Stockton, California
Stockton is a city in and the county seat of San Joaquin County, California, San Joaquin County in the Central Valley (California), Central Valley of the U.S. state of California. Stockton was founded by Carlos Maria Weber in 1849 after he acquir ...
Gannett
Gannett Co., Inc. () is an American mass media holding company headquartered in McLean, Virginia, in the Washington, D.C., metropolitan area.Gannett Company
Gannett Co., Inc. () is an American mass media holding company headquartered in McLean, Virginia, in the Washington, D.C., metropolitan area.Omaha World-Herald Company bought ''The Record.''
On May 5, 2003, Ottaway Community Newspapers bought The Record for $144 Million. Ottaway was the Local Media Group for Dow Jones and Co. Subsequently the corporate group changed its name to Dow Jones Local Media Group.
In 2006, ''The Record'' began expanding its presence on the Internet as part of a strong digital media initiative.
In 2007, ''The Record'' changed its brand to San Joaquin Media Group in reflection to the diversification of the information products and services offered in the market.
On September 4, 2013,
News Corp
News Corporation, stylized as News Corp, is an American mass media and publishing company headquartered in Midtown Manhattan, New York City. The second incarnation of the News Corporation (1980–2013), original News Corporation, it was formed ...
announced that it would sell the Dow Jones Local Media Group to Newcastle Investment Corp.—an affiliate of Fortress Investment Group, for $87 million. The newspapers will be operated by GateHouse Media, a newspaper group owned by Fortress. News Corp. CEO and former ''Wall Street Journal'' editor Robert James Thomson indicated that the newspapers were "not strategically consistent with the emerging portfolio" of the company. GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27, 2013, to restructure its debt obligations in order to accommodate the acquisition.