Like The Virginian-Pilot

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 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
EV / EBITDA
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)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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
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
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 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
announced 12/16/2020 via BusinessWire

Nexstar Media Group, will acquire BestReviews LLC

synopsis: Nexstar Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc., announced that it entered into a definitive agreement to acquire leading consumer product recommendations company BestReviews from Tribune Publishing Company.
buyer: Nexstar Media Group (NXST:$4,740.34)
Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital, and mobile media platforms. "
target parent: Tribune Publishing Company, LLC
target: BestReviews LLC
BestReviews simplifies the way consumers buy products and services across thousands of categories by independently researching, analyzing, and testing products and recommending the best picks.
price ($mm)
$160
rev ($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
closed 2/8/2018 via New York Times

NantWorks LLC, acquired Los Angeles Times

synopsis: Patrick Soon-Shiong, a health care mogul, former surgeon and head of NantWorks and NantCapital, has acquired The Los Angeles Times from tronc. The Los Angeles Times is a daily newspaper which has been published in Los Angeles, California since 1881. It has the fourth-largest circulation among United States newspapers.
buyer: NantWorks LLC
Patrick Soon-Shiong is a health care mogul, former surgeon and head of NantWorks and NantCapital. NantCapital is Soon-Shiong’s private investment arm. NantWorks is the umbrella organization for an ecosystem of companies committed to the convergence of 21st century innovative platforms. "
target parent: tronc
target: Los Angeles Times
The Los Angeles Times is a daily newspaper which has been published in Los Angeles, California since 1881. It has the fourth-largest circulation among United States newspapers.
price ($mm)[EV]
$500 [$590]
rev ($mm)
$470
EBITDA ($mm)
$73
EV / rev
1.3x
EV / EBITDA
8.1x
closed 2/7/2018 via GlobeNewswire

tronc, acquired BestReviews LLC

synopsis: tronc, Inc. announced it has acquired a majority ownership stake in BestReviews, the high growth online product review company. Founded in 2014, BestReviews’ mission is to simplify the way consumers buy the products and services they need across thousands of categories from laptops to vacuum cleaners to rowing machines.
buyer: tronc (NasdaqGM:TRNC:$1,513.52)
tronc, Inc. is a media company rooted in award-winning journalism. Headquartered in Chicago, tronc operates newsrooms in 8 markets with titles that are committed to informing, inspiring and engaging local communities. "
target: BestReviews LLC
BestReviews is an online product review company committed to providing comprehensive and trusted reviews for products that matter to consumers. BestReviews spends thousands of hours researching, analyzing, and testing products to recommend the best picks for most consumers.
price ($mm)
$65*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/4/2017 via GlobeNewswire

tronc, acquired New York Daily News

synopsis: tronc, Inc., a media company rooted in award-winning journalism, announced that it has acquired all of the outstanding interests of Daily News, LP., owner of the New York Daily News. The New York Daily News, with approximately 25 million unique monthly visitors through NYDailyNews.com, has been New York City’s “Hometown Newspaper” since 1919.
buyer: tronc (NasdaqGM:TRNC:$1,513.52)
tronc, Inc. is a media company rooted in award-winning journalism, which harnesses proprietary technology to present personalized, premium content to a global audience in real time. tronc draws content from its vast media portfolio that has a commitment to informing and inspiring communities. "
target: New York Daily News
The New York Daily News, with approximately 25 million unique monthly visitors through NYDailyNews.com, has been New York City’s “Hometown Newspaper” since 1919. It has won 11 Pulitzer Prizes, most recently the prize in the category of public service journalism in 2017.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/15/2017 via PR Newswire

tronc, will acquire The Chicago Sun-Times

synopsis: The Chicago Sun-Times received a non-binding Letter of Intent from tronc, Inc., which operates the Chicago Tribune and several other newspapers, to purchase assets from Sun-Times parent, Wrapports, LLC. The Chicago Sun-Times is the oldest continuously published daily newspaper in Chicago.
buyer: tronc (NasdaqGM:TRNC:$1,513.52)
tronc, Inc. is a media company rooted in award-winning journalism, which harnesses proprietary technology to present personalized, premium content to a global audience in real time. tronc draws content from its vast media portfolio that has a commitment to informing and inspiring communities. "
target parent: Wrapports, LLC
target: The Chicago Sun-Times
The Chicago Sun-Times is the oldest continuously published daily newspaper in Chicago. Winner of 8 Pulitzer prizes, the expertise of the Sun-Times includes hard-hitting investigative reporting, in-depth political coverage, insightful sports analysis, entertainment reviews and cultural commentary.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/31/2016 via BNC Analysis

