MEDIA FIRMS JOIN IN AD SITE.Byline: Daily News The parent of the Daily News and other Los Angeles Newspaper Group The Los Angeles Newspaper Group is an umbrella group of local daily newspapers published in the greater Los Angeles area by MediaNews Group. The news coverage of the newspapers are mainly local stories. newspapers led a consortium of media companies Monday that bought AdOne Classified Network Inc. to create the nation's largest locally based Web site for classified advertising. Denver-based MediaNews Group Not to be confused with Media General, an unrelated newspaper and TV group. MediaNews Group, based in Denver, Colorado, is one of the largest newspaper companies in the United States. Inc. already owned a 25 percent stake in AdOne and the deal, reached Wednesday, creates a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that will be called AdOne L.L.C. AdOne and its Web site, classifiedwarehouse.com, will be co-owned by E.W. Scripps Co., Advance Publications Inc., Donrey Media Group, Hearst Corp. and Garden State Newspapers, an affiliate of MediaNews. The ownership group includes four of the 10 largest U.S. newspaper companies. Terms were not disclosed. Classifiedwarehouse.com is the Internet's most comprehensive collection of classified advertising. The ads - which will come from the chain's newspapers - will be distributed on Lycos Inc.'s main Web site, lycos.com. ``We have long been believers in AdOne's classified network. But with the new support of our strategic partners and the provision of a significant amount of new content on the network, AdOne will be clearly positioned as the premier provider of online classified advertising content,'' said William Dean Singleton William Dean Singleton is the chairman of the board of directors of the Associated Press, on which he has sat since 1999. He is also the founder, vice chairman and chief executive officer of MediaNews Group, the fourth-largest newspaper company in the United States in terms of , president and chief executive officer of MediaNews Group. ``Our first and foremost responsibility is to our local classified advertising customers and our local newspapers have served their needs well for decades. Now, in addition to distribution in our local newspapers, our customers will benefit significantly from the strength of the AdOne network through the tremendous distribution capabilities of AdOne's . . . consumer site,'' he said. Classifiedwarehouse.com's searchable advertising database averages more than 3 million new ads per month and is expected to grow to more than 6 million ads by the summer, said Dan Manco, AdOne's marketing director. Consumers who can't find a product or service through their local paper's Web site will be able to conduct a broader search via classifiedwarehouse.com, he said. MediaNews Group is the seventh-largest newspaper company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . It manages newspaper companies with combined daily and Sunday circulation of approximately 1.55 million and 1.68 million, respectively. In addition to the Daily News, its Los Angeles-area holdings include the Long Beach Press Telegram, San Gabriel Valley The San Gabriel Valley is one of the principal valleys of southern California. It lies to the east of the city of Los Angeles, to the north of the Puente Hills, to the south of the San Gabriel Mountains, and to the west of the Inland Empire. Tribune tribune, in ancient Rome, one of various officers. The history of the office of tribune is closely associated with the struggle of the plebs against the patrician class to achieve a more equitable position in the state. From c.508 B.C. , Pasadena Star-News The Pasadena Star-News is the local daily newspaper for Pasadena, California. The Star-News is a member of the Los Angeles Newspaper Group. External links
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