Tuesday, September 11, 2012

The man who calls himself Papa Doug now owns all of San Diego's major papers

The UT-San Diego yesterday denied that it had bought the North County Times, but today admitted that it had. This makes Voice of San Diego all the more important to San Diegans.

U-T Buys North County Times
September 11, 2012
By DAGNY SALAS
Voice of San Diego

Developer and U-T San Diego owner Doug Manchester now owns two major daily newspapers in the San Diego region: The company jointly owned by Manchester and his partner, U-T CEO John Lynch, bought the North County Times for $11.95 million. Voice of San Diego reporter Rob Davis is on the story and has been tweeting about it this morning:

11 Sep 12
Rob Davis@robwdavis
NCT publisher confirms that, yes indeed, the sale is complete now. Today. For real...

11 Sep 12
Rob Davis@robwdavis
Yesterday's non-sale fiasco has the bad odor of a case of We Wanted to Control Our News So We Denied The Report...

11 Sep 12
Rob Davis@robwdavis
The man who calls himself Papa Doug now owns all of San Diego's major papers. Good time to reread my profile of him. [Click here.]

U-T San Diego to buy North County Times, Californian
MANCHESTER EXPANDS MEDIA REACH IN $11.95M DEAL
By BRADLEY J. FIKES
nctimes.com
September 11, 2012

U-T San Diego has agreed to purchase the North County Times from Lee Enterprises Inc., North County Times publisher Peter York said Tuesday. The price was $11.95 million.

The sale of the Times, including The Californian, its edition in Southwest Riverside County, had been rumored for some time. A story in the San Diego Business Journal on Monday said a sale had been completed...

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