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 publications — ACM-Superior, ACM-Ohio and ACM-Chesapeake — to Adams Publishing Group.
In July 2014, ACM sold its papers in Texas, Oklahoma, and Kansas (ACM-Southwest and ACM-Valley) to
New Media Investment Group
Gannett Co., Inc. () is an American mass media holding company headquartered in McLean, Virginia, in the Washington, D.C., metropolitan area.
Macquarie Group
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia' ...
of Australia bought American Consolidated Media in 2007 for $80 million. At that time, the company owned 40 newspapers in Texas and Oklahoma including five dailies (
Alice Echo-News Journal
''Alice Echo-News Journal'' is a newspaper based in Alice, Texas, covering the Jim Wells County area of South Texas and published Wednesday, Friday and Sunday.
D.S. Boother founded the ''Alice Echo'' in 1894, publishing it as a weekly. He sold to ...
,
Brownwood Bulletin
The ''Brownwood Bulletin'' is a daily newspaper based in Brownwood, Texas, United States.
History
Brownwood attorney William Harding Mayes purchased the weeklies ''Brownwood Bulletin'' in the 1886 and ''Brownwood Banner'' in the 1887, consolid ...
, Miami News-Record, Stephenville Empire-Tribune, Waxahachie Daily Light), 19 weeklies and 16 "shopper"-type products. Macquarie purchased ACM from a group of companies including Halyard Capital, Arena Capital Partners, multiple private equity funds in New York and one in
Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...
(BancBoston Ventures). Later that year, ACM acquired 11 publications in Ohio from
Brown Publishing Company
Brown Publishing Company was a privately owned Cincinnati, Ohio, newspaper business started by Congressman Clarence J. Brown in Blanchester, Ohio in 1920. It ended 90 years of operations in August/September 2010 with its bankruptcy and sale of ass ...
, 22 publications in Maryland from Chesapeake Publishing, and 19 publications of Superior Publishing in northern Minnesota, Wisconsin and Michigan from MCG Capital. At its largest, ACM published about 100 daily and weekly newspapers.
ACM violated a $133.7 million loan agreement in 2009, and a group of lenders took over the company from Macquarie subsidiary Southern Cross Media Group in 2010. Those creditors include Australia and New Zealand Banking Group, CIT Group,
GE Commercial Finance
GE Commercial Finance was a unit of GE Capital, (one of five major operating divisions of General Electric). Headquartered in Norwalk, Connecticut, United States, it plays a role in over 35 countries and had assets of over US$335 billion at year ...
,
Macquarie Bank
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's t ...
,
National Australia Bank
National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-la ...
and
Royal Bank of Canada
Royal Bank of Canada (RBC; french: Banque royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 17 million clients and has more than 89,000 ...
Waxahachie Daily Light
The Waxahachie Daily Light is a newspaper serving Ellis County, Texas. Its daily circulation is 2,300.
History
The Waxahachie Daily Light started publishing in 1867 and it is the only paper serving Ellis County that started before 1900 and is s ...
Brownwood Bulletin
The ''Brownwood Bulletin'' is a daily newspaper based in Brownwood, Texas, United States.
History
Brownwood attorney William Harding Mayes purchased the weeklies ''Brownwood Bulletin'' in the 1886 and ''Brownwood Banner'' in the 1887, consolid ...
Alice Echo-News Journal
''Alice Echo-News Journal'' is a newspaper based in Alice, Texas, covering the Jim Wells County area of South Texas and published Wednesday, Friday and Sunday.
D.S. Boother founded the ''Alice Echo'' in 1894, publishing it as a weekly. He sold to ...
Cherokee County News-Advocate
The Cherokee (; chr, ᎠᏂᏴᏫᏯᎢ, translit=Aniyvwiyaʔi or Anigiduwagi, or chr, ᏣᎳᎩ, links=no, translit=Tsalagi) are one of the indigenous peoples of the Southeastern Woodlands of the United States. Prior to the 18th century, th ...
*Ellis County Trading Post
*Cross Timbers Trading Post
*Heartland Trading Post
*Alice Review
*Northeast Oklahoma Trading Post
ACM-Valley
*Valley Bargain Book-Brownsville
*Valley Bargain Book-Harlingen
*Valley Town Crier (McAllen)
*Edinburg Review
*Laredo’s Bargain Book and Ad Sack