Boone Newsmedia, Inc., (BNI) and Carpenter Media Group (CMG) are ending their joint ownership of several newsrooms.
CMG has acquired BNI’s interests in:
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In addition, CMG acquired the Ironton (Ohio) Tribune and related print and digital publications from BNI.
Terms of the transactions were not disclosed.
“We are pleased to be at this stage in the orderly transition of BNI and CMG to separate media companies after many years of shared management and ownership,” says Steve Stewart, president and chief executive officer of BNI.
“I echo Steve’s comments and look forward to next steps in serving these readers, businesses and communities,” adds Todd Carpenter, chairman of CMG.