Paxton Media Group

Last updated

Paxton Media Group, LLC
Company type Family-owned
Industry Publishing
Founded1896
Headquarters201 South 4th Street, Paducah, Kentucky 42003 United States
Key people
David M. Paxton, President & CEO
ProductsNewspapers, Media
Website paxtonmedia.com
Footnotes /references
Sources: [1] [2]

Paxton Media Group of Paducah, Kentucky, is a privately held media company with holdings that include newspapers and a TV station, WPSD-TV in Paducah. David M. Paxton is president and CEO.

Contents

The company owns 32 daily newspapers and numerous weekly newspapers, mostly in the southern United States. Daily circulation totals 350,000. Holdings include The Paducah Sun , the High Point Enterprise in High Point, North Carolina, the Jonesboro Sun in Jonesboro, Arkansas, and the Daily Star in Hammond, Louisiana and The Daily Citizen in Searcy, Arkansas.

History

Paxton Media Group traces it roots to 1896, when a group of investors headed by William F. Paxton launched The Evening Sun by buying the assets of the failing Paducah Standard at 214 Broadway. The cost was $8,900, and the men started with $10,000 capital. The newspaper did not make a profit until 1918. In 1929, Paxton's son, Edwin J. Paxton, who had taken over as editor, bought out the rival News-Democrat. After the merger, the newspaper became The Sun-Democrat, and operations were moved to the subsequent location at 408 Kentucky Avenue in 1934. The name changed to The Paducah Sun in 1978 at the request of Jack Paxton, editor at the time and grandson of Edwin J. Paxton. [1]

At 4:20 p.m. May 28, 1957, WPSD-TV (the PSD stands for Paducah Sun-Democrat) went on the air as the company-owned television station based in Paducah. It is an NBC affiliate. The company operated only The Paducah Sun and WPSD-TV until 1989, when it began acquiring other newspapers.

In 1998, the company purchased Nixon Newspapers Inc., which included the Wabash Plain Dealer in Indiana. [3]

In October 2000, Paxton purchased The Herald-Palladium from Hollinger Inc. [4]

In December 2004, Paxton Media Group purchased The Durham Herald Co., the parent company of The Herald-Sun and The Chapel Hill Herald. [5]

In 2007, Paxton Media Group purchased three Indiana newspapers: the Marion Chronicle-Tribune (in July) from the Gannett Foundation; [6] the Huntington Herald-Press (in May) from the Quayle family; [7] and the La Porte Herald-Argus from Small Newspaper Group (in September). [8]

In June 2015, Paxton purchased the Mayfield Messenger in Kentucky. [9] In May 2016, Paxton purchased The Elkhart Truth in Indiana. [10] In late December 2016, Paxton sold The Herald-Sun to The McClatchy Company. [11]

In 2017, Paxton acquired the Grayson County News Gazette, the News Democrat Leader, and the Macon County Times from Civitas Media. [12] In January 2018, Paxton purchased the Daily Herald in Roanoke Rapids, North Carolina, from Wick Communications. [13] In June 2018, it purchased The Batesville Daily Guard in Arkansas from the Jones family. [14] In November 2018, Paxton purchased the Kentucky New Era . [15] In May 2019, it purchased The Rochester Sentinel in Indiana. [16] By June 2019, Paxton acquired four additional Arkansas newspapers, including Conway's Log Cabin Democrat , Clinton's Van Buren County Democrat, The Sun-Times in Heber Springs, and the Newport Independent. [17]

In July 2020, Paxton purchased the Dubois County Herald in Jasper, Indiana. [18] In October 2020, Paxton purchased the Wilkes Journal-Patriot in North Carolina. [19]

In February 2021, Paxton acquired the North Vernon Plain Dealer & Sun in Indiana. [20]

In May 2021, Paxton purchased Landmark Community Newspapers, publisher of 47 daily and weekly newspapers in Florida, Indiana, Iowa, Kentucky, New Mexico, North Carolina, Ohio, South Carolina and Virginia. [21] It later resold some publications acquired in the Landmark purchase that it considered outside the company's footprint: The Las Vegas Optic in New Mexico to O'Rourke Media Group; [22] Huskers Illustrated to Nicholas Holdings; [23] and two newspapers in Iowa, the Red Oak Express and the Glenwood Opinion-Tribune, to J. Louis Mullen. [24]

