Recorder par­ent APG ac­quires N. Car­olina me­dia

The Calvert Recorder - - Business -

Adams Pub­lish­ing Group, par­ent com­pany of The Calvert Recorder, an­nounced that it is ac­quir­ing a Mount Airy, N.C., group of pub­li­ca­tions and as­so­ci­ated web­sites from Cham­pion Me­dia, ef­fec­tive Nov. 1.

Mount Airy Group news­pa­pers lo­cated in North Car­olina to be in­cluded in the sale are The Mount Airy News, the Surry Scene, The Tri­bune (Elkin), The Yad­kin Rip­ple, The Stokes News (King), The Pilot (Pilot Moun­tain) and the Jef­fer­son Post (West Jef­fer­son). Also in­cluded in the trans­ac­tion is The Car­roll News in Hillsville, Va., a press re­lease states.

“We’re very ex­cited to wel­come the Mount Airy Group and its as­so­ciates to our fam­ily of com­pa­nies,” said APG Chair­man Stephen Adams in the re­lease. APG Ex­ec­u­tive Vice Pres­i­dent Gregg Jones added, “We are de­lighted with this op­por­tu­nity to ex­pand our foot­print in North Car­olina with such qual­ity prod­ucts and peo­ple.”

Cham­pion Me­dia CEO Scott Cham­pion ex­pressed mixed emo­tions about his de­ci­sion to sell the prop­er­ties. “This is a great group of news­pa­pers and I’ve thor­oughly en­joyed work­ing with them. While the de­ci­sion to di­vest was very dif­fi­cult, it was driven mostly by my be­lief that they will have a very bright fu­ture with APG,” Cham­pion said in the re­lease.

This ac­qui­si­tion will ex­pand APG hold­ings in North Car­olina that al­ready in­clude the Watauga Demo­crat and The Moun­tain Times in Boone, The Blow­ing Rocket in Blow­ing Rock, the Ashe Moun­tain Times in West Jef­fer­son and The Avery Jour­nal-Times in New­land.

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

Adams Pub­lish­ing Group an­nounced ear­lier this month that it would be ac­quir­ing the me­dia di­vi­sion as­sets of Pi­o­neer News Group Co. That sale in­cludes 22 daily and weekly news­pa­pers in Wash­ing­ton, Ore­gon, Idaho, Mon­tana and Utah, along with com­mer­cial print fa­cil­i­ties.

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.

Cribb, Greene and Cope rep­re­sented Adams Pub­lish­ing Group in this trans­ac­tion.

Terms of the APG/Cham­pion Me­dia deal were not dis­closed.

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