Journal Communications, Scripps Co. announce deal

Published July 31, 2014 7:13pm ET



NEW YORK (AP) — Journal Communications Inc. of Milwaukee and E.W. Scripps Co. of Cincinnati have agreed to combine their broadcasting operations while spinning off newspaper holdings into a separate public entity.

The deal announced late Wednesday is the latest move by media companies to separate sluggish newspaper operations from more profitable broadcast units, as the industry adapts to consumers’ increasing taste for digital content.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.


Tag:

Media