''The Record'' is a 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 ...
based in
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 ...
, serving
San Joaquin and
Calaveras Counties. It is owned by
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
The ''Omaha World-Herald'' is a daily newspaper in the midwestern United States, the primary newspaper of the Omaha-Council Bluffs metropolitan area. It was locally owned from its founding in 1885 until 2020, when it was sold to the newspaper ch ...]
Company bought ''The Record.''
On May 5, 2003,
Ottaway Community Newspapers
Local Media Group, Inc., formerly Dow Jones Local Media Group and Ottaway Newspapers Inc., owned newspapers, Web sites and niche publications in California, Maine, Massachusetts, New Hampshire, New York, Oregon and Pennsylvania. It was headquarte ...
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
Fortress Investment Group is an American investment management firm based in New York City. Fortress was founded as a private equity firm in 1998 by Wes Edens, Rob Kauffman, and Randal Nardone. When Fortress launched on the NYSE in February 200 ...
, 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
Robert Thomson (born 11 March 1961) is an Australian journalist. Since January 2013 he has been chief executive of News Corp.
Life
Thomson was born in Torrumbarry, Victoria, and studied at Christian Brothers College in St Kilda East, and a ...
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.
References
External links
SJCrime.com209VibeeSanJoaquin.comA History of the Record - San Joaquin County Historical Society
Daily newspapers published in California
Mass media in Stockton, California
Gannett publications
{{California-newspaper-stub