tronc, acquired Spanfeller Media Group

synopsis: Tronc has closed a deal to buy the Spanfeller Media Group, and its food and outdoors digital properties. Tronc gains TheDailyMeal.com as well as the much smaller TheActiveTimes.com. Daily Meal offers 1.2 million recipes, 80,000 wine reviews and one million restaurant reviews. The Active Times is an outdoor enthusiast site.
buyer: tronc (NasdaqGM:TRNC:$1,513.52)
tronc, Inc. is a media company rooted in award-winning journalism, which harnesses proprietary technology to present personalized, premium content to a global audience in real time. tronc draws content from its vast media portfolio that has a commitment to informing and inspiring communities. "
target: Spanfeller Media Group
The Spanfeller Media Group is a new age media company creating content for the web. The company operates The Daily Meal and The Active Times. The Daily Meal offers 1.2 million recipes, 80,000 wine reviews and one million restaurant reviews. The Active Times is an outdoor enthusiast site.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/20/2016 via BNC Analysis

Tribune Publishing, acquired Splash

synopsis: Splash, the glossy lifestyle and fashion supplement published by Wrapports LLC, the parent company of the Sun-Times, has been acquired by Tribune Publishing. Splash is the premier weekly guide to Chicago living, featuring fashion, philanthropy, dining, real estate and more.
buyer: Tribune Publishing (NasdaqGM:TRNC:$1,513.52)
Tribune Publishing Company is a diversified media and marketing-solutions company that delivers innovative experiences for audiences and advertisers across all platforms. The company’s diverse portfolio of iconic news and information brands includes 11 award-winning major daily titles. "
target parent: Wrapports, LLC
target: Splash
Splash is the premier weekly guide to Chicago living—fashion, philanthropy, dining, real estate and more. Featuring 100% local content, Splash gives an inside look at what’s trending and consumer spending across high-end products.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/17/2016 via BusinessWire

Tribune Publishing, acquired Freedom Communications, Inc.

synopsis: Tribune Publishing Co. announced that it was the successful bidder at a public bankruptcy auction to acquire substantially all of the assets of Freedom Communications, Inc. Freedom Communications is a national privately-owned information and entertainment company of print publications and interactive businesses.
buyer parent: Tribune Media Company
buyer: Tribune Publishing (NasdaqGM:TRNC:$1,513.52)
Tribune Publishing Company is a diversified media and marketing-solutions company that delivers innovative experiences for audiences and advertisers across all platforms. The company’s diverse portfolio of iconic news and information brands includes 11 award-winning major daily titles. "
target: Freedom Communications, Inc.
Freedom Communications is a national privately-owned information and entertainment company of print publications and interactive businesses. The company's portfolio includes information and entertainment websites, mobile applications, daily and weekly newspapers and other specialty publications.
price ($mm)
$56
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/21/2015 via

Tribune Publishing, acquired MLIM LLC

synopsis: Tribune Publishing Company announced that it has completed the acquisition of MLIM, LLC, owner of The San Diego Union-Tribune, as well as nine community weeklies and related digital properties in San Diego County.
buyer parent: Tribune Media Company
buyer: Tribune Publishing (NasdaqGM:TRNC:$1,513.52)
Tribune Publishing Company is a newspaper publishing and local news and information gathering company that operates daily newspapers and related websites. Tribune Publishing operates over 60 affiliated Websites and mobile applications, including a primary online product for each local newspaper. "
target: MLIM LLC
MLIM, LLC is the owner of the San Diego Union-Tribune, as well as nine community weeklies and related digital properties in San Diego County. MLIM LLC is owned by businessman Doug Manchester, who has investments and experience in several industries, including publishing.
price ($mm)
$85
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/31/2014 via BusinessWire

Tribune Publishing, purchased 38 publications from Wrapports, LLC

synopsis: Tribune Publishing Company, a diversified media and marketing-solutions company, announced the acquisition of six daily and 32 weekly suburban news and information brands from Wrapports, LLC. The acquired papers have collective circulations of 72,000 daily, 87,000 Sunday and 52,000 weekly.
buyer parent: Tribune Company
buyer: Tribune Publishing (NasdaqGM:TRNC:$1,513.52)
Tribune is a multimedia company operating businesses in publishing, digital and broadcasting. In publishing, Tribune’s leading daily newspapers include the Los Angeles Times, Chicago Tribune, The Baltimore Sun, Sun Sentinel, Orlando Sentinel, Hartford Courant, The Morning Call and Daily Press. "
seller: Wrapports, LLC
The acquired publications from Wrapports, LLC include the Aurora Beacon-News, The Elgin Courier-News, the Lake County News-Sun, The Naperville Sun, the Post-Tribune in Northwest Indiana, The SouthtownStar and the 32 Pioneer Press weekly newspapers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/8/2014 via PR Newswire

