Cox sells Austin American-Statesman to GateHouse Media

AUSTIN, Texas (AP) — The Austin American-Statesman is being sold.
The newspaper reports Atlanta-based Cox Enterprises, owner of the capital city daily for more than 40 years, is going to New York-based GateHouse Media for $47.5 million. The sale is expected to close early this spring.
The purchase includes Ahora Si, the Statesman’s Spanish-language daily, as well as the Austin Community Newspapers group of suburban newspapers.
GateHouse owns 130 daily newspapers, 24 of them in Texas, including the Amarillo Globe-News and the Lubbock Avalanche-Journal. The Statesman will be one of GateHouse’s largest, with a daily print circulation of about 85,000 and almost 17,000 digital subscriptions.
GateHouse already has a central news and design center in Austin.

SHARE

RELATED CONTENT

Election day in former state Senator Carlos Uresti’s district Cruz says Dems quick to blame police after Dallas shooting Texas AP high school football poll — Week of September 17, 2018 Police: Border agent targeted victims for vulnerability Coca-Cola ‘closely watching’ cannabis in wellness drinks Fake fair catch fools Arkansas, leads to North Texas rout
Comments