Journal Media Group, Inc. (NYSE: JMG) was established in 2014, formerly known as Boat NP Newco, Inc., changed to its current name in April 2015, and headquartered in Milwaukee, Wisconsin, USA , Is a newspaper distribution company.
Journal Media Group (JMG):
Journal Media Group is a media company mainly engaged in print newspapers and digital publishing in the United States. The company publishes daily newspapers with digital products and community newspapers, which are mainly used to deliver news and information to readers and advertisers.
Journal Media Group’s 14 markets in 8 states, the newspaper projects issued include Milwaukee Journal Sentinel, Naples Daily News, The Commercial Appeal in Memphis, and Ventura County Star in California.
On April 1, 2015, EW Scripps Company acquired Journal Communications, and divested the distribution business of Scripps and Journal, and established a new company, Journal Media Group.
History of Journal Media Group (JMG):
- The history of Journal Media Group can be traced back to the Milwaukee Journal established in 1882 and the Milwaukee Sentinel established in 1837;
- In 1964, Journal Communications acquired part of the equity of Perry Printing, a commercial newspaper printing company. Later, in 1974, it acquired the remaining shares and sold it to the Milhous Group of California in 1995;
- On July 30, 2014, Journal Communications announced that it was about to be acquired by EW Scripps Company. Scripps retained the broadcasting assets of the two companies. At the same time, the two companies divested each other’s newspaper printing business to form the Journal Media Group. On December 12, 2014, the FCC approved the transaction. On March 11, 2015, the shareholders of the two companies voted to approve the transaction. The final transaction was completed on April 1, 2015;
- On October 7, 2015, Gannett Company announced plans to acquire Journal Media Group for US$280 million.