Adams Publishing Group purchases Jones Media
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.