Longview News-Journal to have new owner
POSTED: Thursday, May 31, 2012 - 8:00pm
UPDATED: Thursday, May 31, 2012 - 8:14pm
Texas Community Media LLC announced Wednesday it has reached an agreement to purchase the Longview News-Journal, Marshall News Messenger and a related group of East Texas weekly newspapers from ASP Westward.
The deal was expected to close soon. Terms were not disclosed.
The principal investors in Texas Community Media are members of the families that have owned and operated the Victoria Advocate, Texas' second-oldest daily newspaper, for three generations. Stephen McHaney, who has been co-publisher of the Advocate, is president of the new company. He said the acquisition reflects the continued strength of community newspapers and their websites.
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