Having failed to find a buyer for the Ottaway Newspapers chain it acquired with Dow Jones & Co., News Corporation is now giving it a new name. The small market newspaper group will become Dow Jones Local Media Group, effective July 1st.
The Dow Jones Local Media Group includes eight daily newspapers, 15 weekly newspapers and a collection of magazines and Internet sites in six states. Major publications include: the Times Herald-Record, in Middletown, NY; the Cape Cod Times in Hyannis, MA; the Standard-Times in New Bedford, MA; the Pocono Record in Stroudsburg, PA; The Record in Stockton, CA; The Portsmouth Herald in Portsmouth, NH; the Medford Mail Tribune in Medford, OR; the Ashland Daily Tidings in Ashland, OR; and the Inquirer and Mirror in Nantucket, MA. It has over 1,200 employees.
“The new name reflects the closer working relationship between our successful local news franchises and the rest of Dow Jones and News Corp.,” said Les Hinton, CEO of Dow Jones.
Ottaway Newspapers, founded in 1936 when James H. Ottaway Sr. purchased the semi-weekly Bulletin in Endicott, NY, was purchased by Dow Jones in 1970. In turn, Dow Jones was acquired by News Corporation in 2007.
