., acquired In Fact News, Inc.

synopsis: The Statesman Co. has purchased In Fact Daily, Austin’s daily electronic newswire that covers City Hall and local politics. In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics.
buyer: The Statesman Co.
The Austin American-Statesman is part of The Statesman Co., a multimedia company that includes print, digital, delivery, commercial printing and packaging. In print and online, Statesman brands are Central Texas’ top news, entertainment, shopping and information sources. "
target: In Fact News, Inc.
In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics. The company was founded in 1995 and is based in Austin, Texas.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 3/7/2018 via Company Press Release

New Media Investment Group, will acquire Austin American-Statesman

synopsis: New Media Investment Group Inc. announced that it has agreed to acquire the Austin American-Statesman and its niche publications and companion websites from Cox Media Group, LLC. The Austin American-Statesman has been a trusted, award-winning newspaper in Central Texas for more than 140 years.
buyer: New Media Investment Group (NEWM:$1,588.44)
New Media supports small to mid-size communities by providing locally-focused print and digital content to its consumers and premier marketing and technology solutions to its small and medium business partners. They are one of the largest publishers of locally based print and online media in the US."
target parent: Cox Enterprises Inc.
target: Austin American-Statesman
The Austin American-Statesman is a daily newspaper providing the latest news in Austin and Central Texas. The Austin American-Statesman has a daily circulation of 85,000 and digital subscriptions of 16,786.
price ($mm)
$48
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2013 via BNC Analysis

Capital of Texas Media Foundation, acquired In Fact News, Inc.

synopsis: In Fact Daily announced that it had been acquired by Capital of Texas Media Foundation. In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics. The company was founded in 1995 and is based in Austin, Texas.
buyer: Capital of Texas Media Foundation
Capital of Texas Media Foundation is a nonprofit organization that owns media companies. "
target parent: The Statesman Co.
target: In Fact News, Inc.
In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics. The company was founded in 1995 and is based in Austin, Texas.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/29/2010 via Company Press Release

The Statesman Co., acquired In Fact News, Inc.

synopsis: The Statesman Co. has purchased In Fact Daily, Austin’s daily electronic newswire that covers City Hall and local politics. In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics.
buyer: The Statesman Co.
The Austin American-Statesman is part of The Statesman Co., a multimedia company that includes print, digital, delivery, commercial printing and packaging. In print and online, Statesman brands are Central Texas’ top news, entertainment, shopping and information sources. "
target: In Fact News, Inc.
In Fact News, Inc. publishes a daily electronic newswire that provides news and information about Austin city’s hall and local politics. The company was founded in 1995 and is based in Austin, Texas.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 3/11/2021 via Chicago Tribune

Don Hurd, will acquire The Chesterton Tribune

synopsis: Don Hurd, president of Hoosier Media Group, said he signed a contract to purchase The Chesterton Tribune from David Canright, who served as the paper’s co-publisher with his wife, Margaret Willis. The Chesterton Tribune is a daily local newspaper based in Chesterton, Indiana that was founded in 1884.
buyer: Don Hurd
Don Hurd has over 40 years of experience in newspaper management. Hurd has earned a reputation of producing quality newspapers and increasing profits. "
target: The Chesterton Tribune
The Chesterton Tribune is a daily local newspaper based in Chesterton, Indiana that was founded in 1884.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/3/2021 via Company Press Release

Wick Communications, acquired The Madison Daily Leader

synopsis: The Madison Daily Leader, a family-owned, Monday-Friday afternoon daily newspaper covering Madison, South Dakota and the surrounding area, will be joining Wick Communications, a family-owned newspaper group.
buyer: Wick Communications
Wick Communications are a family owned community news company with 28 newspapers and 18 specialty publications in 12 states. Their newspapers are located in Arizona, Louisiana, Montana, Colorado, Alaska, California, North Carolina, North Dakota, South Dakota, Idaho and Oregon. "
target: The Madison Daily Leader
The Madison Daily Leader is a family-owned, Monday-Friday afternoon daily newspaper covering Madison, South Dakota and the surrounding area.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 2/17/2021 via Company Press Release

