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Freedom Communications sold

Discussion in 'Journalism topics only' started by MileHigh, Jun 11, 2012.

  1. MileHigh

    MileHigh Moderator Staff Member

    Private equity firm 2100 Trust

    http://www.ocregister.com/articles/trust-358319-times-last.html
     
    MileHigh, Jun 11, 2012
    #1
  2. LongTimeListener

    LongTimeListener Well-Known Member

    Re: Orange County Register sold

    Private equity ownership has been such a godsend in San Diego.

    Good luck to everyone in OC, but seriously, get the fuck out NOW.
     
    LongTimeListener, Jun 11, 2012
    #2
  3. MileHigh

    MileHigh Moderator Staff Member

    Re: Orange County Register sold

    Better than an earlier potential buyer: MediaNews.
     
    MileHigh, Jun 11, 2012
    #3
  4. LongTimeListener

    LongTimeListener Well-Known Member

    Re: Orange County Register sold

    Boy -- I don't even know if that's true. Of course, MediaNews and private equity are one and the same now, so you may be right.
     
    LongTimeListener, Jun 11, 2012
    #4
  5. MileHigh

    MileHigh Moderator Staff Member

    Re: Orange County Register sold

    Keeping Uncle Dean out of the OC is a good thing if only to avoid further collapsing at LANG, which I'm hearing is about to undergo lots more deconstructing.
     
    MileHigh, Jun 11, 2012
    #5
  6. MileHigh

    MileHigh Moderator Staff Member

    It's all of Freedom and includes: Desert Dispatch in Barstow, Calif.; The Gazette in Colorado Springs; the Marysville (Calif.) Appeal-Democrat; The Porterville Record in Porterville, Calif.; the Victorville (Calif.) Daily Press; and The Sun in Yuma, Ariz.

    http://www.marketwatch.com/story/freedom-communications-to-be-acquired-by-2100-trust-llc-2012-06-11
     
    MileHigh, Jun 11, 2012
    #6
  7. J-School Blue

    J-School Blue Member

    It blows my mind how short the list of Freedom's (former, I guess) papers is now. Even fleeing journalism (from a Freedom paper) four years ago, I did not think they'd be in this position this soon. Though after talking to a couple of folks still in Yuma a couple of weekends ago, it seemed like everyone was just waiting for this shoe to drop.

    My thoughts are with everybody at these shops. I hope something positive comes out of this, or at least that the landing is as soft as possible.
     
    J-School Blue, Jun 11, 2012
    #7
  8. Mark2010

    Mark2010 Active Member

    No place to go but up, eh?

    I'm beginning to think you're not a real journalist until you've been fired/laid off at least once. Sort of like a running joke one place I lived that you weren't an official resident until you got your first DUI (which, thankfully, I never did).
     
    Mark2010, Jun 11, 2012
    #8
  9. TigerVols

    TigerVols Well-Known Member

    Of the potential purchasers of Freedom, I'm guessing the folks at the OCR couldn't have hoped for a better one than who they got.

    http://www.laobserved.com/biz/2012/06/meet_the_registers_n.php
     
    TigerVols, Jun 11, 2012
    #9
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