YOU ARE HERE: LAT HomeCollections

O.C. Register parent to sell off 21 small papers

Freedom Communications agrees to a deal with Halifax Media Group for publications in Florida and North Carolina.

June 02, 2012|By E. Scott Reckard, Los Angeles Times
  • Freedom Communications owns the Orange County Register, above, and other papers.
Freedom Communications owns the Orange County Register, above, and other… (Los Angeles Times )

Orange County Register parent Freedom Communications Inc. agreed to sell 21 small newspapers in Florida and North Carolina and warned a group of corporate employees that they may lose their jobs as the company gets smaller.

Freedom did not disclose the terms of the sale to Halifax Media Group of Daytona Beach, Fla. Halifax said the staffs of the Florida and North Carolina papers would be offered jobs.

"We wanted to make sure that current employees would transition to the new owner and that the new owner shared our view of the importance of community journalism," Freedom Executive Vice President Mark McEachen said in a statement Friday. He didn't respond to a request for additional comments.

Freedom, an Irvine company controlled by private investors since emerging from bankruptcy in 2010, has already sold its extensive broadcast holdings, along with newspapers in the Midwest, Texas and New Mexico. It has been in discussions about selling the flagship Register as well.

In addition to the Register in Santa Ana, Freedom owns 35 other California papers, four of them dailies. It also owns the Gazette in Colorado Springs, Colo.; and the Yuma, Ariz., Sun.

Nine Freedom corporate employees received written notices this week that they were likely to be fired by the leaner company at the end of July, according to a person briefed on the developments who was not authorized to discuss them publicly and insisted on anonymity.

Los Angeles Times Articles