Sunlight for All Institute, will acquire The Baltimore Sun

synopsis: Returning The Baltimore Sun to Maryland hands, the state’s largest newspaper and its affiliates are poised to be acquired by a nonprofit formed by businessman and philanthropist Stewart Bainum Jr. that would operate the media organization for the benefit of the community.
buyer: Sunlight for All Institute
Sunlight for All Institute is a nonprofit started by businessman and philanthropist Stewart Bainum Jr. Bainum is chairman of Choice Hotels International, Inc. "
target parent: Tribune Publishing Company, LLC
target: The Baltimore Sun
Founded in 1837, The Baltimore Sun is the largest general-circulation daily newspaper based in Maryland and provides coverage of local and regional news, events, issues, people, and industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/17/2020 via Company Press Release

Clint Reilly, acquired San Francisco Media Co.

synopsis: Clint Reilly Communications, publisher of the Nob Hill Gazette and Gentry Magazine, has announced the acquisition of the San Francisco Examiner’s parent company, the San Francisco Media Co., and its affiliated publications including SF Weekly.
buyer: Clint Reilly
Headquartered in the historic Merchants Exchange Building in the San Francisco Financial District, Clinton Reilly is a diversified family of organizations including commercial real estate, hospitality, event production, food and wine, media and nonprofit educational endeavors. "
target parent: Black Press Ltd.
target: San Francisco Media Co.
The San Francisco Media Co. is a media publishing company that owns the San Francisco Examiner, SF Weekly, and SF Evergreen. The San Francisco Examiner is the highest circulated newspaper in San Francisco and San Mateo Counties.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/18/2020 via BNC Analysis

Santa Maria News Media Inc., purchased Three Newspapers from Lee Enterprises, Inc.

synopsis: After purchasing the newspapers in 2005, Lee Enterprises recently sold the Santa Maria Times, Lompoc Record, and Santa Ynez Valley News to Santa Maria News Media Inc., a newly formed company led by a group of Canadian newspaper executives with a stated commitment to local journalism.
buyer: Santa Maria News Media Inc.
Santa Maria News Media Inc. is a newly formed company led by a group of Canadian newspaper executives with a stated commitment to local journalism. The new owners have newspapers throughout Canada and the United States. "
seller: Lee Enterprises, Inc. (NYSE:LEE:$496.00)
Lee Enterprises is a leading provider of local news and information, and a major platform for advertising, with daily newspapers, rapidly growing digital products and more than 200 weekly and specialty publications serving 50 markets in 20 states.
price ($mm)
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announced 2/26/2020 via Company Press Release

Cox Enterprises Inc., will purchase Three Ohio Newspapers from Apollo Global Management

synopsis: Cox Enterprises Inc., a leading communications, media and automotive services company, has agreed to repurchase the Dayton Daily News, Springfield News-Sun and Journal-News from Apollo Global Management.
buyer: Cox Enterprises Inc.
Cox Enterprises is a leading communications, media and automotive services company. With revenues over $20 billion and approximately 60,000 employees, the company's major operating subsidiaries include Cox Communications; Cox Automotive; and Cox Media Group. "
seller: Apollo Global Management (NYSE:APO:$5,981.01)
The assets included are the Dayton Daily News, Springfield News-Sun and Journal-News from Apollo Global Management. All three newspapers are located in Ohio. Apollo is a leading global alternative investment manager.
price ($mm)
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announced 10/2/2019 via Company Press Release

Schneps Media, will acquire amNewYork

synopsis: Schneps Media, the leading local media company serving New York City, Westchester and Long Island, will acquire amNewYork, a free commuter newspaper in New York City with almost 1 million unique visitors to its website each month.
buyer: Schneps Media
Schneps Media is the leading local media company serving New York City, Westchester and Long Island. IT owns 33 newspapers, 28 magazines and specialty publications and 20 websites, produces numerous podcasts and hosts 50 annual events. "
target parent: Newsday Media Group
target: amNewYork
amNewYork is a free commuter newspaper in New York City with almost 1 million unique visitors to its website each month. By providing a newspaper that fits into a hectic lifestyle, amNewYork reaches a demographic that was until now untouchable by traditional newspapers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/18/2019 via Company Press Release

