Wednesday, January 18, 2012

Gazette's sister sells

Posted By on Wed, Jan 18, 2012 at 4:26 PM

Freedom Communications, owner of the Gazette, has sold The Tribune of Seymour, Ind., to a small newspaper group in Indiana, according to a BusinessWire press release.

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Freedom has been trying to unload its newspapers for a while now, giving rise to all kinds of rumors about who might be interested in the G. Rumored suitors include The Denver Post and Philip Anschutz, who just bought the Oklahoma Publishing Co., which counts among its holdings The Broadmoor hotel.

No word on how much the Indiana paper fetched for the California-based Freedom, but the good news is it appears no one at The Tribune is expected to lose their job.

The Gazette, on the other hand, has undergone numerous layoffs, the most recent on Dec. 1 when a dozen or so were let go, including editor Jeff Thomas, who was said to have resigned. Carmen Boles was appointed "director of content" to replace him.

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