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AIM Media Texas is a United States publisher of daily and non-daily
newspaper A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports a ...
s, primarily in the
Rio Grande Valley The Lower Rio Grande Valley ( es, Valle del Río Grande), commonly known as the Rio Grande Valley or locally as the Valley or RGV, is a region spanning the border of Texas and Mexico located in a floodplain of the Rio Grande near its mouth. The ...
region of
Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...
. In 2012,
Freedom Communications Freedom Communications, Inc., 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 ...
began selling most of its newspaper portfolio. Former
Dallas Morning News ''The Dallas Morning News'' is a daily newspaper serving the Dallas–Fort Worth area of Texas, with an average print circulation of 65,369. It was founded on October 1, 1885 by Alfred Horatio Belo as a satellite publication of the ''Galvesto ...
president and
American Consolidated Media American Consolidated Media (ACM) was a United States publisher of approximately 100 daily and weekly newspapers, which it divested in 2014. In March 2014, ACM announced the it was selling three of its regional newspaper groups, encompassing 34 ...
founder Jeremy Halbreich founded AIM Media in order to purchase the Texas newspapers from Freedom in a deal worth $70–80 million. The newspapers included: *'' The Monitor'' (
McAllen McAllen is the largest city in Hidalgo County, Texas, United States, and the 22nd-most populous city in Texas. It is located at the southern tip of the state in the Rio Grande Valley, on the Mexico–United States border. The city limits extend ...
) *''
Valley Morning Star The ''Valley Morning Star'', established in 1909 as the ''Harlingen Star'', is an American newspaper published in Harlingen in the U.S. state of Texas. In 1938, ''The New York Times'' reported on a printer's strike at the newspaper that was organ ...
'' ( Harlingen) *''
Brownsville Herald ''The Brownsville Herald'' is a newspaper based in Brownsville, Texas, circulating in the Cameron County area. Jesse O. Wheeler, a newspaperman from Victoria, purchased Brownsville's ''Cosmopolitan'' newspaper in 1892 and renamed it the ''Browns ...
'' ( Brownsville) *''
El Nuevo Heraldo ''El Nuevo Heraldo'' is a Spanish-language newspaper in Brownsville, Texas, United States. It is a sister newspaper to ''The Brownsville Herald''. In 2009 the 2009 Texas Associated Press Managing Editors' annual meeting awarded the ''El Nuevo Her ...
'' ( Brownsville) *''
Odessa American The ''Odessa American'' is a newspaper based in Odessa, Texas, that serves Odessa and the rest of Ector County. The newspaper has daily editions (sold at $2) and Sunday/Thanksgiving Day editions (sold at $3). The paper is particularly notable fo ...
'' (
Odessa Odesa (also spelled Odessa) is the third most populous city and municipality in Ukraine and a major seaport and transport hub located in the south-west of the country, on the northwestern shore of the Black Sea. The city is also the administrativ ...
) *'' Mid-Valley Town Crier'' (
Weslaco Weslaco is a city in Hidalgo County, Texas, United States. As of the 2020 census the population was 41,103, and in 2020 the estimated population was 41,103. It is located at the southern tip of Texas in the Rio Grande Valley near the Mexi ...
) (semi-weekly) *'' Coastal Current'' ( South Padre/
Port Isabel Port Isabel may refer to: Places *Port Isabel, Texas, USA; a city in Cameron County *Port Isabel, Sonora, Mexico; a former port (1864-1879) at the mouth of the Colorado River * Port Isabel Independent School District, Cameron County, Texas, USA *Po ...
) (weekly) At the time of the sale, the daily newspapers had a combined circulation of about 80,000 daily and 94,000 on Sunday. The deal also included other associated weekly and monthly publications. Company investors included Chicago-based businessmen Joe Mansueto of
Morningstar, Inc. Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois and was founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services. With operations in 29 countries, ...
and private equity investor
John Canning John A. Canning Jr. is a private equity investor and sports executive. He is the founder and chairman of Madison Dearborn Partners, the large Chicago-based private equity firm. Career Canning was an early investor in private equity in the late 1 ...
. Chief operating officer Rick Starks also owns a stake. Halbreich served as head of the
Chicago Sun-Times The ''Chicago Sun-Times'' is a daily newspaper published in Chicago, Illinois, United States. Since 2022, it is the flagship paper of Chicago Public Media, and has the second largest circulation among Chicago newspapers, after the ''Chicago T ...
company from 2009 to 2012 before leaving to form AIM Media.


References

Newspaper companies of the United States Companies based in McAllen {{US-media-company-stub