Ogden Newspapers, Inc., will acquire Sandusky Register and Norwalk Reflector

synopsis: Ogden Newspapers, a West Virginia-based family newspaper company, will buy the Sandusky Register, a daily print and online newspaper that provides news for Erie, Huron, Ottawa and Sandusky counties in Ohio, and Norwalk Reflector, a daily newspaper published in Norwalk, Ohio with a daily distribution of approximately 5,600, from Sandusky Newspapers.
buyer: Ogden Newspapers, Inc.
Ogden Newspapers has been in the publishing and media business since 1890. They publish 47 daily newspapers and several weekly newspapers in 16 states. They are the leading publisher of magazines that serve the sustainable living, rural lifestyle and farm memorabilia communities. "
target parent: Sandusky Newspapers
target: Sandusky Register and Norwalk Reflector
Sandusky Register is a daily print and online newspaper that provides news for Erie, Huron, Ottawa and Sandusky counties in northern Ohio. Norwalk Reflector is a daily newspaper published in Norwalk, Ohio with a daily distribution of approximately 5,600. Both are owned by Sandusky Newspapers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/19/2019 via BNC Analysis

Wick Communications, will acquire Fergus Falls Daily Journal

synopsis: Wick Communications, a family-owned community media company, is to buy The Fergus Falls Daily Journal from Boone Newspapers. The Fergus Falls Daily Journal is a local news journal based in Fergus Falls, Minnesota. They cover local sports, news, weather business and more.
buyer: Wick Communications
Wick Communications is a family-owned community media company with newspapers, websites, magazines and specialty publications in 10 states. Wick publishes newspapers in Arizona, Alaska, Colorado, Idaho, Louisiana, Montana, North Dakota, Oregon, South Dakota and Washington. "
target parent: Boone Newspapers, Inc.
target: Fergus Falls Daily Journal
The Fergus Falls Daily Journal is a local news journal based in Fergus Falls, Minnesota. They cover local sports, news, weather business and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/22/2019 via Company Press Release

Quincy Media, will acquire Hannibal Courier-Post

synopsis: Quincy Media Inc., a family-owned media company, has agreed to purchase the Hannibal Courier-Post, Missouri’s oldest daily newspaper. The move will bring control of the newspaper, currently owned by GateHouse Media, back to the Hannibal, Missouri area.
buyer: Quincy Media
Quincy Media, Inc., formerly known as Quincy Newspapers, Inc., is a family-owned media company that owns and operates television stations in 14 markets, newspapers in two markets, radio in one and digital platforms in all. "
target: Hannibal Courier-Post
Hannibal Courier-Post is Missouri’s oldest daily newspaper. It provides print coverage in several communities around Hannibal, Missouri as well as an online website.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/16/2019 via BNC Analysis

Digital First Media, will acquire Reading Eagle Company

synopsis: Digital First Media, a business name of leading news media company MediaNews Group, has offered to buy the Reading Eagle, a family-owned newspaper in Reading, PA. Reading Eagle is a daily newspaper that covers news, sports, politics, entertainment, classifieds, lifestyle and more in Berks County and the surrounding area.
buyer parent: Alden Global Capital
buyer: Digital First Media
Digital First Media, a business name of MediaNews Group, offers news reporting and third party advertising and directory opportunities through its more than 800 multi-platform products which include web, mobile, tablet and print. "
target: Reading Eagle Company
Reading Eagle Company is a family-owned newspaper publisher in Reading, PA. Reading Eagle Company publishes the Reading Eagle, a daily newspaper that covers news, sports, politics, entertainment, classifieds, lifestyle and more in Berks County and the surrounding area.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/2/2019 via Company Press Release

The Advocate, acquired NOLA Media Group

synopsis: The Advocate, the largest daily newspaper in Louisiana, has acquired NOLA Media Group from Advance Local, one of the largest media groups in the United States. NOLA Media Group is Louisiana’s largest local media company. The group produces award-winning journalism through NOLA.com and The Times-Picayune, the metro area’s most-read daily newspaper.
buyer parent: John Georges
buyer: The Advocate
The Advocate is the largest daily newspaper in Louisiana. The Advocate is the primary newspaper of Baton Rouge, Louisiana, and the leading daily paper of south-east Louisiana, including Greater New Orleans. The paper covers the latest news, sports, entertainment, life, and more. "
target parent: Advance Local
target: NOLA Media Group
NOLA Media Group is Louisiana’s largest local media company. NOLA Media Group produces award-winning journalism on NOLA.com, the #1 news and information website in New Orleans. The group also publishes The Times-Picayune, the metro area’s most-read daily newspaper.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/3/2019 via BNC Analysis

