Newspapers’ partnership is a go
The joint venture will be known as Northwest Arkansas Newspapers.
Tuesday, October 27, 2009
The Justice Department has closedits investigation related to failing newspapers in northwest Arkansas, clearing the way for a joint venture to move forward, officials of Arkansas Democrat-Gazette Inc. and Stephens Media LLC announced.
The deal will be formalized Nov. 1, when the new limited-liability company takes over publication ofThe Morning News of Northwest Arkansas, the Northwest Edition of the Arkansas Democrat-Gazette, the Northwest Arkansas Times in Fayetteville and The Benton County Daily Record in Bentonville, and associated weekly newspapers in Washington and Benton counties and McDonald County, Mo.
The joint venture is a 50-50 partnership between owners of Stephens Media LLC and Arkansas Democrat-Gazette Inc. The two companies have contributed all of their northwest Arkansas assets and Stephens Media’s ...
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News, Pages 1 on 10/27/2009
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