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The Livingston Enterprise, and its dad or mum firm Yellowstone Newspapers, are being bought to a Minnesota-based media group, in line with an announcement Monday by the 2 companies.
An settlement was reached final Friday between John Sullivan, president of the Montana group, and Mark Adams, president and CEO of Adams Publishing Group, APG, of Coon Rapids, Minnesota. The sale is predicted to be finalized by Nov. 1, in line with a joint announcement.
The sale will finish a 57-year historical past for the Yellowstone group, which started in 1965 with the acquisition of the Miles Metropolis Star, and has grown to incorporate 13 each day, twice-weekly and weekly newspapers and develop into the state’s largest Montana-owned newspaper group. Additionally included within the sale have been the group’s business printing operations.
“After over half a century of shepherding these Montana neighborhood papers,” Sullivan mentioned, “it’s time we turned over their care and feeding to a brand new outfit. We’re assured Mark Adams and his new group will take excellent care of our papers and our communities.”
Adams Publishing is a family-owned group based in 2014, and now owns greater than 120 newspapers and greater than 220 media-related and related digital merchandise in 19 states throughout the nation.
“We wish to thank John Sullivan and his group for his or her advantageous stewardship of these newspapers over time,” mentioned Adams. “APG is happy to work with the Yellowstone media operations in Montana. This chance is a superb strategic match with our Massive Sky area primarily based in Bozeman, and we stay up for offering that area with larger regional and local people journalism in addition to a bigger advertiser viewers.”
The acquisition will add to APG’s footprint within the state, which already contains the Bozeman Each day Chronicle and Belgrade Information, along with a variety of specialty merchandise in these communities.
The Yellowstone group provides greater than 100 workers to APG’s Massive Sky area and extra manufacturing capability for in-house and business printing. APG will improve the digital content material for subscribers and supply expanded digital advertising and marketing and promoting options for native companies. By consolidating enterprise operations, APG will unencumber native sources to deal with serving the native communities.
Yellowstone papers included within the buy, along with The Enterprise, embrace The Miles Metropolis Star, The Glendive Ranger-Evaluate, The Lewistown Information-Argus, The Dillon Tribune, The Massive Timber Pioneer, The Laurel Outlook, The Carbon County Information, The Bighorn County Information, The Stillwater County Information, The Terry Tribune, The (Forsyth) Impartial Press, and The Judith Basin Press.
The Yellowstone Group’s radio station, KATL-FM and the Star Printing Co. and Workplace Provide, each of Miles Metropolis, weren’t included within the sale.
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