Local Media Group
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Local Media Group, Inc., formerly Dow Jones Local Media Group and Ottaway Newspapers Inc., owned newspapers, websites and niche publications in California, Maine, Massachusetts, New Hampshire, New York, Oregon and Pennsylvania. It was headquartered in Campbell Hall, New York, and its flagship was the Times Herald-Record, serving Middletown and other suburbs of New York City.
The Ottaway organization was founded in by James H. Ottaway Sr., owner of the Endicott Daily Bulletin of Endicott, NY, in 1936. It had grown to nine newspapers in the northeastern United States by 1970, when it was acquired by Dow Jones & Company, publisher of The Wall Street Journal, and later a subsidiary of Rupert Murdoch's News Corporation. Following the 2013 split of News Corporation into 21st Century Fox and News Corp, News Corp sold the Dow Jones Local Media Group to Newcastle Investment Corp., an affiliate of Fortress Investment Group, which placed the holdings in the GateHouse Media portfolio of its New Media Investment Group, renamed Gannett following that company's 2019 acquisition by New Media Investment Group.
History
Ottaway newspapers
James H. Ottaway Sr. founded the company in November 1936, when he purchased the Bulletin, a semi-weekly paper in Endicott, New York, that he converted to a daily within a year. Ottaway added the Oneonta Star in 1944, followed two years later by the Pocono Record.<ref name="Media">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
The company was a seller more often than a buyer in the 2000s (decade), however, and several observers—including the New York Post, The Boston Globe and Ottaway's own Cape Cod Times—speculated that News Corporation intended to sell all or part of the company in the near future.<ref name="NEPA">"Ottaway Papers Might Be Sold, Including 16 in N.E.". NEPA Bulletin (Boston, Mass.), December 2007 Template:Webarchive, page 3.</ref>
Dow Jones Local Media Group
Under Dow Jones' ownership, Ottaway sold several newspapers in recent years, however, most recently in December 2006, when the company dealt nearly half its daily newspapers to Community Newspaper Holdings Inc. (CNHI) for $287.9 million (including real estate).<ref name="Jones" />
Until December 2006, the following dailies and weeklies were also part of the Ottaway chain. Other than the California and Connecticut newspapers, they are all now part of CNHI.<ref name="Jones" />
- Santa Cruz Sentinel daily of Santa Cruz, California
- The News-Times daily of Danbury, Connecticut
- The Spectrum weekly of Milford, Connecticut
- Traverse City Record-Eagle daily of Traverse City, Michigan
- The Grand Traverse Herald weekly of Traverse City, Michigan
- Cooperstown Crier weekly of Cooperstown, New York
- Daily Star of Oneonta, New York
- Press-Republican of Plattsburgh, New York
- Daily Item of Sunbury, Pennsylvania
- The Danville News weekdays only, of Danville, Pennsylvania
These four daily newspapers were sold by Ottaway to CNHI for $182 million in 2002:<ref>"Dow Jones To Sell Four Ottaway Newspapers", accessed January 8, 2007.</ref>
- The Herald of Sharon, Pennsylvania
- The Independent of Ashland, Kentucky
- The Free Press of Mankato, Minnesota
- The Joplin Globe of Joplin, Missouri
Also, Ottaway sold the three daily newspapers of Essex County Newspapers Inc. to The Eagle-Tribune of North Andover, Massachusetts, in 2002, for $70 million.<ref>"Bay State Paper Gets to Grow in Its Own Backyard". NewsInc, April 22, 2002. Accessed January 8, 2006.</ref> The Eagle-Tribune, along with the Essex papers listed below, was later purchased by CNHI.