In November 2022 Paxton acquired six North Carolina newspapers from Gannett Co., Inc. The additions include the Lexington Dispatch, the Asheboro Courier-Tribune, the Burlington Times-News, the Kinston Free Press, the New Bern Sun Journal, and The Daily News of Jacksonville. [25]

In October 2023, Paxton acquired The Southern Illinoisan from Lee Enterprises. [26]

In May 2024, the company acquired the Kernersville News. [27] In June that same year, Paxton acquired The Brazil Times, Greencastle Banner-Graphic, Greene County Daily World and Dyersburg State Gazette from Rust Communications. [28]

Business practices

Durham Herald-Sun

Paxton Media Group was criticized when it fired nearly 25 percent of the employees of The Herald-Sun, many of them longtime staples of the newsroom, the day it assumed ownership. Paxton defended the move by claiming that the newsroom was overstaffed and the salaries were causing the Durham, North Carolina paper to post annual losses. [1] [29] According to the Durham-based Independent Weekly , sources familiar with the Herald-Sun, Co.'s accounting ledgers, the company was operating profitably at least 6 months prior to Paxton's $124 million purchase. [30]

Allegations of lackluster and biased reporting by Paxton Media Group's holdings became news, again, with the dismissal of charges against the suspects in the Duke lacrosse rape case, when it became clear that The Herald-Sun editorial policy would not permit the paper to publish criticism of Durham district attorney Mike Nifong [ citation needed ], despite the fact that Nifong was facing ethics charges by the North Carolina State Bar and demands by the North Carolina Conference of District Attorneys that Nifong remove himself from the case. [31] [32] [33] [34] [35] In December 2016, Paxton Media sold The Herald-Sun to The McClatchy Company, owner of a competitor newspaper, The News & Observer of Raleigh, North Carolina. [36]

La Porte Herald-Argus

In September 2007, Paxton purchased the Herald-Argus of La Porte, Indiana amidst rumors that the paper would either be moved, merged, or have its staff severely cut, due to the recent acquisition of a number of rural newspapers in northern Indiana. [37] In order to allay those rumors, then-publisher John A. Newby wrote a column that firmly stated that the Herald-Argus was profitable and "lean" and therefore would not see any dramatic changes. [38] [39] Despite published claims to the contrary, in October, shortly after taking over operation of the paper, Paxton Media laid-off about half its staff at the Herald-Argus and moved its production location to that of the Paxton-owned Herald-Palladium in St. Joseph, Michigan, which by Paxton's own admission, has negatively impacted the paper's ability to publish timely local news. [40] [41] Reminiscent of the abrupt manner in which the Herald-Sun firings were conducted, at least one longtime Herald-Argus staffer was notified of her termination via certified mail while she recovered from surgery at home. [40] [42] The remaining Herald-Argus staffers and the staffers at other nearby Paxton-owned papers were specifically instructed not to publish information regarding the Herald-Argus staff cuts and production changes. [40] The Herald-Argus' website has also removed the September 17, 2007 column which promised that there would be no staff cuts or relocation of the paper's offices under Paxton's watch.

In July 2008, Paxton consolidated operations even more, making the publisher, managing editor, and other editorial management the same for both papers.

High Point Enterprise

On November 15, 2007, reports indicate that Paxton dramatically cut the staff of the High Point Enterprise in High Point, North Carolina, which Paxton took control of in 2004. [43] This is the third round of layoffs since 1999, when Paxton first purchased a stake in the paper. Senior Enterprise staff frequently criticized Paxton's management of the paper, arguing that there was a quantifiable reduction in local coverage. [44]

The Southern Illinoisan

In October 2023, Lee Enterprises sold the newspaper to Paxton Media Group. [45] Lee Enterprises' sale of The Southern Illinoisan was delayed after pushback from the newspapers union guild. The guild contested the sale after learning that Paxton would not be retaining any of the guild employees once the sale was final. [46] Paxton the sale was completed on Monday, Dec. 11, 2023 and all employees who were formerly working at the newspaper were laid off. [47]

