McClatchy, Tribune Sell Newscom to Mainstream Data

By: E&P Staff Salt Lake City-based Mainstream Data announced Friday that it acquired global content provider Newscom LLC, which had been owned in equal shares by Tribune Co.'s Tribune Media Services subsidiary and The McClatchy Co. Terms of the transaction were not disclosed.

Founded in 1985, Newscom offers publishers one-stop access to more than 19 million rights-managed and royalty-free photos, graphics, illustrations, news stories, and features. Its 115-plus information partners include wire services Reuters, Agence France-Press and Deutsche Presse Agentur, photo houses Getty Images and Jupiterimages, the BBC, and McClatchy-Tribune Information Services.

Adding Mainstream data delivery services to Newscom will provide publishers worldwide with "access to the content they need, when they need it, and now delivered via the most robust and reliable networks available anywhere," Newscom President and CEO Scott E. Calder said in a statement.

"In addition to continuing to improve our current platform, Mainstream will provide Newscom the development resources and support infrastructure needed to create, manage and deliver our content directly to the desktops and into the workflow of our customers around the world," added Newscom General Manager Bill Creighton.

Mainstream said it will operate Newscom as an independent and wholly owned subsidiary that will keep its Washington, D.C., headquarters but soon also open a New York sales office.

Mainstream Data provides services, including installation and maintenance, for the collection, distribution (satellite and terrestrial), and display of digital media. Its networks deliver breaking news, real-time stock quotations, digital images, audio, and video worldwide for customers that include Bloomberg, Dialog, The European Pressphoto Agency, and Reuters.


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