GateHouse Media buys The Oklahoman Media Company
The Oklahoman Media Company has been sold to the fastest-growing publishing company in the country, New York-based GateHouse Media, for an undisclosed amount.
The sale closed Oct. 1. GateHouse Media publishes 146 daily publications. It operates in more than 570 markets across 37 states, reaching more than 23 million people on a weekly basis and serving more than 220,000 business customers.
GateHouse Media's parent company is publicly traded New Media Investment Group of New York.
"The Oklahoman has served its readers with great ambition and integrity since before statehood. We're proud that GateHouse Media will be able to continue The Oklahoman's heritage," said Kirk Davis, CEO, GateHouse Media.
The Oklahoman, NewsOK, Big Wing and The Oklahoman Direct will extend GateHouse's presence in Oklahoma.
Chris Reen, who was publisher of The Oklahoman and president of The Oklahoman Media Company, said he is pleased to turn over the newspaper and assets to GateHouse.
"GateHouse has the scale and broad expertise needed to keep The Oklahoman strong well into the future. It was important for us to sell to a strong company that is 100 percent devoted to ethical journalism," he said.
Reen will remain with The Anschutz Corp. Jim Hopson of Gatehouse will be the interim publisher of The Oklahoman.
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