Digital First Media was formed in December 2013 with the merger of Denver-based MediaNews Group and the former Journal Register Co. It is the nation's second-largest newspaper company, based on circulation, operating in 15 states, with 800 multi-platform news and information products, including 76 daily and Sunday newspapers and 160 weeklies. The company said it serves 75 million customers monthly.
In Colorado, the company also owns the Boulder Daily Camera, Longmont Times-Call, Loveland Reporter-Herald, Cañon City Daily Record, Estes Park Trail-Gazette, and seven smaller papers on the Eastern Plains.
While the company said there is no time limit on discussions, newspaper analyst Ken Doctor of Outsell, who first reported that Alden Global Capital was getting ready to sell Digital First Media, predicted a sale in the near future.
"I think we'll see largely the dissolution of this company within six months," Doctor said.
"Now, more than ever, the illusions of division threaten our very existence. We all know the truth: more connects us than separates us. But in times of crisis the wise build bridges, while the foolish build barriers. We must find a way to look after one another as if we were one single tribe.” -King T'Challa, Black Panther
The truth is incontrovertible. Malice may attack it. ignorance may deride it, but in the end, there it is. ~Winston Churchill
Last edit: 12 Sep 2014 20:17 by ScienceChic. Reason: fixed a typo
