Scripps, MediaNews Group establish new partnership in Eastern Colorado
Thu, February 02, 2006 by Tim Stautberg
CINCINNATI – The E. W. Scripps Company and MediaNews Group Inc. have formed a partnership that will operate both companies’ newspapers in Eastern Colorado. The partnership, which will operate as the Colorado Publishing Co., will manage the business operations of all of the affiliated newspapers. Employees of the affiliated newspapers are not affected by the creation of the partnership. They will continue to work for either Scripps or MediaNews. Included in the new partnership are Boulder’s Daily Camera and Colorado Daily and the twice-weekly Broomfield Enterprise, all owned by Scripps. MediaNews Group newspapers joining the partnership include the Fort Morgan Times, Journal-Advocate in Sterling and Lamar Daily News, all of which are published daily. Other MediaNews Group community newspapers in the partnership include the Akron News-Reporter, the Brush News-Tribune, The Burlington Record and the Julesburg Advocate, all published weekly, and the Estes Park Trail-Gazette, which is published twice weekly. Scripps and MediaNews Group will each have a 50 percent share in the partnership. Financial terms were not disclosed. About Scripps The E.W. Scripps Company (NYSE: SSP) is a diverse and growing media enterprise with interests in national cable networks, newspaper publishing, broadcast television stations, electronic commerce, interactive media, and licensing and syndication. The company’s portfolio of media properties includes: Scripps Networks, with such brands as HGTV, Food Network, DIY Network, Fine Living, Great American Country and HGTVPro; daily and community newspapers in 18 markets and the Washington-based Scripps Media Center, home to the Scripps Howard News Service; 10 broadcast TV stations, including six ABC-affiliated stations, three NBC affiliates and one independent; United Media, a leading worldwide licensing and syndication company that is the home of PEANUTS, DILBERT and approximately 150 other features and comics; Shop At Home, which markets a growing range of consumer goods directly to television viewers in roughly 57 million U.S. households and online through shopathometv.com; and Shopzilla, the online comparison shopping service that carries an index of more than 30 million products from approximately 65,000 merchants. About MediaNews Group MediaNews Group, Inc. is the nation’s seventh largest newspaper company, with headquarters in Denver, Colo. MediaNews Group and its affiliated companies publish 50 daily newspapers and 121 non-daily publications in 12 states with daily and Sunday circulation of approximately 2.1 million and 2.4 million, respectively. In addition, MediaNews Group owns a CBS affiliate in Anchorage, Alaska and four radio stations in Texas. MediaNews Group maintains 74 Web sites for its daily newspapers and an umbrella site, newschoice.com.