By: Mark Fitzgerald
American consolidated ventures north
Dallas-based American Consolidated Media is buying a group of Massachusetts weeklies from Journal Transcript Newspapers.
Included in the sale are the 10,666-circulation York County Coast Star and its seasonal, 15,000-free-distribution Coast Pilot; 7,000-circulation Revere Journal and 16,000-free-distribution Revere Journal Plus; 4,200-circulation Winthrop Sun-Transcript; 2,400-circulation Chelsea Record; and 11,000-free-distribution East Boston Sun-Transcript. The sale includes the monthly El Heraldo Latino with 10,000 free distribution in the East Boston and Chelsea areas.
American Consolidated President and Chairman Jeremy L. Halbreich said the Journal Transcript papers will continue under their own name while the York papers will become part of American’s Courier Publications group in Maine.
Journal Transcript was represented in the transaction by Dirks, Van Essen & Associates of Santa Fe, N.M. No terms were disclosed.
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(copyright: Editor & Publisher September 25, 1999) [Caption]