Yedioth Aharonot Group, will acquire Yedioth Aharonot Group

synopsis: Arnon Mozes, the publisher of the Yedioth Ahronoth daily newspaper in Israel, will acquire Bank Hapoalim's 34% stake in Yedioth Ahronoth Group, increasing his stake to 58%. Bank Hapoalim is Israel’s largest bank. Yedioth Ahronoth Group is Israel's top multimedia group. The group publishes the Yedioth Ahronoth newspaper and several magazines.
buyer: Yedioth Aharonot Group
Yedioth Ahronoth Group is Israel's top multimedia group. Yedioth Ahronoth is Israel's leading daily newspaper. The paper provides readers with a variety of different points of view, articles, op-ed, and investigate reporting. The group also publishes several lifestyle and entertainment magazines. "
target parent: Bank Hapoalim B.M.
target: Yedioth Aharonot Group
Yedioth Ahronoth Group is Israel's top multimedia group. Yedioth Ahronoth is Israel's leading daily newspaper. The paper provides readers with a variety of different points of view, articles, op-ed, and investigate reporting. The group also publishes several lifestyle and entertainment magazines.
price ($mm)
$80*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/3/2018 via Company Press Release

Adams Publishing Group LLC, acquired The Daily Jefferson County Union

synopsis: The Daily Jefferson County Union, an independent daily newspaper in Wisconsin, has been acquired by Adams Publishing Group, a family-owned newspaper company. Daily Jefferson County Union and affiliated Hometown News Limited Partnership publish 13 community newspapers and shoppers, stretching across parts of six counties in south-central Wisconsin.
buyer: Adams Publishing Group LLC
Adams Publishing Group (APG) is a family-owned community newspaper company. APG owns and operates 27 daily newspapers, more than 100 non-daily newspapers, and a number of other media-related businesses in 15 states and the District of Columbia. "
target: The Daily Jefferson County Union
The Daily Union is one of a handful of independently owned daily newspapers in Wisconsin. The news, advertising and production staff is dedicated to serving residents of the greater Jefferson County area, always mindful of their founder's philosophy that "The next issue will be the best."
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/31/2018 via Company Press Release

Paxton Media Group, acquired Goldsboro News-Argus

synopsis: Paxton Media Group, a family owned media company, has acquired the Goldsboro News-Argus from Wayne Printing Company, a family owned company that owns and operates newspapers in North Carolina. The Goldsboro News-Argus is a daily community newspaper that covers the people, places and issues of Wayne County, NC.
buyer: Paxton Media Group
Paxton Media, a family-owned company headquartered in Paducah, Kentucky, owns more than 35 daily newspapers, a television station and numerous weekly publications across Arkansas, Georgia, Indiana, Illinois, Kentucky, Louisiana, Michigan, Mississippi, North Carolina and Tennessee. "
target parent: Wayne Printing Company
target: Goldsboro News-Argus
Founded in 1885, the Goldsboro News-Argus is a daily community newspaper in Goldsboro, NC. The paper covers the people, places and issues of Wayne County, NC. The Goldsboro News-Argus provides the latest local, sports, and community news.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/3/2018 via Company Press Release

Nashville Post Co., Inc., acquired Home Page Media Group LLC

synopsis: FW Publishing LLC is acquiring online news publishing company Home Page Media Group, which operates hyper-local online news sites including the Brentwood Home Page, and Franklin Home Page. Nashville Post is part of FW Publishing, the parent of three iconic Nashville publications – The Nashville Scene, Nashville Post, and Nfocus.
buyer parent: Freeman Webb Company
buyer: Nashville Post Co., Inc.
Nashville Post breaks important, inside stories affecting the Nashville business and political communities. Nashville Post is part of FW Publishing, the parent of three iconic Nashville publications – The Nashville Scene, Nashville Post, and Nfocus. "
target: Home Page Media Group LLC
Home Page Media Group LLC is the parent company of four daily online news sites serving Williamson County, TN: Brentwood Home Page, Franklin Home Page, Nolensville Home Page and Spring Hill Home Page. The Home Pages specialize in hyperlocal community news serving their respective cities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/20/2018 via Company Press Release

