Magazine article Editor & Publisher

Village NetMedia Buys Courier Publications

Magazine article Editor & Publisher

Village NetMedia Buys Courier Publications

Article excerpt

Village NetMedia has agreed to purchase Courier Publications, a wholly owned subsidiary of Crescent Publishing Co. Terms of the transaction, which include six weekly newspapers across Maine, were not disclosed. Cribb, Greene & Associates brokered the deal.

Village NetMedia, based in Rockland, Maine, operates the Web site VillageSoup and two community newspapers. On June 30, the company will operate Courier's tri-weekly Courier Gazette in Rockland; the weekly Camden Herald; the Republican Journal and Waldo Independent in Belfast; Bar Harbor Times; and Capital Weekly in Augusta. The purchase also includes Courier Publications' Rockland printing operation.

"The media landscape is changing in Maine and across the country, and I'm proud to say that we are creating an innovative approach that works," Richard M. Anderson, CEO of Village NetMedia, said in a statement. "VillageSoup integrates a highly interactive Web site with traditional print, and is the future for small town media. This purchase allows us to expand our reach and breathe new life and energy into these papers, all for the benefit of readers and advertisers. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.