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California Newspapers Partnership

From Wikipedia, the free encyclopedia
American newspaper publisher
California Newspapers Partnership
Company typePrivate
IndustryNewspapers
FoundedFebruary 1999
HeadquartersSan Ramon,California,United States
Area served
California
ProductsDaily andweekly newspapers
ParentMediaNews (73.72% owner)
Stephens Media (26.28%)
Footnotes / references
[1]

California Newspapers Partnership is a publisher of more than two dozendaily newspapers and severalweekly newspapers in theUnited States state ofCalifornia. The partnership is managed as a subsidiary ofMediaNews Group, its majority owner. The minority partner isStephens Media, with roughly a one-quarter ownership stake.

History

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William Dean Singleton, founder of MediaNews, pushed for the partnership in 1999 as part of his "clustering" strategy of newspaper ownership — owning groups of newspapers in a geographic area foreconomies of scale. For example, he had acquired five dailies in Northern California in the mid-1990s and centralized their operations into one copy and layout desk, and one team for special sections such as sports and features.[2]

In an effort to achieve efficiencies on a larger scale, Singleton offered to pool its Bay Area papers — the Alamedia Newspaper Group — and theLos Angeles Daily News in a partnership with theOntario, California, assets of Donrey Media Group (now called Stephens). A year after forming the partnership, the duo were joined by Gannett, which contributed theSan Bernardino Sun and theMarin Independent Journal.

MediaNews entered into similar partnerships inNew Mexico-Texas andPennsylvania with Gannett, and inColorado withE.W. Scripps Company. In 2015, Gannett gave its stake in CNP to MediaNews successorDigital First Media in exchange for theNew Mexico-Texas andPennsylvania and cash.[3]

As MediaNews remains the largest shareholder in the California Newspaper Partnership, the partnership effectively functions as a subsidiary ofDenver-based MediaNews Group, and a parent to MediaNews' three newspaper clusters in California, theBay Area News Group,Los Angeles Newspaper Group and its Northern California holdings. Those operational clusters include a combination of newspapers owned by the partnership and newspapers wholly owned by MediaNews.

Holdings

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Bay Area

[edit]

CNP dailies in theBay Area News Group:[4]

Northern California

[edit]

CNP dailies in Northern California:[4]

Southern California

[edit]

CNP dailies in theSouthern California News Group:[5]

References

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  1. ^"Second Amended and Restated Partnership Agreement for California Newspapers Partnership, a Delaware General Partnership".RealDealDocs.com. May 30, 2003. RetrievedMay 9, 2012.
  2. ^"ALAMEDA: FIVE NEWSPAPERS PAGINATE 2300 PAGES PER WEEK".The Cole Papers. Feb 6, 1994. Archived fromthe original on September 23, 2015. RetrievedApril 1, 2013.
  3. ^"Gannett acquires complete ownership of Texas-New Mexico Newspaper Partnership from Digital First Media". Archived fromthe original on 2015-09-15. Retrieved2015-09-07.
  4. ^ab"MEDIANEWS GROUP INC, Form 10-K, Annual Report, Filing Date Sep 28, 2007"(PDF). secdatabase.com. RetrievedMay 15, 2018.
  5. ^"Jack Klunder Named President of Los Angeles Newspaper Group".MediaNewsGroup.com. February 16, 2012. Archived fromthe original on June 11, 2012. RetrievedMay 9, 2012.
Bay Area News Group1
Southern California
News Group
1
MediaOne New England
Northern California1
Prairie Mountain Publishing
Other newspapers
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