NEW JERSEY PRESS INC. TO PURCHASE MIDDLESEX DAILY NEWSPAPER; The Home News to Combine with The News Tribune.NEPTUNE Neptune, in Roman religion and mythology Neptune, in Roman religion and mythology, god of water. He was presumably an indigenous god of fertility, but in later times he was identified with the Greek Poseidon, god of the sea. , N.J.--(BUSINESS WIRE)--July 13, 1995--The parent company of The Home News, East Brunswick, announced today it has agreed to buy certain assets of The News 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. of Woodbridge from Bergen Record Corp. and plans to combine The News Tribune with The Home News to form one daily newspaper for the Central New Jersey market. New Jersey Press Inc., which also owns the Asbury Park Press The Asbury Park Press is the major daily newspaper in Monmouth and Ocean counties of Asbury Park, New Jersey, and has third largest circulation in the state.[2] , has owned The Home News since July 1993. Bergen Record Corp., which owns The Record, Hackensack, and other media properties, has owned The News Tribune since December 1985. The announcement was made jointly by E. Donald Lass, president of New Jersey Press Inc., and Malcolm A. Borg, chairman, Bergen Record Corp. "It's no secret that Mac and I have had discussions over the years about ownership of these newspapers," said Lass. "We both have recognized that Middlesex County For the traditional county of England, see Middlesex. For other uses, see Middlesex (disambiguation). Middlesex County is the name of six counties in North America:
intr.v. thrived or throve , thrived or thriv·en , thriv·ing, thrives 1. To make steady progress; prosper. 2. marketplace. Historically, the region has been split and served by two local daily newspapers. That is no longer economically viable. The combined newspaper will provide more comprehensive local and county coverage for readers and advertisers and ensure its profitability through the consolidation." Lass noted that while both newspapers currently serve Middlesex County, there is little overlap in their coverage. "We expect readers will find the best of both newspapers in the new daily," Lass said. "This is a win-win situation for our customers." The acquisition is expected to take place before the end of the year. No purchase price was announced. "The closing of an independent newspaper, but especially one of our own, saddens us and our faithful readers and advertisers," Borg said. "Despite the millions of dollars we've invested yearly in making The News Trubine the best newspaper in Middlesex County, the economic forecast of advertising dollars available, coupled with a 106% newsprint newsprint low grade paper used for newspapers. Old newspapers are fed to cattle as an alternative roughage and may occasionally be ingested by dogs. Significant amounts of lead are accumulated in tissues; no cases of poisoning have been recorded in cattle, though it has been price increase in 21 months, led us to the conclusion that it is in the best interests of the company that we focus our resources and efforts in those areas that will provide long-term financial growth." The Record is a regional newspaper focusing on the northern New Jersey counties of Bergen and Passaic. The Asbury Park Press is a regional newspaper whose primary market is Monmouth and Ocean counties. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Lass, News Tribune employees have been guaranteed interviews by New Jersey Press Inc. for consideration of employment with the combined newspaper and at the corporation's other properties. The News Tribune has approximately 130 full-time and 95 part-time employees. The News Tribune has a daily circulation of 53,084 and Sunday circulation of 51,103. The Home News has a daily circulation of 42,188 and Sunday circulation of 51,833. New Jersey Press Inc., which traces its roots back to 1879, is an independently owned corporation headquartered in Neptune, NJ. New Jersey Press Inc. is the parent holding company for Asbury Park Press Inc. and Press Broadcasting Company Noun 1. broadcasting company - a company that manages tv or radio stations company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage" . In addition to the daily newspapers, Asbury Park Press Inc. owns Addresses Unlimited, a direct mail company. Press Broadcasting Company owns and operates New Jersey 101.5 (WKXW-FM) and WBUD (1260 AM), Trenton; and Real Radio 104.1 (WTKS-FM) and WKCF-TV, Channel 18, Orlando, FL, both serving the central Florida
Central Florida is the central region of the United States state of Florida, on the East Coast. market. Press Broadcasting Company also recently announced its intent to purchase WBSS-FM 97.3, Pleasantville, covering southern New Jersey. The Record, which recently celebrated its 100th anniversary, also prints USA Today USA Today National U.S. daily general-interest newspaper, the first of its kind. Launched in 1982 by Allen Neuharth, head of the Gannett newspaper chain, it reached a circulation of one million within a year and surpassed two million in the 1990s. , Investor's Business Daily Investor's Business Daily (IBD) is a national newspaper in the United States, published Monday through Friday, that covers international business, finance, and the global economy. Founded in 1984 by William O'Neil, its headquarters are in Los Angeles, California. , The Irish Echo, and 25 other publications. The Record's parent company, Macromedia Incorporated, also owns and operates four CBS-affiliated television stations in Altoona, PA; Binghamton, NY; Huntington, WV; and Lebanon, PA. CONTACT: The Marcus Group, Inc. Alan C. Marcus (201) 902-9000 or Asbury Park Press Tim Zeiss (908) 922-6000, x3235 or Bergen Record Corp. Linda Iceland (201) 646-4345 |
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