Tribune Publishing, acquired McClatchy Tribune Information Services

synopsis: Tribune Publishing and McClatchy Company announced that, through one of its subsidiaries, Tribune Publishing has acquired McClatchy's 50% ownership stake in McClatchy-Tribune Information Services (MCT Direct), the news and information business operated as a joint venture of both companies.
buyer parent: J.P. Morgan Chase & Co.
buyer: Tribune Publishing (NasdaqGM:TRNC:$1,513.52)
Tribune is a multimedia company operating businesses in publishing, digital and broadcasting. In publishing, Tribune’s leading daily newspapers include the Los Angeles Times, Chicago Tribune, The Baltimore Sun, Sun Sentinel, Orlando Sentinel, Hartford Courant, The Morning Call and Daily Press. "
target parent: The McClatchy Company
target: McClatchy Tribune Information Services
The McClatchy-Tribune Information Services (MCT Direct) provides news stories, feature articles, photos, graphics, illustrations, caricatures, themed content packages and paginated products. MCT is also a major provider of content to online information services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/5/2013 via GlobeNewswire

The Berry Company, LLC, purchased Black Book Directories from The Baltimore Sun

synopsis: The Berry Company, a local leads provider serving small and medium sized businesses for over a century has acquired the Black Book directories from the Baltimore Sun.
buyer parent: TBC Holdings I, Inc.
buyer: The Berry Company, LLC
The Berry Company, LLC is a provider of local search and marketing solutions, generating leads for its advertising clients and enabling consumers to efficiently find the products and services they need. Berry serves approximately 170,000 advertising clients throughout the US. "
seller parent: J.P. Morgan Chase & Co.
seller: The Baltimore Sun
The Black Book Directories are published in Howard County, Maryland.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/29/2008 via BusinessWire

Cablevision Systems Corp, acquired Newsday

synopsis: Cablevision Systems Corporation has acquired 97 percent of Newsday Media Group through the formation of a new partnership with Tribune Company. For Cablevision, the completion of this transaction adds a complementary print and online media group with diverse, quality local content in the New York area.
buyer: Cablevision Systems Corp (CVC:$9,566.61)
Cablevision Systems Corporation is one of the nation's leading entertainment and telecommunications companies. Its cable television operations serve 3 million households in the New York metropolitan area. "
target parent: Sam Zell
target: Newsday
Newsday is one of the nation's largest daily newspapers, serving Long Island and New York City. In addition to the newspaper and Newsday.com, Newsday Media Group includes amNewYork, the fast-growing free daily in New York City with an average weekday circulation of 335,000.
price ($mm)
$632*
rev ($mm)
$499
EBITDA ($mm)
EV / rev
1.3x
EV / EBITDA
closed 11/1/2007 via PR Newswire

The Hearst Corporation, acquired Southern Connecticut Newspapers, Inc

synopsis: Tribune Publishing, a division of Tribune Company has completed the sale of its Southern Connecticut Newspapers, The Advocate (Stamford) and Greenwich Time, to Hearst Corporation. The newspapers will be managed by MediaNews Group, Inc., under an existing joint venture agreement with Hearst.
buyer: The Hearst Corporation
The Hearst Corporation owns 12 daily newspapers and 14 weekly newspapers, 18 US consumer magazines (such as Cosmopolitan and Esquire), TV and radio stations (through 40%-owned Hearst Argyle Television), and a cartoon and features service (King Features). "
target parent: Tribune Company
target: Southern Connecticut Newspapers, Inc
Southern Connecticut Newspapers, Inc. is the publisher of The Advocate in Stamford and the Greenwich Time.
price ($mm)
$62
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
cancelled 5/25/2007 via PR Newswire

Gannett Co., Inc., cancelled an acquisition of Southern Connecticut Newspapers, Inc

synopsis: Tribune Company and Gannett Co., Inc. announced the termination of the agreement under which Gannett was to purchase Southern Connecticut Newspapers, The Advocate (Stamford) and Greenwich Time.
buyer: Gannett Co., Inc. (GCI:$3,234.07)
Gannett Co., Inc. is an international news and information company operating on multiple platforms including the Internet, mobile, newspapers, magazines and TV stations. Gannett is an Internet leader with hundreds of newspaper and TV Web sites. "
target parent: Tribune Company
target: Southern Connecticut Newspapers, Inc
Southern Connecticut Newspapers, Inc. is the publisher of The Advocate in Stamford and the Greenwich Time.
price ($mm)
$73
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/16/2007 via PR Newswire

