Adams Pub­lish­ing Group pur­chases Jones Me­dia

Record Observer - - Business -

MIN­NEAPO­LIS — The Bay Times and Record Ob­server’s par­ent com­pany has ex­panded its grow­ing port­fo­lio for the sec­ond time in a month with the pur­chase of a Ten­nessee me­dia com­pany on Thurs­day.

Adams Pub­lish­ing Group an­nounced it has ac­quired Jones Me­dia Inc., a fourth­gen­er­a­tion fam­ily-owned me­dia com­pany head­quar­tered in Greeneville, Tenn. Jones Me­dia has sev­eral daily and non-daily com­mu­nity news­pa­pers, tourism-re­lated prod­ucts and ser­vices and a dig­i­tal mar­ket­ing so­lu­tions agency. Terms of the deal were not dis­closed.

Jones Me­dia news­pa­pers in­cluded in the sale in­clude The Greeneville Sun (Greeneville, Tenn.), The Daily Post-Athe­nian (Athens, Tenn.), The Daily Times (Maryville, Tenn.), The New­port Plain Talk (New­port, Tenn.), The Rogersville Re­view (Rogersville, Tenn.), the News-Her­ald (Loudon County, Tenn.), The Con­nec­tion (Tel­lico Vil­lage, Tenn.), The Her­ald-News (Day­ton, Tenn.), the Watauga Demo­crat (Boone, N.C.), The Moun­tain Times (Watauga County, N.C.), Ashe Moun­tain Times (West Jef­fer­son, N.C.), The Avery Jour­nal-Times (Aver y County, N.C.) and The Blow­ing Rocket (Blow­ing Rock, N.C.).

Jones Me­dia’s hold­ings also in­clude two other ma­jor op­er­a­tions:

Tour­ing Publi­ca­tions is based in Se­vierville, Tenn., and serves the Great Smoky Moun­tains re­gion and the south­east­ern United States with a mul­ti­tude of print and dig­i­tal publi­ca­tions, travel guides and ser­vices.

High Road Dig­i­tal, based in John­son City, Tenn., is a full-ser­vice dig­i­tal mar­ket­ing so­lu­tions firm serv­ing the needs of busi­nesses in Eastern Ten­nessee, South­west­ern Vir­ginia, West­ern North Carolina and beyond.

“We’re very ex­cited to wel­come Jones Me­dia to our fam­ily of com­pa­nies,” said Steve Adams. “Through gen­er­a­tions of stew­ard­ship, Jones Me­dia is con­sid­ered one of the premier news­pa­per and dig­i­tal com­pa­nies in the coun­try. We sa­lute the Jones fam­ily and all of the Jones as­so­ciates for their fine work, and look for­ward to a pros­per­ous fu­ture.”

“After 100 years of fam­ily own­er­ship, sell­ing Jones Me­dia was not an easy de­ci­sion for our fam­ily,” said Gregg Jones, pres­i­dent and CEO. “How­ever, there was no clear suc­ceed­ing gen­er­a­tion of our fam­ily work­ing in the busi­ness, so we came to the dif­fi­cult de­ci­sion nearly a year ago that sell­ing was the best op­tion for our em­ploy­ees and the com­mu­ni­ties we serve.”

“Find­ing the right com­pany to suc­ceed the Jones fam­ily was a chal­lenge,” he stated.

“There are a num­ber of out­stand­ing me­dia com­pa­nies across Amer­ica; but, when we met the mem­bers of the Adams fam­ily, we felt from the be­gin­ning that they would be an ex­cel­lent choice to suc­ceed our fam­ily,” Jones said.

Gregg Jones will con­tinue as pres­i­dent and CEO of Jones Me­dia, a role he has held for more than 15 years, and will suc­ceed his late fa­ther, John M. Jones, III, as pub­lisher of The Greeneville Sun.

Adams Pub­lish­ing Group is a fam­ily-owned me­dia com­pany based in Min­neapo­lis, Minn., that pro­duces com­mu­nity news­pa­pers, events, dig­i­tal prod­ucts and spe­cialty mag­a­zines serv­ing com­mu­ni­ties in Min­nesota, Wis­con­sin, Mary­land, Ohio, Michi­gan, Wy­oming and Idaho.

APG’s pub­lish­ing op­er­a­tions in­clude 63 com­mu­nity news­pa­pers, 18 shop­pers, 20 spe­cialty publi­ca­tions and 81 as­so­ci­ated web­sites.

The Adams fam­ily also owns ra­dio sta­tions, out­door ad­ver­tis­ing com­pa­nies and Camp­ing World/ Good Sam, a na­tional dis­trib­u­tor of recre­ational ve­hi­cles and camp­ing re­lated prod­ucts and ser­vices.

The ac­qui­si­tion of Jones Me­dia comes just three weeks after Adams Pub­lish­ing Group ac­quired ECM Pub­lish­ers Inc., which has 50 in­di­vid­ual publi­ca­tions reach­ing more than 600,000 house­holds across cen­tral Min­nesota and west­ern Wis­con­sin.

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