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☛ QHN parent company selling 11 newspapers-8-15-17

QUARTER HORSE NEWS PARENT COMPANY SELLING 11 PAPERS TO GATEHOUSE MEDIA

 

QUARTER HORSE NEWS NOT LISTED AS SELLING

Press release from Morris Communications
Aug. 15, 2017

In a press release dated Aug. 9, 2017, Morris Communications, the parent company of Quarter Horse News, announced they were selling 11 of its daily and non-daily newspaper holdings including its Lubbock, Texas-based commercial printing operation (West Texas Printing) and other related publications to GateHouse Media, Inc. The sale is expected to be finalized on Oct. 2, 2017. The company will focus on lifestyle and niche publications, broadband operations, property development and new business. Quarter Horse News is not listed as a publication they will be selling.

The daily newspapers they are offerings theFlorida Times-Union in Jacksonville, Fla.; the St.Augustine (Fla.) Record; The Savanah (Ga.) Morning News; TheAugusta (Ga.) Chronicle; The Athens (Ga.) Banner-Herald; Lubbock (Texas) Avalanche-Journal; Amarillo (Texas Globe-News; the Topeka (Kan.) Capital Journal; Log Cabin Democrat (Conway, Ark.); Juneau (Alaska) Empire Peninsula Clarion (Kenai, Alaska) and Homer (Alaska) News.

William S. “Billy” Morris III,Chairman of Morris Communications, will remain as publisher of the Augusta Chronicle and will oversee editorial-page policy for the three Morris newspapers in Georgia.

Morris said, “Every newspaper company in America is battling trends and redirected advertising dollars necessary for newspapers to be part of a large newspaper group to build and maintain the necessary resources to compete.”

William S.Morris IV, president and CEO of Morris Communications said, “As the company transitions to the third generation of leadership, we are enthusiastic about our plans to diversify our business holdings with print and digital communications, broadband and real estate development.

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