ImpreMedia, LLC, purchased Hoy New York from Tribune Publishing

synopsis: Tribune Company has completed the sale of the New York edition of Hoy to ImpreMedia, LLC. An agreement to sell the Spanish-language daily newspaper was announced on Feb. 12, 2007. Terms were not disclosed.
buyer parent: Halyard Capital
buyer: ImpreMedia, LLC
ImpreMedia is the leading publisher of Spanish language newspapers in the U.S. The company publishes El Diario La Prensa and El Diario Contigo in New York, El Mensajero in the San Francisco Bay Area, La Opinion and La Opinion Contigo in Los Angeles and La Raza in Chicago. "
seller parent: Tribune Company
seller: Tribune Publishing (NasdaqGM:TRNC:$1,513.52)
Tribune has been a major force in American journalism for more than 150 years. The company’s market-leading newspapers include the LA Times, the Chicago Tribune and Newsday in New York. Tribune is the nation’s second-largest newspaper publisher in terms of revenue and No. 3 in total circulation.
price ($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
closed 11/18/2021 via BNC Analysis

VPM Media Corporation, acquired Style Weekly

synopsis: VPM Media Corp., the parent company of Richmond-based VPM public television and radio stations, announced it has acquired Style Weekly, the Richmond publication that was closed down in September by its owner, Alden Global Capital, after nearly 39 years in print. Style Weekly's mission is to provide smart, witty and tenacious coverage of Richmond.
buyer: VPM Media Corporation
As Virginia’s home for public media, VPM connects nearly 2 million people across Central Virginia and the Shenandoah Valley to insightful programming in arts and culture, history, science, news and education. "
target parent: Alden Global Capital
target: Style Weekly
Style Weekly's mission is to provide smart, witty and tenacious coverage of Richmond. Their editorial team strives to reveal Richmond's true identity through unflinching journalism, incisive writing, thoughtful criticism, arresting photography and sophisticated presentation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/8/2021 via Company Press Release

Something More Media, acquired The Port Lavaca Wave

synopsis: Something More Media, a company that helps newspapers and businesses to implement a strong digital presence, has acquired The Port Lavaca Wave from Hartman Newspapers, a family-owned newspaper company. The Port Lavaca Wave is a weekly newspaper in Port Lavaca, Texas. The paper provides news about sports, business, opinion, shopping and classifieds.
buyer: Something More Media
Something More Media is a company that helps newspapers and businesses to implement and maintain a strong digital presence. Something More Media offers social media management, branding, and strategic planning services for small businesses and newspapers. "
target parent: Hartman Newspapers, Inc.
target: The Port Lavaca Wave
The Port Lavaca Wave is a weekly newspaper in Port Lavaca, Texas. The Port Lavaca Wave is published every Wednesday and provides the latest news about Calhoun County. The paper provides news about sports, business, opinion, shopping and classifieds.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/20/2021 via Company Press Release

Nexstar Media Group, acquired The Hill

synopsis: Nexstar Media Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc., announced that it has acquired The Hill, the nation’s leading, independent, political digital media platform. The Hill is the premier source for policy and political coverage, reporting on every aspect of the business of Washington and the campaign trail.
buyer: Nexstar Media Group (NXST:$4,740.34)
Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital, and mobile media platforms. "
target parent: News Communications, Inc.
target: The Hill
The Hill is the premier source for policy and political coverage, reporting on every aspect of the business of Washington and the campaign trail. It is the largest independent political news site in the United States, and is second in online political news readership behind CNN.
price ($mm)
$130
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/28/2021 via Company Press Release

Westplex Media Group, will acquire Moberly Monitor-Index

synopsis: Westplex Media Group, a family owned media company, will acquire the Moberly Monitor-Index from Gannett Co., Inc., a leading media and marketing company. The Moberly Monitor-Index is a daily newspaper in Moberly, Missouri. The paper provides articles on sports, entertainment, lifestyle, opinions, and more.
buyer: Westplex Media Group
Westplex Media Group is a family owned media company. Westplex Media Group owns and publishes The Montgomery Standard and Warren County Record newspapers. "
target parent: Gannett Co., Inc.
target: Moberly Monitor-Index
The Moberly Monitor-Index is a daily newspaper in Moberly, Missouri. The Moberly Monitor-Index provides the latest news about Moberly and Randolph County, Missouri. The paper provides articles on sports, entertainment, lifestyle, opinions, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/13/2021 via BNC Analysis

Business Upturn, acquired Nova Scotia Today

synopsis: Indian news startup Business Upturn has announced that it has acquired NovaScotiaToday.com, a news source for Canadians that is widely respected for its spotlight on watchdog reporting. Its content provides visitors with the latest news concerning provincial issues as well as stories affecting Canada and the world.
buyer: Business Upturn
Business Upturn is an online news portal in India that aims to provide people with all the insights around the business world along with creative write-ups, latest news, business stories and reviews. "
target: Nova Scotia Today
Nova Scotia Today is a news source for Canadians that is widely respected for its spotlight on watchdog reporting. Its content provides visitors with the latest news concerning provincial issues as well as stories affecting Canada and the world.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2021 via Company Press Release

