The News Herald is a daily newspaper serving the city of Panama City, Florida in the United States . It is located at 501 W. 11th St. in Panama City.
13-531: Forerunners to the current newspaper were The St Andrews Bay News , founded in 1915, published by Frank Stitzer and edited by G.M. West. This paper was a daily, except Sunday. A second paper, also publishing daily except Sunday, was the Panama City Herald , founded in 1935 under the direction of John H. Perry with editorship by Charles T. White. In 1937 the two papers merged as The News Herald , printing daily except Sunday by Bay County Publishers. Later this
26-472: A 40 percent share in Freedom for about $ 460 million. As part of this transaction, Freedom had acquired substantial debt. On September 1, 2009, Freedom Communications went into a Chapter 11 bankruptcy reorganization. The company left bankruptcy on April 30, 2010, under the ownership of investment firms Alden Global Capital , Angelo, Gordon & Co. and Luxor Capital Group. Lenders to the company also retained
39-808: A bankruptcy judge approved the sale of Freedom Communications and its two major newspapers, the Orange County Register and the Riverside Press-Enterprise to Digital First Media (DFM). DFM is the parent of the Los Angeles News Group (LANG), which was renamed the Southern California News Group on the same day, and which owns eleven daily newspapers in Southern California . Founder and chief executive officer R.C. Hoiles led Freedom until his death in 1970. He
52-471: A merger with a subsidiary of 2100 Trust. On July 25, 2012, the latter, led by entrepreneur Aaron Kushner , acquired Freedom's dailies, associated non-daily publications and digital properties. The company continued to operate under the name Freedom Communications. Kushner, who "preached the virtues of local journalism and a print product," bought Freedom in 2012 for $ 50 million plus assumption of pension liabilities. He increased staff and added new sections at
65-484: A one-third interest in his first newspaper ( The Alliance Review in Ohio) sometime in the 1910s. He and his brother Frank bought many more local newspapers over the next several decades. In 1935 he moved his base of operations to Santa Ana, California , and in 1950 he incorporated his syndicate as Freedom Newspapers, Inc . It was renamed Freedom Communications in 1993. The company became a television station owner in 1984, with
78-1003: A stake in Freedom. The company announced on November 2, 2011 that it would sell its entire television division to Sinclair Broadcast Group for $ 385 million in a move to eliminate the company's debt. The sale was completed on April 2, 2012. Freedom began selling the majority of its newspaper portfolio in 2012. Four papers in the Midwest were sold to Ohio Community Media, an affiliate of the private equity firm Versa Capital Management, in May. The Clovis News Journal and other newspapers in New Mexico were sold to Stevenson Newspapers. Freedom papers in Texas were sold to AIM Media Texas. Its Florida and North Carolina papers were sold to Halifax Media Group . On June 11, 2012, Freedom Communications Holdings, Inc., announced an agreement to be acquired by 2100 Trust, LLC. in
91-891: The Orange County Register and began a new daily, the Long Beach Register. In January 2014, however, he announced heavy layoffs in Orange County and at the Riverside Press-Enterprise , which he also owned. The Register launched a Los Angeles edition, the Los Angeles Register , on April 16, 2014, but the venture ended five months later. The Long Beach Register became a Sunday-only publication in June 2014, and ceased publication in December 2014. Freedom closed
104-476: The acquisition of its first two stations WTVC-TV , Chattanooga, Tennessee and KFDM-TV , Beaumont, Texas . The Freedom television group eventually grew to six stations, including WRGB-TV Albany, New York , WPEC-TV West Palm Beach, Florida , WWMT-TV , Kalamazoo, Michigan and KTVL-TV Medford, Oregon . Freedom was operated as an entirely family-owned business until 2004, when private-equity firms Blackstone Group and Providence Equity Partners acquired
117-873: The sale of The Gazette (Colorado Springs) to Clarity Media, a subsidiary of The Anschutz Corporation , on November 30, 2012. In 2013, Freedom Communications sold the Yuma Sun and the Porterville Recorder to Rhode Island Suburban Newspapers and the Appeal-Democrat to Horizon Publications. In 2014, Freedom sold the Daily Press and the Desert Dispatch to New Media Investment Group. On November 1, 2015, Freedom Communications filed for Chapter 11 bankruptcy protection. In January, Freedom closed several of its weekly papers in Orange County. On March 21, 2016
130-463: Was acquired by New Media Investment Group . The publication was awarded the 1962 Pulitzer Prize for Public Service "for its three-year campaign against entrenched power and corruption, with resultant reforms in Panama City and Bay County ." This article about a Florida newspaper is a stub . You can help Misplaced Pages by expanding it . Freedom Communications Freedom Communications, Inc.
143-563: Was an American media conglomerate that operated daily and weekly newspapers, websites and mobile applications, as well as Coast Magazine and other specialty publications. Headquartered at 625 N. Grand Avenue in Santa Ana, California , it was owned by a private equity firm , 2100 Trust, established in 2010 by investor Aaron Kushner. Freedom's flagship newspaper was the Orange County Register , based in Santa Ana. Founder R.C. Hoiles gained
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#1732913675188156-422: Was revised to daily except Saturday. In 1952 the papers split into The News , publishing seven days a week, and The Herald , publishing daily except Saturday. In 1970 The News Herald reunited as a seven-day a week daily under Freedom Newspapers. The News Herald was owned by Freedom Communications until 2012, when Freedom sold its Florida and North Carolina papers to Halifax Media Group . In 2015, Halifax
169-556: Was succeeded as chief executive officer by his son, C.H. Hoiles , who served until 1981, and then by: Freedom's newspaper portfolio consists of: Los Angeles County Riverside County Regional Orange County Freedom folded its broadcast division in 2012; as a result, none of these stations are currently owned by the company: Notes: 33°45′04″N 117°51′02″W / 33.7511°N 117.8505°W / 33.7511; -117.8505 Clovis News Journal The Eastern New Mexico News
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