Growing publisher buying 10 newspapers in Alabama, Georgia and Mississippi

MONTGOMERY, Ala. — A rapidly growing publisher is buying 10 newspapers in Alabama , Georgia and Mississippi from a company owned by Alabama ’s public pension fund.Among the newspapers being sold are three in Alabama — The News Courier of Athens, The Cullman Times and the St. Clair News-Aegis.

Carpenter Media Group is based in Natchez, Mississippi, and Tuscaloosa, Alabama. It became independent last year when Chairman Todd Carpenter divided newspapers he owned from those owned by Boone Newsmedia, a company where he was a longtime executive. Boone and Carpenter had previously managed their newspapers jointly.

Earlier this year, Carpenter Media, with support from Canadian investment firms Canso Investment Counsel and Deans Knight took over 150 newspapers, magazines and websites previously owned by Black Press Media of Surrey, British Columbia. Those newspapers included dozens of operations across western Canada, as well as the Star-Advertiser in Honolulu, Hawaii, and newspapers in Alaska and Washington.

CNHI is based in Montgomery, Alabama, and is owned by the Retirement Systems of Alabama, a pension fund for state and public school employees in that state. CNHI will continue to publish newspapers in 18 states.

Source: News Formal (newsformal.com)

Mississippi General News GA State Wire AL State Wire MS State Wire Media And Entertainment Industry Business N F U.S. News U.S. News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Podcast: How the 2024 Medicaid expansion debate diedMississippi Today discusses the breakdown of Medicaid expansion negotiations in the Mississippi Legislature.
Source: MSTODAYnews - 🏆 275. / 63 Read more »

Mississippi Today named 2024 Pulitzer Prize finalist for “Unfettered Power: Mississippi Sheriffs” investigationMississippi Today’s “Unfettered Power: Mississippi Sheriffs” investigation has been named a finalist for the 2024 Pulitzer Prize for Local Reporting.
Source: MSTODAYnews - 🏆 275. / 63 Read more »

Read Mississippi Today’s Pulitzer Prize finalist series ‘’Unfettered Power: Mississippi Sheriffs”Read the full Pulitzer Prize finalist seven-part 2023 series, which has continued into 2024 with details about the Rankin County “Goon Squad.”
Source: MSTODAYnews - 🏆 275. / 63 Read more »

South Alabama adds former Mississippi State safety through transfer portalTrent Singleton has 3 seasons of eligibility remaining
Source: aldotcom - 🏆 82. / 68 Read more »

Mississippi woman, Alabama man sentenced to prison for intending to distribute 991 grams of methLinda Renee Mizell, 41, was sentenced to 75 months in prison and Charles Oliver Trahan II, 51, was sentenced to 155 months in prison.
Source: FOX10News - 🏆 581. / 51 Read more »

How to Watch: Mississippi State Baseball versus North AlabamaThe Bulldogs are looking to bounce back from a series loss to Arkansas.
Source: SInow - 🏆 273. / 63 Read more »