Euclid Media Group, acquired LEO Weekly

synopsis: Euclid Media Group, a media company headquartered in Cleveland, OH, has acquired LEO Weekly, an award-winning Louisville alternative newsweekly publication. LEO Weekly provides a wide range of opinions and commentary on current affairs, as well as a guide to local and regional entertainment and recreation opportunities.
buyer: Euclid Media Group
Euclid Media Group (EMG) is a privately-held media company. EMG is focused on the multimedia production of relevant news and events for the culturally engaged consumer. Their brands include the Creative Loafing: Tampa Bay, Cincinnati CityBeat, Cleveland Scene, Detroit Metro Times, and more. "
target: LEO Weekly
LEO Weekly is an award-winning Louisville alternative newsweekly publication. LEO Weekly provides a wide range of opinions and commentary on current affairs, as well as a guide to local and regional entertainment and recreation opportunities. They offer articles on art, music, food, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2021 via Company Press Release

O'Rourke Media Group, acquired Las Vegas Optic

synopsis: O'Rourke Media Group, a family-owned, community focused media company, has acquired the Las Vegas Optic from Paxton Media Group (PMG), a family-owned media company. The Las Vegas Optic is a bi-weekly newspaper in Las Vegas, New Mexico. The paper covers the latest news, sports, opinions, obituaries, classifieds in the Las Vegas area.
buyer: O'Rourke Media Group
O'Rourke Media Group is a family-owned, community focused media company. O'Rourke Media Group publishes hyper-local, useful community news and information in the communities they serve. They also provide a full suite of advertising solutions for local businesses. "
target parent: Paxton Media Group
target: Las Vegas Optic
The Las Vegas Optic is a bi-weekly newspaper in Las Vegas, New Mexico. The Las Vegas Optic is published every Wednesday and Friday. The paper covers the latest news, sports, opinions, obituaries, classifieds in the Las Vegas area.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/16/2021 via BNC Analysis

Wisconsin Media Group, will acquire Unified Newspaper Group

synopsis: Wisconsin Media Group, a community newspaper and digital media company, will acquire Unified Newspaper Group from Woodward Communications, Inc., an employee-owned media company. Unified is a newspaper publisher serving the Dane County area. Unified publishes three community weekly newspapers, one monthly paper, a regional magazine and a shopper.
buyer: Wisconsin Media Group
Wisconsin Media Group is a local community newspaper, digital media and digital marketing solutions company. Wisconsin Media Group is the number one source for local news in St. Albans, Milton, Colchester and Essex, Vermont; and Kiel, Chilton, New Holstein, Ripon, and Green Lake, Wisconsin. "
target parent: Woodward Communications
target: Unified Newspaper Group
Unified Newspaper Group is a newspaper publisher serving the Dane County area. Unified publishes three community weekly newspapers, one monthly paper, a regional magazine and a shopper. Their papers include the Verona Press, Oregon Observer, Stoughton Courier Hub, the Fitchburg Star, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/26/2021 via BNC Analysis

Dragon Capital, acquired Ukrayinska Pravda

synopsis: Dragon Capital, one of Ukraine’s leading groups of companies working in the field of investment and financial services, has acquired 100% of the corporate rights to Ukrayinska Pravda and all its assets. Ukrayinska Pravda operates as an online newspaper and is based in Kyiv, Ukraine.
buyer: Dragon Capital
Dragon Capital is one of Ukraine’s leading groups of companies working in the field of investment and financial services, offering a comprehensive range of services in equities and fixed income sales, trading and research, investment banking, private equity and asset management. "
target: Ukrayinska Pravda
Ukrayinska Pravda operates as an online newspaper and is based in Kyiv, Ukraine.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/26/2021 via Company Press Release

Paxton Media Group, acquired Landmark Community Newspapers, Inc.

synopsis: Paxton Media Group, owner of The Paducah Sun, announced the purchase of Landmark Community Newspapers LLC, a chain of daily and weekly newspapers based in Shelbyville, Kentucky. The deal includes the purchase of all 47 newspapers in the Landmark chain.
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: Landmark Community Newspapers, Inc.
Landmark Community Newspapers, Inc. publishes newspapers, shoppers, real estate guides, homes magazines, and collegiate sports publications in the United States. The company was founded in 1966 and is headquartered in Shelbyville, Kentucky.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/30/2021 via BNC Analysis