Properties

Newspapers

Daily

Weekly

List is incomplete -

Other

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References

  1. 1 2 3 Clemmons, Laura A. (2005). "Paxton Media Group extends its influence far beyond its Western Kentucky base". RuralJournalism.org. Institute for Rural Journalism & Community Issues, University of Kentucky. Retrieved June 5, 2007.
  2. ↑ "Paxton Media Group LLC Company Profile". Yahoo! Finance. Retrieved June 5, 2007.
  3. ↑ Bracken, Alex (March 27, 2024). "Peru Tribune reflects on 103 years of circulation". Peru Tribune. Retrieved August 1, 2024.
  4. ↑ "Moser named H-P's new publisher". The Herald-Palladium. October 2, 2000. p. 1. Retrieved September 7, 2024.
  5. ↑ Morgan, Fiona (January 12, 2005). "Paxton may have overpaid for Herald-Sun". The Independent Weekly. Retrieved December 26, 2006.
  6. ↑ "Gannett Foundation Sells Chronicle-Tribune in Marion, Indiana". Dirks, Van Essen & April. July 2, 2007. Archived from the original on July 10, 2011. Retrieved September 2, 2024.
  7. ↑ SNA - Huntington (IN) Herald-Press Sold to Paxton Media Group Archived August 11, 2007, at the Wayback Machine
  8. ↑ Erler, Susan (September 7, 2007). "Herald-Argus gets new owner". The Times of Northwest Indiana. Retrieved September 7, 2024.
  9. ↑ "Paxton Media Group Acquires Mayfield (KY) Messenger". Editor & Publisher . June 4, 2015. Archived from the original on September 19, 2016. Retrieved September 9, 2016.
  10. ↑ "Paxton Media Group Acquires Elkhart Truth". Editor & Publisher . May 2, 2016. Archived from the original on May 28, 2016. Retrieved July 3, 2016.
  11. ↑ Murawski, John (December 21, 2016). "McClatchy buying Durham Herald-Sun newspaper in North Carolina". The News & Observer. Retrieved August 1, 2024.
  12. ↑ "Quarterly Updates - 3rd Quarter 2017". Dirks, Van Essen & Murray. September 30, 2017. Archived from the original on October 29, 2017. Retrieved October 28, 2017.
  13. ↑ "Paxton Media Group purchases The Daily Herald". The Daily Herald. January 31, 2018. Archived from the original on May 16, 2018. Retrieved May 10, 2018.
  14. ↑ "Paxton Media acquires Batesville paper". Arkansas Democrat-Gazette. June 5, 2018. Retrieved October 5, 2018.
  15. ↑ "Kentucky New Era sells to Paxton Media Group". Kentucky New Era. November 30, 2018. Retrieved April 7, 2019.
  16. ↑ "Paxton Media buys Indiana daily". Newspapers & Technology. June 15, 2019. Retrieved May 29, 2019.
  17. ↑ "Paxton Media Group acquires Log Cabin Democrat". Southern Newspaper Publishers Association. June 3, 2019. Retrieved June 7, 2019.
  18. ↑ Wilkins, Don (July 30, 2020). "Paxton Media Group buys Jasper, Ind., newspaper". Messenger-Inquirer. Retrieved August 6, 2021.
  19. ↑ "The Wilkes Journal-Patriot Acquired by Paxton Media Group". Fairfield Sun Times. October 20, 2020. Retrieved August 6, 2021.
  20. ↑ "Paxton Media Group Acquires North Vernon (IN) Plain Dealer & Sun". Dirks, Van Essen & April. February 8, 2021. Retrieved September 7, 2024.
  21. ↑ "Paxton Media Group buying Landmark Community Newspapers". The Associated Press. May 26, 2021. Retrieved August 6, 2021.
  22. ↑ "Optic acquired by O'Rourke Media Group". Las Vegas Optic. June 23, 2021. Archived from the original on August 6, 2021. Retrieved August 6, 2021.
  23. ↑ "Nicholas Holdings Acquires Huskers Illustrated From Paxton Media Group". Editor & Publisher. July 1, 2021. Retrieved September 2, 2021.
  24. ↑ "J. Louis Mullen acquires the Red Oak Express and Glenwood Opinion-Tribune from Paxton Media Group". Editor & Publisher. September 1, 2021. Retrieved September 2, 2021.
