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Medianews Group

July 23, 2002 | From Times Wire Reports
A judge ruled that managers must give up control of the Salt Lake Tribune next week even as they continue a legal fight to buy back the newspaper. U.S. District Judge Ted Stewart also ruled that MediaNews Group, the paper's corporate owner, can't sell any Tribune asset worth more than $250,000 without prior notice to the Tribune's former owners. It also must delay plans to build a new printing plant.
April 19, 1989
William Dean Singleton has agreed to buy the Pasadena Star-News and a group of smaller affiliated newspapers in California from Knight-Ridder Inc. for $55 million, the communications company said today. Singleton, who has interests in 22 other dailies, including the Houston Post and the Denver Post through MediaNews Group Inc. of Houston, will form Pasadena Newspapers Inc. to purchase the properties, an assistant said. The sale to Singleton, who is vice chairman and chief executive officer of MediaNews, includes four semiweekly newspapers in Southern California--the Arcadia Tribune, the Duartean, the Monrovia News-Post and the Temple City Times, Knight-Ridder said.
May 6, 2006 | Joseph Menn, Times Staff Writer
Six members of Congress from the Bay Area asked the Justice Department on Friday to "give careful consideration" to the antitrust implications of the planned sale of three California newspapers to MediaNews Group Inc. In a letter, the representatives said McClatchy Co.'
December 2, 2000 | Associated Press
AT&T Corp. has agreed to sell the Salt Lake Tribune to MediaNews Group Inc., owner of the Denver Post and the Los Angeles Daily News. But managers of Utah's largest newspaper said they would try to block the deal. The Tribune was owned by descendants of mining magnate and turn-of-the-century U.S. Sen. Thomas Kearns until 1997, when it merged with cable company Tele-Communications Inc. AT&T purchased TCI last year. Terms were not disclosed.
March 29, 2000 | Stephen Gregory
San Jose-based newspaper chain Knight Ridder Inc. and a union representing local reporters and editors have reached a $1.2-million settlement that will give some current and former workers at the Long Beach Press-Telegram severance pay stemming from Knight Ridder's sale of the newspaper in 1997, union officials said. Gary North, president of the Southern California Media Guild, said that the settlement was reached in September, but that implementation was delayed until last week.
June 16, 2011 | By Walter Hamilton, Los Angeles Times
Buyout negotiations between the parent of the Orange County Register and MediaNews Group Inc. have collapsed over a disagreement about the value of the company, according to a person familiar with the matter. The Denver company, which owns 29 California newspapers, is believed to have offered about $700 million to purchase Freedom Communications Inc. The negotiations had been viewed as a potential first step toward an expected wave of consolidation in the region's newspaper industry as companies look for new ways to reduce overhead costs.
An administrative law judge ruled that the corporate owner of the Long Beach Press-Telegram lied to its employees, failed to bargain in good faith with its union and owes 21 fired workers wages going back to April 1998.
June 12, 2012 | By Walter Hamilton and James Rainey, Los Angeles Times
The Orange County Register and six other daily newspapers have been sold to a Boston investment group in what is expected to be the final sale of properties owned by Freedom Communications Holdings Inc. in Irvine. Terms of the sale to the investment group 2100 Trust were not disclosed. The group is headed by Aaron Kushner, a Stanford University graduate who formerly headed a greeting card company. His investment group sought unsuccessfully to buy the Boston Globe last year. "We believe that newspapers are essential to the fabric of our lives and are excited to own and grow these unique institutions," Kushner, 39, said in a statement.
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