Times Media Group, acquired Tucson Local Media

synopsis: Times Media Group, a digital and print media company, has acquired Tucson Local Media, a newspaper group in Tucson, Arizona. Tucson Local Media focuses on community news, business, entertainment, and politics. The group includes The Explorer Newspaper, Marana News, Tucson Weekly, Inside Tucson Business, Foothills News, and Desert Times.
buyer: Times Media Group
Times Media Group is a digital and print media company that operates in the Phoenix and Tucson metro markets. It serves a wide variety of demographic audiences and communities with more than 1.1 million printed copies and millions of online readers each month. "
target: Tucson Local Media
Tucson Local Media is a newspaper group in Tucson, Arizona. Tucson Local Media focuses on community news, business, entertainment, and politics. The group includes The Explorer Newspaper, Marana News, Tucson Weekly, Inside Tucson Business, Foothills News, and Desert Times.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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
EV / EBITDA
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 2/10/2021 via BNC Analysis

Paxton Media Group, acquired North Vernon Plain Dealer & Sun

synopsis: Paxton Media Group, a family-owned media company, has acquired the North Vernon Plain Dealer & Sun, a newspaper publisher in Indiana. The Plain Dealer & Sun publishes two weekly newspapers that provide the latest news in the Jennings County area. They cover sports, obituaries, events and more.
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: North Vernon Plain Dealer & Sun
The North Vernon Plain Dealer & Sun is a newspaper publisher in Indiana. The Plain Dealer & Sun publishes two weekly newspapers, the North Vernon Sun and the North Vernon Plain Dealer. Their papers provide the latest news in the Jennings County area. They cover sports, obituaries, events and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/3/2021 via BNC Analysis

Reid Newspapers, purchased Oklahoma Newspapers from Gannett Co., Inc.

synopsis: Reid Newspapers has acquired the Miami (OK) News-Record, the Grove (OK) Grand Lake News, and The Delaware County (OK) Journal from Gannett Co., Inc. Reid Newspapers is a second-generation, family-owned newspaper company that owns seven other newspapers in Oklahoma and operates two large central printing operations in Weatherford and Vinita.
buyer: Reid Newspapers
Reid Newspapers is a second-generation, family-owned newspaper company that owns seven other newspapers in Oklahoma and operates two large central printing operations in Weatherford and Vinita. "
seller: Gannett Co., Inc. (GCI:$3,234.07)
The acquisition includes the Miami (OK) News-Record, the Grove (OK) Grand Lake News, and The Delaware County (OK) Journal from Gannett Co., Inc. Gannett is a leading media and marketing company with unparalleled local-to-national reach, successfully connecting consumers, communities and businesses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/1/2021 via GlobeNewswire

Gray Television, Inc., will acquire Quincy Media

synopsis: Quincy Media, Inc. has approved the sale of the stock of the company to Gray Television, Inc. a public media company headquartered in Atlanta, Georgia. Quincy Media, Inc. is a family-owned media company that owns and operates television stations in 16 markets, newspapers in two markets, radio in one and digital platforms in all.
buyer: Gray Television, Inc. (GTN:$2,391.00)
Gray Television is a leading media company that owns and operates high-quality stations in 94 television markets. With a rich history of over a century and more than 70 years of broadcast television specific expertise, Gray Television delivers meaningful content to millions of viewers each day. "
target: Quincy Media
Quincy Media, Inc., formerly known as Quincy Newspapers, Inc., is a family-owned media company that owns and operates television stations in 16 markets, newspapers in two markets, radio in one and digital platforms in all. Their broadcast footprint covers much of the upper Midwest.
price ($mm)
$925
rev ($mm)
EBITDA ($mm)
$134
EV / rev
EV / EBITDA
6.9x
closed 1/13/2021 via Company Press Release

Times-Journal, Inc., acquired Morgan County Citizen

synopsis: Times-Journal, Inc., a newspaper and magazine publisher in Georgia, has acquired the Morgan County Citizen, a weekly newspaper in Madison, Georgia. The Morgan County Citizen provides readers with the latest news in Georgia through their paper and website. They publish news about the community, sports, obituaries, classifieds, and businesses.
buyer: Times-Journal, Inc.
Times-Journal, Inc. is a newspaper and magazine publisher in Georgia. Times-Journal publishes daily and weekly newspapers, and operates news websites in central and north Georgia. Their brands include the Marietta Daily Journal, the Rome News-Tribune, Cherokee Tribune/Ledger news and more. "
target: Morgan County Citizen
The Morgan County Citizen is a weekly newspaper in Madison, Georgia. The Morgan County Citizen provides readers with the latest news in Georgia through their paper and website. They publish news about the community, public notices, sports, law enforcement, obituaries, classifieds, and businesses.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/6/2021 via Company Press Release

