Freedom Communications sold

[MileHigh]

Private equity firm 2100 Trust

http://www.ocregister.com/articles/trust-358319-times-last.html

 

[LongTimeListener]

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 **** out NOW.

 

[MileHigh]

Re: Orange County Register sold

Better than an earlier potential buyer: MediaNews.

 

[LongTimeListener]

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.

 

[MileHigh]

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]

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

 

[J-School Blue]

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.

 

[Mark2010]

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).

 

[TigerVols]

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