R.I.S.N. Operations Inc., will acquire The Westerly Sun

synopsis: The Record-Journal Publishing Co. announced it has agreed to sell Rhode Island newspaper, The Westerly Sun, and several related publications to Rhode Island Suburban Newspapers, also known as RISN Operations, a privately-owned publishing group that operates other newspapers throughout Rhode Island.
buyer: R.I.S.N. Operations Inc.
RISN Operations Inc., also called Rhode Island Suburban Newspapers, is a privately owned publisher of three daily newspapers and several weekly newspapers in the U.S. state of Rhode Island. "
target parent: Record-Journal Publishing Co.
target: The Westerly Sun
The Westerly Sun is a local print and digital daily newspaper covering all local news, sports and community events in Westerly, Rhode Island, and including portions of Washington County, Rhode Island, and New London County, Connecticut.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/30/2018 via GlobeNewswire

tronc, Inc., acquired The Virginian-Pilot

synopsis: tronc, Inc. a media company rooted in award-winning journalism, has acquired The Virginian-Pilot from Landmark Media Enterprises. The Virginian-Pilot is the largest daily paper in Virginia and has won three Pulitzer Prizes. It has a Sunday circulation of 132,000. Its website, PilotOnline.com, has a digital audience of 1.9 million monthly visitors.
buyer: tronc, Inc. (NasdaqGM:TRNC:$1,513.52)
tronc, Inc. is a media company rooted in award-winning journalism. Headquartered in Chicago, tronc operates newsrooms in ten markets with titles including the Chicago Tribune, Los Angeles Times, New York Daily News, The Baltimore Sun, Orlando Sentinel and The San Diego Union-Tribune. "
target parent: Landmark Media Enterprises, LLC
target: The Virginian-Pilot
The Virginian-Pilot is the largest daily paper in the Commonwealth of Virginia and has won three Pulitzer Prizes. It has a Sunday circulation of 132,000. Its website, PilotOnline.com, has a digital audience of 1.9 million monthly unique visitors.
price ($mm)
$34
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/9/2018 via BNC Analysis

New Media Investment Group, will acquire The Pueblo Chieftain

synopsis: The owner of The Pueblo Chieftain has agreed to sell the Southern Colorado newspaper to New Media Investment Group, which runs Gatehouse Media. GateHouse publishes more than 560 community newspapers, including 124 dailies. The 150 year old Pueblo Chieftain is the oldest daily newspaper in Colorado.
buyer: New Media Investment Group (NEWM:$1,588.44)
New Media supports small to mid-size communities by providing locally-focused print and digital content to its consumers and premier marketing and technology solutions to its small and medium business partners. They are one of the largest publishers of locally based print and online media in the US."
target: The Pueblo Chieftain
The Pueblo Chieftain is the oldest daily newspaper in Colorado and an institution that has played a key role in supporting and leading the community throughout the years.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/6/2018 via Company Press Release

Sivakumar Ganapathy, acquired The Phnom Penh Post

synopsis: Sivakumar Ganapathy, a Malaysian investor, has acquired The Phnom Penh Post from Post Media Co., Ltd., a publishing company based in Cambodia. The Phnom Penh Post is Cambodia's oldest English language newspaper. The daily newspaper provides the latest news in Cambodia and also includes specific business, lifestyle, and sports sections.
buyer: Sivakumar Ganapathy
Sivakumar Ganapathy is a Malaysian investor. He is also an executive director at Malaysia-based Asia PR, a public relations firm. "
target parent: Post Media Co., Ltd.
target: The Phnom Penh Post
Founded in 1992, The Phnom Penh Post is Cambodia's oldest English language newspaper. The paper is published daily and is printed in a full-color tabloid format. The Phnom Penh Post provides the latest news in Cambodia and also includes specific business, lifestyle, and sports sections.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Geography
Matching Companies
Ticker: ENXTLS:CFN
 
 
 
 
 
 
 
 
Cofina SGPS SA
Cofina SGPS SA
Cofina SGPS SA is a leading Portuguese media group. Cofina holds a portfolio of 5 newspapers, 4 magazines and a TV cable channel. Cofina aims to have a significant presence in all media areas in Portugal and other natural markets.
year
2019
rev ($mm)
$95.71
EBITDA ($mm)
$17.16
EBIT ($mm)
$14.93
Net Income ($mm)
$7.68
Employees
735
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Ticker: KLSE:UTUSA
 
 
 
 
 
 
 