John Rhoades, acquired NEXTpittsburgh

synopsis: John Rhoades, an entrepreneur and community activist in Pennsylvania, has acquired NEXTpittsburgh, an online publication about the people driving change in Pittsburgh. NEXTpittsburgh publishes in-depth features, biz + tech news, city design news, Pittsburgh jobs, arts and cultural events and guides to neighborhoods.
buyer: John Rhoades
John Rhoades is an entrepreneur and community activist in Pennsylvania. John Rhoades worked in advocacy at the United Way of Southwestern PA before going into the private sector, helping launch The Beauty Shoppe, a co-working company. "
target: NEXTpittsburgh
NEXTpittsburgh is an online publication about the people driving change in Pittsburgh and the innovative things happening in the region. NEXTpittsburgh publishes in-depth features, biz + tech news, city design news, Pittsburgh jobs, arts and cultural events and guides to neighborhoods.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like The Virginian-Pilot


read more

The Virginian-Pilot

The Chesterton Tribune

The Madison Daily Leader

The Baltimore Sun

San Francisco Media Co.

Lee Enterprises, Inc.

Apollo Global Management

amNewYork

Sandusky Register and Norwalk Reflector

Fergus Falls Daily Journal

Hannibal Courier-Post

Reading Eagle Company

NOLA Media Group

Yedioth Aharonot Group

The Daily Jefferson County Union

Goldsboro News-Argus

Home Page Media Group LLC

The Westerly Sun

The Pueblo Chieftain

The Phnom Penh Post

read more

The Virginian-Pilot

read more

The Baltimore Sun

BestReviews LLC

The Virginian-Pilot

Los Angeles Times

BestReviews LLC

New York Daily News

The Chicago Sun-Times

Spanfeller Media Group

Splash

Freedom Communications, Inc.

MLIM LLC

Wrapports, LLC

McClatchy Tribune Information Services

The Baltimore Sun

Newsday

Southern Connecticut Newspapers, Inc

Southern Connecticut Newspapers, Inc

Tribune Publishing

read more

The Virginian-Pilot

Style Weekly

The Port Lavaca Wave

The Hill

Moberly Monitor-Index

Nova Scotia Today

LEO Weekly

Las Vegas Optic

Unified Newspaper Group

Ukrayinska Pravda

Landmark Community Newspapers, Inc.

Tucson Local Media

The Chesterton Tribune

The Madison Daily Leader

The Baltimore Sun

North Vernon Plain Dealer & Sun

Gannett Co., Inc.

Quincy Media

Morgan County Citizen

NEXTpittsburgh

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
  • drill down
  • watch
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
  • drill down
  • watch
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
  • drill down
  • watch
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
  • drill down
  • watch
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
  • drill down
  • watch
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
  • drill down
  • watch
Ticker: DB:SPR
 
 
 
 
 
 
 
 
Axel Springer SE
Axel Springer SE
Axel Springer SE is the leading digital publisher in Europe. Digital media channels already contribute nearly three quarters of total pro-forma revenues. They are the market leader in the German print business, and also active in over 40 countries through subsidiaries, joint ventures and licenses.
year
2019
rev ($mm)
$3,789.70
EBITDA ($mm)
$551.02
EBIT ($mm)
$274.72
Net Income ($mm)
$121.29
Employees
16120
  • drill down
  • watch
Ticker: GCI
 
 
 
 
 
 
 
 
Gannett Co., Inc.
Gannett Co., Inc.
Gannett is a leading media and marketing company with unparalleled local-to-national reach, successfully connecting consumers, communities and businesses. They provide rich content through hundreds of outstanding affiliated digital, mobile and print products.
year
2021
rev ($mm)
$3,234.07
EBITDA ($mm)
$451.06
EBIT ($mm)
$241.26
Net Income ($mm)
Employees
20800
  • drill down
  • watch
Ticker: GHC
 
 
 
 
 
 
 
 
Graham Holdings Company
Graham Holdings Company
Graham Holdings Company is a diversified education and media company whose operations include educational services; television broadcasting; online, print and local TV news; home health and hospice care; and manufacturing.
year
2019
rev ($mm)
$2,857.71
EBITDA ($mm)
$413.40
EBIT ($mm)
$302.95
Net Income ($mm)
$238.66
Employees
14297
  • drill down
  • watch
Ticker: RCSM.MI
 
 
 
 
 
 
 
 
RCS MediaGroup
RCS MediaGroup
RCS MediaGroup is a multimedia publishing group that operates in daily newspapers, magazines and books, radio broadcasting, new media and digital TV. It is also one of the leading operators in the advertisement sales & distribution markets.
year
2013
rev ($mm)
$1,988.19
EBITDA ($mm)
$37.78
EBIT ($mm)
($69.92)
Net Income ($mm)
Employees
4134
  • drill down
  • watch
Ticker: NYT
 
 
 
