Court approves sale of AFN, Tribune - Ahwatukee Foothills News: Localnews

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

Court approves sale of AFN, Tribune

Print
Font Size:
Default font size
Larger font size

Posted: Thursday, March 11, 2010 12:00 am

A federal bankruptcy judge on Tuesday approved the sale of the Ahwatukee Foothills News — as well as Freedom Communications’ other Valley publications — to 1013 Communications LLC.

The $2.05 million sale is expected to close by the end of March, and also includes purchase of the Tribune in Mesa, the Daily News-Sun in Sun City, Glendale/Peoria Today and Surprise Today. The company also will operate the Arizona Interactive Media Group, which publishes the Clipper, a monthly direct-mail product, and the ahwatukee.com, yourwestvalley.com, EastValleyTribune.com Web sites.

“They are excellent, community-focused papers which are at the core of our business strategy," said Randy Miller, owner of Thirteenth Street Media. "And Arizona Interactive Media Group gives us a solid base to grow as the media landscape continues to evolve.”

1013 Communications is a partnership of Thirteenth Street Media of Boulder, Colo., and 10K Investments LLC based on Reno, Nev. Thirteenth Street Media is publisher of the Explorer, a 50,000-circulation free-distribution weekly in suburban north Tucson, and the Telluride (Colorado) Daily Planet, a free-distribution daily.

Miller, president of Thirteenth Street, was the owner of the Colorado Daily newspaper in Boulder until selling it to E.W. Scripps Co. He is a former executive with Lee Enterprises and Gannett.

10K’s principals are Brett Coleman and Arne Hoel. Hoel has been in the newspaper business with Swift Communications for 21 years, managing, acquiring and starting both free and paid circulation community newspapers.

Freedom said it was pleased with the transaction.

“We are very pleased we were able to find a buyer who has extensive experience in the media industry and who shares a strong commitment to serving the needs of local readers and advertisers,” said Freedom Chief Executive Officer Burl Osborne. “We believe this is the best outcome for our employees, advertisers, readers and other customers. The communities we have served will be in excellent hands.”

Also on Tuesday, Freedom announced that the U.S. Bankruptcy Court confirmed its plan of reorganization. The company is working emerge from Chapter 11 by the end of March.

More about

More about

More about

  • Discuss

Taking the Fish Out of Fish Feed: Making Aquaculture More Sustainable

Humans are eating more fish than ever. And since 2014, most of what we eat has come not from the wild, but from fish farms operated by the fas…

Published: August 28, 2016 - 4:28 pm @ http://undark.org/article/fish-farming-sustainable…

Spring (Getty Museum)

Spring Lawrence Alma-Tadema (Dutch, 1836 - 1912) Dutch 1894 Oil on canvas 178.4 × 80.3 cm (70 1/4 × 31 5/8 in.) Signed and numbered below colu…

Published: August 28, 2016 - 4:05 pm @ http://www.getty.edu/art/collection/objects/611/la…

Teenage boy shot to death in Tucson

TUCSON, AZ - Tucson police are investigating the shooting death of a teenage boy. Authorities say patrol officers heard gunfire around 2 a.m. …

Published: August 28, 2016 - 3:58 pm @ http://www.abc15.com/news/region-central-southern-…

Pokemon doughnuts, exercise classes tap game's popularity.

NEW YORK (AP) -- Weeks into the "Pokemon Go" craze, demand remains strong for "Poke Ball"-shaped treats made by a high-end doughnut company, o…

Published: August 28, 2016 - 3:58 pm @ http://finance.yahoo.com/news/pokemon-doughnuts-ex…

How Selfies Are Making Yellowstone Dangerous for Tourists

Tourist John Gleason crept through the grass, four small children close behind, inching toward a bull elk with antlers like small trees at the…

Published: August 28, 2016 - 3:34 pm @ http://time.com/4470011/national-parks-tourists-selfies/

Arizona Cardinals cornerback Mike Jenkins carted off field after injury

One of newest members of the Arizona Cardinals was carted off the field after suffering an injury during Sunday's preseason game at the Housto…

Published: August 28, 2016 - 3:27 pm @ http://www.abc15.com/sports/sports-blogs-local/ari…

The great Mexican wall deception: Trump’s America already exists on the border

This piece originally appeared on TomDispatch. At the federal courthouse, Ignacio Sarabia asks the magistrate judge, Jacqueline Rateau, if he …

Published: August 28, 2016 - 3:04 pm @ http://www.salon.com/2016/08/28/the-great-mexican-…

BREAKING: Knifeman Shouts 'Allahu Akbar' As He Slashes Couple, Victims Are...

A couple enjoying a German music festival were brutally attacked by a knife-wielding madman yelling “Allahu Akbar.” The victims, a 66-year-old…

Published: August 28, 2016 - 2:33 pm @ http://thefederalistpapers.org/us/knifeman-shouts-…

The Fifth-Graders Who Put Mexican Repatriation Back Into History Books

font size decrease font size increase font size Print Leslie Hiatt's fifth-graders are no strangers to politics. Seeking to empower children a…

Published: August 28, 2016 - 2:34 pm @ http://www.truth-out.org/news/item/37267-the-fifth…

NOW HIRING: Five Valley job fairs this week, hundreds of open positions

If you are currently out of the workforce or looking for a new job, there are hundreds of employers looking for workers in the Valley.  HPOne …

Published: August 28, 2016 - 12:55 pm @ http://www.abc15.com/money/now-hiring-five-valley-…

Facebook

ahwatukee.com on Facebook

Twitter

ahwatukee.com on Twitter

RSS

Subscribe to ahwatukee.com via RSS

RSS Feeds

Spacer4px

Most Popular

Online poll

Loading…