Copley sells daily breeze in torrance to hearst In a complex arrangement, hearst will allow medianews group, owner of the los angeles daily news, to operate christian louboutin shoes boots the breeze.Ultimately, hearst will sell the breeze to medianews. The deal includes hearst purchase of the copleyowned palos verdes peninsula news, the beach reporter and more san pedro, which medianews also will operate. Are delighted to acquire these fine newspapers and expand our reach in the exciting media market of los angeles, said dean singleton, chief executive of medianews.Daily breeze and its sister weekly newspapers are a wonderful addition to the los angeles newspaper group.Building that houses the 68, 000circulation breeze up for sale separately.Medianews plans to keep the paper in its current location under a shortterm lease with copley. Publisher art wible announced his retirement cheap christian louboutin in conjunction with the sale. Liz gaier, business development chief at medianews for the past five years and a former breeze sales representative, was named as his successor. The sale comes nearly six months after la jollabased copley, publisher of the san diego uniontribune, said it was seeking alternatives for the breeze that could result in its sale. Years, we produced quality journalism but struggled significantly on the business side, said phillip sanfield, editor of the breeze.The synergies that medianews brings, we got an opportunity to excel with our local print and online content as well as prosper financially.That good for the longterm vitality of the breeze.A privately held denver company, is the nation fourthlargest newspaper publisher.Medianews and its affiliated companies publish 61 daily newspapers and about 120 nondaily publications in 13 Discount Christian Louboutin Pumps Sale UK states, with a combined circulation of about 2.7 million daily and about 3 million Sunday. Medianews owns a cluster of papers in the los angeles area as part of its los angeles newspaper group, which includes the daily news, long beach presstelegram and pasadena starnews. The company, which owns the oakland tribune, this year acquired seven other san francisco bay area newspapers, including the san jose mercury news, contra costa times and the monterey county herald. The breeze sale comes amid a period of turmoil and contraction in the newspaper industry. In october, copley said it was strategic alternatives that could result in christian louboutin boots the sale of seven of its papers in ohio and illinois.Copley said it was taking the step partly because of debt incurred from estate taxes after company matriarch helen k.Copley death in 2004. In a statement issued at the time of that announcement, david c.Copley said the moves would our ability to keep the san diego uniontribune as an independent, locally owned newspaper for many years into the future.Is the chairman and ceo of the copley press inc.And publisher of the uniontribune, the 21stlargest daily in the country.
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