 
 
 
 
 
The New York Times Company
The New York Times Company
The New York Times Company, a leading global, multimedia news and information company, includes The New York Times, the International Herald Tribune, The Boston Globe, NYTimes.com, BostonGlobe.com, Boston.com, and related properties.
year
2020
rev ($mm)
$1,784.76
EBITDA ($mm)
$209.86
EBIT ($mm)
$165.43
Net Income ($mm)
$142.66
Employees
4500
  • drill down
  • watch
Ticker: LSE:DMGT
 
 
 
 
 
 
 
 
Daily Mail and General Trust plc
Daily Mail and General Trust plc
DMGT manages a balanced multinational portfolio of entrepreneurial companies, with total revenues of almost £2bn, that provide a diverse range of businesses and consumers with compelling information, analysis, insight, news and entertainment.
year
2020
rev ($mm)
$1,671.99
EBITDA ($mm)
$159.78
EBIT ($mm)
$112.82
Net Income ($mm)
$263.01
Employees
5950
  • drill down
  • watch
Ticker: OB:SCHA
 
 
 
 
 
 
 
 
Schibsted Media Group
Schibsted Media Group
Schibsted Media Group is a Norwegian media group with operations in 29 countries. Their activities are related to media products in the field of newspapers, online classifieds, publishing, multimedia and mobile services.
year
2021
rev ($mm)
$1,597.59
EBITDA ($mm)
$192.20
EBIT ($mm)
$187.39
Net Income ($mm)
$116.42
Employees
5182
  • drill down
  • watch
Ticker: NasdaqGM:TRNC
 
 
 
 
 
 
 
 
tronc, Inc.
tronc, Inc.
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.
year
2018
rev ($mm)
$1,513.52
EBITDA ($mm)
$113.48
EBIT ($mm)
$84.00
Net Income ($mm)
Employees
6581
  • drill down
  • watch
Ticker: BME:PRS
 
 
 
 
 
 
 
 
Prisa
Prisa
PRISA is the world’s leading Spanish and Portuguese-language media group in the creation and distribution of content in the fields of culture, education, news and information, and entertainment. PRISA reaches million people through its global brands El País,LOS40, Santillana, W Radio and As.
year
2018
rev ($mm)
$1,320.53
EBITDA ($mm)
$202.03
EBIT ($mm)
$132.85
Net Income ($mm)
Employees
8785
  • drill down
  • watch
Ticker: SWX:TAMN
 
 
 
 
 
 
 
 
Tamedia AG
Tamedia AG
Tamedia is a Swiss media group headquartered in Zurich. With its daily and weekly newspapers, magazines, online platforms as well as printing facility, Tamedia is one of the leading media corporations in Switzerland.
year
2020
rev ($mm)
$1,075.04
EBITDA ($mm)
$107.00
EBIT ($mm)
$15.55
Net Income ($mm)
Employees
3640
  • drill down
  • watch
Ticker: ASX:SWM
 
 
 
 
 
 
 
 
Seven West Media Limited
Seven West Media Limited
Seven West Media is Australia’s leading multiple platform media company with a market-leading presence in broadcast television, magazine and newspaper publishing and online.
year
2020
rev ($mm)
$1,063.43
EBITDA ($mm)
$81.12
EBIT ($mm)
$71.70
Net Income ($mm)
Employees
4607
  • drill down
  • watch
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: MNI
 
 
 
 
 
 
 
 
The McClatchy Company
The McClatchy Company
The McClatchy Company is the third-largest newspaper company in the United States and a leading digital publisher dedicated to the values of quality journalism, free expression and community service.
year
2016
rev ($mm)
$1,000.74
EBITDA ($mm)
$141.79
EBIT ($mm)
$57.04
Net Income ($mm)
Employees
5100
  • drill down
  • watch
Ticker: LSE:TNI
 
 
 
 
 
 
 
 
Trinity Mirror plc
Trinity Mirror plc
Trinity Mirror is the largest national and regional multimedia content publisher in the UK, comprising national and regional newsbrands across the country.
year
2019
rev ($mm)
$905.13
EBITDA ($mm)
$208.99
EBIT ($mm)
$181.28
Net Income ($mm)
$121.50
Employees
4573
  • drill down
  • watch
Ticker: ES
 
 
 
 
 
 
 
 
Gruppo Editoriale L'Espresso S.p.A.
Gruppo Editoriale L'Espresso SpA, a multimedia company, together with its subsidiaries, engages in the publishing, radio, advertising, Internet, and television (TV) businesses in Italy.
year
2014
rev ($mm)
$765.78
EBITDA ($mm)
$93.43
EBIT ($mm)
$56.82
Net Income ($mm)
$4.32
Employees
2373
  • drill down
  • watch