News

NE PA media chain Times-Shamrock to sell 9 papers

Written by The Associated Press | Aug 26, 2013 2:04 PM
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(Scranton) -- Times-Shamrock Communications says it will sell nine daily newspapers and alternative weeklies outside its core market in northeastern Pennsylvania, including one in the midstate.

George Lynett Jr., chief executive of the Scranton-based media conglomerate, says the papers have been ``strong, profitable investments.'' But he says the company is looking to focus on its properties closer to home.

The sale process will be handled by Cribb, Greene & Associates, a Montana-based newspaper brokerage.

The company is seeking buyers for he Shamokin News-Item  and The Towanda Daily Review and Sunday Review in Pennsylvania, The Petersburg (Va.) Progress-Index and The Virgin Islands Daily News.

The alternative weeklies for sale include the Baltimore City Paper, Orlando (Fla.) Weekly, San Antonio Current, Cleveland Scene and Detroit Metro Times.

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