News Corp. Sells Local Newspapers
News Corp. has sold its Dow Jones Local Media Group — which operates over 30 publications, including eight daily and 15 weekly newspapers — to Fortress Investment Group. Financial details of the deal weren’t disclosed.
Some of the papers involved in the sale include the Times Herald-Record (Middletown, New York); the Cape Cod Times and The Standard-Times (Hyannis and New Bedford, Massachusetts); The Record (Stockton, California) and The Pocono Record (Stroudsburg, Pennsylvania).
“These newspapers share a strong tradition of service in their communities and a highly talented staff,” said Robert Thomson, News Corp.’s
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