Thursday, September 5, 2013

News Corp. Sells Dow Jones Local Papers

http://www.mediapost.com/publications/article/208471/news-corp-sells-dow-jones-local-papers.html#axzz2drbtrdTe
Although Dow Jones is best known as the publisher of The Wall Street Journal, the company also published a number of smaller newspapers through its Local Media Group. That's history, as owner News Corp. is selling off these daily and weekly publications.
News Corp., newly spun off from 21st Century Fox under Rupert Murdoch’s management, announced plans to sell 33 publications -- including eight daily newspapers and 15 weekly newspapers -- to Fortress Investment Group, the majority owner of GateHouse Media.