  25. ↑ Northam, Mitchell (December 9, 2022). "Kentucky-based Paxton Media Group buys six North Carolina newspapers from Gannett" . Retrieved December 9, 2022.
  26. ↑ "Paxton Media Group Acquires The Southern Illinoisan Newspaper". WPSD Local 6. October 27, 2023. Retrieved October 28, 2023.
  27. ↑ "Carter Publishing sells the Kernersville (NC) News to Paxton Media Group". Editor & Publisher. May 6, 2024. Retrieved May 7, 2024.
  28. ↑ Clark, Beth (June 28, 2024). "Local newspapers sell to Paxton Media Group". WIBQ. Retrieved June 29, 2024.
  29. ↑ "Veteran Employees Surprised By Rapid Firings When Paxton Buys Herald-Sun". National Press Photographers Association. January 5, 2005. Retrieved December 21, 2007.
  30. ↑ Morgan, Fiona (January 12, 2005). "Paxton may have overpaid for Herald-Sun". The Independent Weekly. Archived from the original on March 7, 2007. Retrieved February 8, 2007.
  31. ↑ "Duke Rape Suspects Speak Out". 60 Minutes . October 15, 2006.
  32. ↑ Neff, Joseph (August 6, 2006). "Lacrosse files show gaps in DA's case". The News & Observer. Archived from the original on September 28, 2006.
  33. ↑ "Nifong's move". The News & Observer. December 23, 2006.[ permanent dead link ]
  34. ↑ "Investigate the investigation". The Charlotte Observer. December 23, 2006. p. 12A.
  35. ↑ "The prosecutor is guilty". The Star-Ledger. December 30, 2006. p. 022. Archived from the original on September 29, 2007. Retrieved June 5, 2007.
  36. ↑ Murawski, John (December 21, 2016). "McClatchy buying Durham Herald-Sun newspaper in North Carolina". McClatchy DC Bureau. Retrieved May 10, 2018.
  37. ↑ "Paxton Media Group buys another Northern Indiana paper, getting monopoly on dailies in county". The Rural Blog. September 9, 2007. Retrieved December 21, 2007.
  38. ↑ Newby, John A. (September 17, 2007). "Sale of H-A does not impact a legacy!". Herald-Argus. Google Cache. Archived from the original on January 25, 2013. Retrieved December 20, 2007.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  39. ↑ "Huntington (IN) Herald-Press Sold to Paxton Media Group". Suburban Newspapers of America. May 1, 2007. Archived from the original on August 11, 2007. Retrieved December 20, 2007.
  40. 1 2 3 Staff (November 8, 2007). "Paxton Reported to be Cutting Dozens of Jobs in LaPorte, Ind". Editor and Publisher. Retrieved December 20, 2007.[ permanent dead link ]
  41. ↑ "Speak Out!: About those lottery numbers/Where're the stocks?". Herald-Argus. December 19, 2007. Retrieved December 20, 2007.[ dead link ]
  42. ↑ Craig, Randy (November 9, 2007). "Things Fall Apart". Readership 101. Archived from the original on March 22, 2012. Retrieved December 21, 2007.
  43. ↑ Robinson, John (November 15, 2007). "Layoffs in High Point". Greensboro News & Record . Archived from the original on December 18, 2007. Retrieved December 21, 2007.
  44. ↑ Morgan, Fiona (December 8, 2004). "Herald-Sun becomes a link in chain". The Independent Weekly. Archived from the original on September 29, 2007. Retrieved December 21, 2007.
  45. ↑ "Paxton Media Group Acquires The Southern Illinoisan Newspaper". WPSD Local 6. October 27, 2023. Retrieved October 28, 2023.
  46. ↑ "Workers denounce plans to sell The Southern Illinoisan | The NewsGuild - TNG-CWA". November 17, 2023. Retrieved December 13, 2023.
  47. ↑ Wicentowski, Danny (December 12, 2023). "The Southern Illinoisan was sold. Then the new owner eliminated its entire news staff". STLPR. Retrieved December 13, 2023.
  48. ↑ "Sun Publishing Website". Archived from the original on September 9, 2005. Retrieved June 5, 2007.
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