The Record (Stockton)

The Record

The July 27, 2005 front page
of The Record.
Type Daily newspaper
Format Broadsheet
Owner(s) Local Media Group
Publisher Roger Coover
Editor Mike Klocke
Founded 1895
Language English
Headquarters 530 E. Market Street
Stockton, CA 95202
United States
Circulation 58,888 Daily
64,146 Sunday
Website recordnet.com

The Record is a daily newspaper based in Stockton, California, serving San Joaquin and Calaveras Counties. It is owned by Local Media Group.

History

The Record was founded in 1895 by Irving Martin as the Evening Record. It is a newspaper that covers stories in the Stockton, San Joaquin and the Mother Lode areas; as well as surrounding areas and a national level as well. In 1969, Speidel Newspapers, Inc. bought The Record and the newspaper introduced its Sunday edition. In March 1977, Gannett Company bought Speidel Newspapers, including The Record. In 1994, Omaha World-Herald Company bought The Record. On May 5, 2003, Ottaway Community Newspapers bought The Record for $144 Million. Ottaway was the Local Media Group for Dow Jones and Co. Subsequently the corporate group changed its name to Dow Jones Local Media Group. The Record is headed by Roger W. Coover, President & Publisher since 1997.

In 2006, The Record began expanding its presence on the Internet as part of a strong digital media initiative. In 2007, The Record changed its brand to San Joaquin Media Group in reflection to the diversification of the information products and services offered in the market.

In 2007 the San Joaquin Media Group, as part of its diversification efforts, launched 209vibe and SJCrime.com. 209Vibe is a Web site and alternative monthly newspaper covering music, culture and entertainment in San Joaquin and Stanislaus counties. SJCrime.com is a Web site with information about crime in San Joaquin County. In 2008, it also launched eSanJoaquin.com, a local search engine.

On September 4, 2013, News Corp announced that it would sell the Dow Jones Local Media Group to Newcastle Investment Corp.β€”an affiliate of Fortress Investment Group, for $87 million. The newspapers will be operated by GateHouse Media, a newspaper group owned by Fortress. News Corp. CEO and former Wall Street Journal editor Robert James Thomson indicated that the newspapers were "not strategically consistent with the emerging portfolio" of the company.[1] GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27, 2013, to restructure its debt obligations in order to accommodate the acquisition.[2]

References

  1. ↑ "News Corp. sells 33 papers to New York investors". New York Business Journal. Retrieved 4 September 2013.
  2. ↑ "GateHouse Files for Bankruptcy as Part of Fortress Plan". Bloomberg.


This article is issued from Wikipedia - version of the 5/4/2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.