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Gazette acquired by investment group

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Gazette parent company Freedom Communications announced today that it has been acquired by investment group 2100 Trust, a company formed three years ago with the sole intent of investing in newspapers. Terms of the deal, which include Freedom’s flagship publication The Orange County Register, were not disclosed. Since emerging from bankruptcy in 2010, Irvine, Calif.-based… Continue Reading Gazette acquired by investment group

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Gazette owner to exit bankruptcy

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Freedom Communications, the bankrupt owner of the Colorado Springs Gazette, has won court approval of a reorganization plan. Judge Brendan Shannon of the U.S. bankruptcy court in Wilmington, Delaware approved the plan that had been crafted by attorneys for and its secured and unsecured creditors. The plan represented a significant victory for the unsecured creditors,… Continue Reading Gazette owner to exit bankruptcy

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The Orange County Business Journal reported today that Freedom Communications, the bankrupt parent company of the Colorado Springs Gazette, has filed an amended reorganization plan with the Delaware bankruptcy court. Under the new plan, which was the product of an agreement between the secured and unsecured creditors of the company, all of the company’s equity… Continue Reading Secured, unsecured creditors agree on new Freedom bankruptcy plan

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Gazette joins Yahoo Newspaper Consortium

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Crain’s BtoB magazine is reporting that The Gazette and its parent company’s flagship newspaper, the Orange County Register have joined the Yahoo Newspaper Consortium advertising network. Also joining the consortium were North Jersey Media Group’s The Record and Herald News and The San Diego Union-Tribune. Since its debut in 2006 with 176 newspapers, the consortium… Continue Reading Gazette joins Yahoo Newspaper Consortium

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It’ll be interesting to watch the forthcoming dustup between The Independent and The Gazette’s new four-day-a-week free publication, which will distribute 10,000 copies of each issue in the city’s core areas. Somewhat to its embarrassment, The Gazette has had to abandon its original name, “Ink” (turns out that name’s taken), and replaced it with FreshInk.… Continue Reading No early line on who’ll win Indy vs. G battle royal

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The Gazette will launch a free, four-day-a-week newspaper on May 6 that will cover downtown Colorado Springs, Old Colorado City and Manitou Springs. The newspaper, called Ink, will publish Wednesday through Saturday and 10,000 copies will be distributed each day to newspaper racks and stores in the three areas, said Gazette Vice President of Marketing… Continue Reading Gazette will launch four-day-a-week newspaper

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(A.P.) – A more severe decline in cash flow than previously expected has led to a lowering of debt ratings deeper into junk for newspaper publishers MediaNews Group Inc. and Freedom Communications Inc. MediaNews Group publishes the Denver Post, while Freedom is the parent of the Colorado Springs Gazette. Standard & Poor’s Ratings Services on… Continue Reading S&P lowers debt ratings for owners of Gazette and Denver Post

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