Downtown Manhattan Weekly Newspapers Sold to Jennifer Goodstein, NYC Community Media LLC

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By: Press Release

New York, N.Y., July 31, 2012 – The award-winning group of downtown Manhattan weekly newspapers owned by Community Media LLC have been sold by longtime publisher John Sutter to Jennifer Goodstein, a former MetLife digital business executive.

The new company will be known as NYC Community Media LLC.  Sutter will remain as publisher emeritus.

“It’s an honor to become the steward of these great community newspapers and their high-quality editorial content,” said Jennifer Goodstein.  “I look forward to helping the newspapers to evolve and grow in the digital age.”

A native of Clarks Summit, Pa., Goodstein graduated from Cal State University and attended the University of Maryland Law School.  1993-1997 she was director of technology for the Talbot County, Md. public school system.  She was responsible for developing the first countywide educational technology programs in the State of Maryland.  Goodstein later joined Met Life, rising to assistant vice president for Retail E-Business.

Sutter is “delighted to have found someone like Jennifer Goodstein who understands and believes in the community newspaper space and has the digital skills, ideas and ambitions for the newspapers and their web sites.”  Sutter purchased the group of weekly community newspapers in 1999.

The Villager, the oldest of Community Media’s publications, was established in 1933.  Since then, The Villager and its sister newspapers have won hundreds of awards for excellence from the New York Press Association.

In fact, The Villager was named by the New York Press Association as the best newspaper in New York State in three of the past 11 years.

Gay City News is NYC’s only gay newspaper and is considered one of the most influential in the country.

The Downtown Express particularly distinguished itself after 9/11, publishing more than 1,700 articles detailing the rescue and recovery and the rebuilding of the neighborhood.

“Residents and businesses around Ground Zero were desperate to know what was going on.  And we felt a journalistic obligation to keep them informed then and now,” said Sutter.

Cribb, Greene & Associates, a Charlottesville, Va.-based media brokerage firm, represented Community Media in the transaction.  The purchase price was not disclosed.

Jennifer Goodstein resides on the Upper West Side with her husband Les Goodstein, a senior vice president for News America Incorporated, and son Steven.

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