31.10.2014 18:11:18
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Tribune Publishing Acquires Wrapports Chicago Suburban Publications
(RTTNews) - Tribune Publishing Co. (TPUB) said Feiday that it has acquired six daily and 32 weekly suburban news and information brands from Wrapports, LLC.
The acquired publications - which include the Aurora Beacon-News, The Elgin Courier-News, the Lake County News-Sun, The Naperville Sun, the Post-Tribune in Northwest Indiana, The SouthtownStar and the 32 Pioneer Press weekly newspapers - will become part of the diversified portfolio of the Chicago Tribune Media Group, which operates the Chicago Tribune, RedEye, Chicago magazine, Hoy and other Chicago-based media brands.
The acquired papers have collective circulations of 72,000 daily, 87,000 Sunday and 52,000 weekly.1
In addition to acquiring the suburban newspapers, Chicago Tribune Media Group announced a long-term agreement to continue printing and distributing the Chicago Sun-Times, also owned by Wrapports. Chicago Tribune Media Group has printed the Sun-Times since 2011 and distributed the newspaper since 2007. The new agreement solidifies the continuation of the key commercial relationship for the company.
Terms of the acquisition and printing-and-distribution deals were not disclosed.
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