 
Kumpulan Utusan
Kumpulan Utusan
The Utusan Group is a media conglomerate in Malaysia. The group is engaged in publishing, printing, advertising, and online services. Their key newspapers include Utusan Malaysia, Mingguan Malaysia, Kosmo! and Kosmo! Ahad. The group also publishes the Mastika, Saji, Infiniti and Wanita magazines.
year
2018
rev ($mm)
$47.46
EBITDA ($mm)
($38.66)
EBIT ($mm)
($42.95)
Net Income ($mm)
Employees
1630
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Ticker: NEWM
 
 
 
 
 
 
 
 
New Media Investment Group Inc. {duplicate}
New Media Investment Group Inc. {duplicate}
New Media is focused primarily on investing in a high quality, diversified portfolio of local media assets, and on growing existing advertising and digital marketing businesses. They are one of the largest publishers of locally based print and online media in the US.
year
2015
rev ($mm)
$1,048.96
EBITDA ($mm)
$131.58
EBIT ($mm)
$69.66
Net Income ($mm)
$22.70
Employees
10117
  • drill down
  • watch
Ticker: ENXTAM:TMG
 
 
 
 
 
 
 
 
Telegraaf Media Groep N.V.
Telegraaf Media Groep N.V.
Telegraaf Media Groep N.V. (TMG) is one of the largest media companies in the Netherlands. Their publication brands include De Telegraaf, DFT, Telesport, Metro, Autovisie, Privé and VROUW. They also have radio and online video brands such as Sky Radio and Telegraaf VNDG.
year
2017
rev ($mm)
$490.06
EBITDA ($mm)
$19.69
EBIT ($mm)
$7.23
Net Income ($mm)
$1.82
Employees
1484
  • drill down
  • watch
Ticker: OB:POL
 
 
 
 
 
 
 
 
Polaris Media ASA
Polaris Media ASA
Polaris Media ASA is a media group which owns thirty newspapers in Norway. Based in Trondheim, the group was established in 2008. Major newspapers owned by the group include Adresseavisen, Harstad Tidende, Troms Folkeblad, Sunnmørsposten and Romsdals Budstikke.
year
2017
rev ($mm)
$191.11
EBITDA ($mm)
$17.84
EBIT ($mm)
$7.81
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: HLSE:ILK2S
 
 
 
 
 
 
 
 
Ilkka-Yhtymä
Ilkka-Yhtymä
Ilkka-Yhtymä Group is a Finland-based media group. Their main products and services include two regional newspapers, five local newspapers, two free sheets, marketing and communications, and printing. Ilkka-Yhtymä Group is comprised of Ilkka-Yhtymä Plc, I-Mediat, and I-print.
year
2019
rev ($mm)
$40.17
EBITDA ($mm)
$2.93
EBIT ($mm)
$1.16
Net Income ($mm)
$53.57
Employees
283
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Ticker: JSE:TBG
 
 
 
 
 
 
 
 
Tiso Blackstar Group
Tiso Blackstar Group
Tiso Blackstar Group is a operating market-leading media, broadcast and retail marketing properties. They have strong exposure to the rapidly growing digital, broadcast and mobile markets, with a leading position in South Africa and a broad footprint across Kenya, Ghana and Nigeria.
year
2018
rev ($mm)
$274.76
EBITDA ($mm)
$30.09
EBIT ($mm)
$19.32
Net Income ($mm)
Employees
3773
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Ticker: HLSE:KSLAV
 
 
 
 
 
 
 
 
Keskisuomalainen Oyj
Keskisuomalainen Oyj
Keskisuomalainen Oyj is a Finnish media company. The Company publishes daily newspapers in central Finland and several other local papers, as well as a monthly paper for young readers.
year
2018
rev ($mm)
$185.99
EBITDA ($mm)
$22.45
EBIT ($mm)
$13.25
Net Income ($mm)
$6.16
Employees
825
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Ticker: SEHK:8238
 
 
 
 
 
 
 
 
Winto Group (Holdings) Limited
Winto Group (Holdings) Limited
Winto Group (Holdings) Limited is a Hong Kong-based company engaged in outdoor advertising and print media. Winto Group's outdoor advertising business offers billboard, outdoor LED display, and vehicle advertising services. Their print media business includes automobile and lifestyle magazines.
year
2019
rev ($mm)
$2.12
EBITDA ($mm)
($4.66)
EBIT ($mm)
$4.77
Net Income ($mm)
Employees
16
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