- Daily News of Newburyport of Newburyport, Massachusetts
- Gloucester Daily Times of Gloucester, Massachusetts
- Salem Evening News of Salem, Massachusetts
Sale to Newcastle
On September 4, 2013, News Corp announced that it would sell the Dow Jones Local Media Group to Newcastle Investment Corp.—an affiliate of Fortress Investment Group, for $87 million. The newspapers will be operated by GateHouse Media, a newspaper group owned by Fortress. News Corp. CEO and former Wall Street Journal editor Robert James Thomson indicated that the newspapers were "not strategically consistent with the emerging portfolio" of the company.<ref name=nybj-djlmgsale>Template:Cite news</ref> GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27, 2013, to restructure its debt obligations in order to accommodate the acquisition.<ref>Template:Cite news</ref> Newcastle combined Local Media Group with the post-bankruptcy GateHouse Media later in 2013 to form New Media Investment Group. <ref>Template:Cite conference</ref>
Holdings
Holdings by frequency of publication
Dow Jones Local Media Group published eight daily and 15 weekly newspapers in seven U.S. states. Its circulation was given in 2005 as 282,000 daily, 316,000 Sunday and 119,000 daily unique visitors on newspaper Internet sites.<ref name="Jones">"Dow Jones Completes Sale of Six Local Newspapers." Dow Jones & Company press release, December 5, 2006.</ref>
Daily newspapers are:
- Ashland Daily Tidings of Ashland, Oregon (sold)
- Cape Cod Times of Barnstable, Massachusetts
- Mail Tribune of Medford, Oregon (sold)
- Pocono Record of Stroudsburg, Pennsylvania
- The Portsmouth Herald of Portsmouth, New Hampshire
- The Record of Stockton, California
- The Standard-Times of New Bedford, Massachusetts
- Times Herald-Record of Middletown, New York
Weekly and twice-weekly newspapers include the following:
- The Barnstable Patriot of Barnstable, Massachusetts
- The Inquirer & Mirror of Nantucket, Massachusetts
- Hathaway Publishing, published alongside The Standard-Times:
- Seacoast Media Group, published alongside The Portsmouth Herald:
- The Exeter News-Letter of Exeter, New Hampshire (twice-weekly)
- The Hampton Union of Hampton, New Hampshire (twice-weekly)
- The Rockingham News of Plaistow, New Hampshire
- York County Coast Star of Kennebunk, Maine
- The York Weekly of York, Maine
- Hudson Valley Media Group, published alongside the Times Herald-Record:
Holdings by location
Holdings as of September 2013, immediately after News Corporation sold the Dow Jones Local Media Group portfolio, with its name then shortened to Local Media Group, was merged into the new owner's GateHouse Media group.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
- California
- The Desert Dispatch, Barstow, CA<ref name="LMGLocs">{{#invoke:citation/CS1|citation
|CitationClass=web }}</ref>
- The Record, Stockton, CA<ref name="dj-website-2012">{{#invoke:citation/CS1|citation
|CitationClass=web }}</ref>
- The Daily Press, Victorville, CA<ref name="LMGLocs" />
- Massachusetts
- The Advocate<ref name="dj-website-2012" />
- Barnstable Patriot<ref name="dj-website-2012" />
- Cape Cod Times<ref name="dj-website-2012" />
- Cape Cod View<ref name="dj-website-2012" />
- The Chronicle<ref name="dj-website-2012" />
- The Fall River Spirit<ref name="dj-website-2012" />
- The Inquirer and Mirror, Nantucket, MA<ref name="dj-website-2012" />
- Middleboro Gazette<ref name="dj-website-2012" />
- Nantucket Today<ref name="dj-website-2012" />
- New England Business Bulletin<ref name="dj-website-2012" />
- The Spectator<ref name="dj-website-2012" />
- The Standard-Times, New Bedford, MA<ref name="dj-website-2012" />
- New Hampshire
- The Exeter News-Letter<ref name="dj-website-2012" />
- Foster's Daily Democrat
- The Hampton Union<ref name="dj-website-2012" />
- The Portsmouth Herald<ref name="dj-website-2012" />
- York County Coast Star<ref name="dj-website-2012" />
- The York Weekly<ref name="dj-website-2012" />
- New York
- Limelight Deals, Middletown, NY<ref name="dj-website-2012" />
- Marketing Blacksmith, Middletown, NY<ref name="dj-website-2012" />
- Orange Magazine<ref name="dj-website-2012" />
- Times Herald-Record, Middletown, NY<ref name="dj-website-2012" />
- Oregon
- Ashland Daily Tidings<ref name="dj-website-2012" /> (sold)
- Medford Mail Tribune<ref name="dj-website-2012" /> (sold)
- The Nickel, Medford, OR<ref name="dj-website-2012" /> (sold)
- Pennsylvania
- Pocono Record, Stroudsburg, PA<ref name="dj-website-2012" />
Footnotes
- American companies established in 1936
- Publishing companies established in 1936
- Mass media companies established in 1936
- Companies based in Orange County, New York
- Gannett
- Ottaway Community Newspapers
- Mass media in California
- Mass media in Massachusetts
- Mass media in New Hampshire
- Mass media in New York (state)
- Mass media in Oregon
- Mass media in Pennsylvania
- Newspaper companies of the United States
- 2013 mergers and acquisitions