Shaw Media (United States)

Last updated

Shaw Media
Founded1851
FounderBenjamin Flower Shaw
Headquarters location7717 South Illinois Route 31,
Crystal Lake, IL 60014.
Official website shawlocal.com

Shaw Media is a newspaper publisher based in Crystal Lake, Illinois, a suburb of Chicago. Its portfolio includes about 80 newspapers and news websites in Illinois and Iowa. [1] Originally based in Dixon, Illinois; it has acquired a swath of properties in the Chicago suburbs and moved its headquarters there. Founded in 1851, Shaw Media is the third oldest, continuously owned and operated family newspaper company in the United States. [2]

Contents

History

Benjamin Flower Shaw was born on a farm in Waverly, New York on March 31, 1831. His parents died when he was in his early teens. At age 14, he worked delivering mail on horseback from Cedar Rapids, Iowa to Galena, Illinois. The route was a distance of 100 miles. At age 16, Shaw worked at a printing plant in Rock Island where he learned the printer's trade. At age 20, he came to Dixon, Illinois to visit his siblings and then found work at the local newspaper. [3] [4] The first issue of the Dixon Telegraph and Lee County Herald was published on May 1, 1851. [3] It was founded Charles R. Fisk, a retired Presbyterian minister who brought a Washington hand press and other printing equipment with him as his family traveled by carriage to come settle in Dixon. It was the area's first newspaper. [4] [5] About six months later Fisk sold the paper to J. F. Hooper and M. P. Bull, who shortened the name on Dec. 3, 1851. Hopper dropped out before the end of the year and Shaw joined the firm two weeks before Bull sold out to J. V. Eustace, who became editor and proprietor. [5]

Shaw became the paper's publisher on January 21, 1852, and then the sole proprietor on April 30, 1854. [3] Shaw briefly traveled west to make his riches in the Pike's Peak gold rush. He found no gold and to support himself worked as a compositor. He set type on the first issue of the Rocky Mountain News. [3] [4] According to Shaw, the owner offered the newspaper to him in exchange for Shaw's team of mules. But Shaw declined, needing them to make the return journey home. He left Colorado after four months. Upon returning, Shaw took over The Amboy Times for a time and then returned to Dixon to again be the editor and publisher of the Dixon Telegraph. [4] In 1856, Shaw was one of a dozen editors who met in Decatur to help found the Republication Party in Illinois. Abraham Lincoln was at the meeting [4] as the group's legal adviser. [6] Shaw then helped organize the Bloomington Convention [7] and at the event was a member of the resolutions committee. [4] Shaw also went on to cover and report on the Lincoln–Douglas debates. [7] Decades later B. F. Printing Company was incorporated on July 2, 1891. At that time, B. F. Shaw's only son Eustace Shaw became managing editor and publisher. He helped run the business until his sudden death on September 5, 1902. [3] He was 45 years old. [4]

Three years prior Eustace Shaw was wed to Mabel S. Shaw, and the couple had three sons together. [8] Immediately upon his death Mabel S. Shaw came to work at the paper. [4] B. F. Shaw died suddenly on September 18, 1909. [3] [7] After his death, Mabel S. Shaw assumed management of company [4] and served as its president. [8] She was known for her personal attention to detail, business acumen [8] and became known as "The First Lady" of midwestern journalism. [9] In her life time the business grew to encompass six daily and one weekly newspaper in Illinois and Iowa, along with the Dixon Publishing company, which was a large commercial printing firm. [10] The company had 500 employees in total. [8] In the 1930s, she incorporated the company and transferred ownership of the company to family trust, with the trustees being her children. [6] [11] Mabel S. Shaw died in 1955. [10] Six decades later, B. F. Shaw's great-great grandson Tom Shaw in 2011 said: “She was the one that ultimately really had a vision and laid the framework for the company to be here today." [6] The Illinois Press Association in 1994 created the Mabel S. Shaw trophy awarded annual in her honor. [12]

The company remained relatively static after Mabel S. Shaw’s death until another period of expansion in the 1980s. Over time the family-controlled company moved toward a professional management structure. Due to the Great Recession in the United States, the company consolidated operations and outsourced printing to a third-party. Jobs were eliminated and the total workforce dropped by 15%. [6] In 2010, the company changed its name from Shaw Newspapers to Shaw Media. [13] By 2013, the company owned 35 Illinois newspapers and a handful of publications in Iowa. Around that time a group of minority owners with a 35% ownership stake sued the family members who owned the remaining 65% stake over alleged mismanagement of the company. [11] The lawsuit was settled in 2014 and the minority owners were bought out for $5.25 million. [14]

Acquisitions

Shaw purchased the Newton Daily News in 1944, [15] Creston News Advertiser in 1946, [16] Woodstock Daily Sentinel in 1948, [17] Kane County Chronicle in 1988 [18] and The Daily Gazette of Sterling in 1995 from Thomson Corporation. [19]

In 2005, the company acquired Lakeland Media, publisher of 12 weekly newspapers in Lake County, and reorganized the papers under its subsidy NorthWest News Group. [20] The company purchased the Osceola Sentinel-Tribune in 2006, [21] El Conquistador in 2006 [22] the Daily Chronicle from Lee Enterprises in 2007, [23] and Suburban Life Publications, a group of 22 weekly newspapers in Chicago's western suburbs, from GateHouse Media in 2012. [24]

Shaw Media purchased The Herald-News from Sun-Times Media in 2013; [25] The Fontanelle Observer and Adair County Free Press in 2017, [21] The Ottawa Times from Small Newspaper Group in 2018; [26] and the La SalleNewsTribune and Indiana Agri-News in 2019. [27]

In 2023, Shaw Media acquired Studstill Media in Peru, Illinois and their eight radio stations (WALS, WBZG, WGLC-FM, WIVQ, WSPL, WSTQ (FM), and WYYS) for $1.8 million. The sale marked Shaw Media's launch into radio and digital media, whereas previously, they exclusively owned newspapers. [28] On April 3, 2023, Shaw Media officially assumed ownership of Studstill Media under the name Shaw Local Radio. [29]

In March 2024, Shaw Media further expanded its radio presence by acquiring NRG Media, which included stations in Dixon, Illinois: WIXN-AM/FM 1460/95.1 (news and information), WRCV-FM 101.7 (River Country 101.7 - Country music), and WSEY-FM 95.7 (Sky 95.7 - Adult contemporary). [30] In October 2024, the company purchased the Daily Journal. [31]

Other properties

In 1981, B. F. Shaw Printing Co. created a subsidy called Shaw Media Group, which managed the Daily Sentinel of Woodstock and its newspapers in McHenry County, Illinois. [32] Two years later Shaw Media Group merged with the Free Press Newspaper Group, owned by Free Press, Inc. The new company was named Shaw / Free Press Media. [33]

Shaw Media and the Daily Herald announced in spring 2014 the launch of a new Chicago Football magazine led by veteran football analyst Hub Arkush. [34] [35] The magazine subsequently merged with the re-launched Pro Football Weekly . [36]

On December 18, 2020, they launched Shaw Local, a digital news platform covering northern Illinois. [37]

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References

  1. ↑ Marek, Lynne (May 2, 2013). "Shaw Media names Rung president". Crain's Chicago Business . Retrieved December 3, 2018.
  2. ↑ "Shaw Media". Shaw Media. Archived from the original on October 22, 2010. Retrieved April 1, 2016.
  3. 1 2 3 4 5 6 "Dixon Is Shocked By Death Of Editor B. F. Shaw". Dixon Evening Telegraph. September 20, 1909. p. 1.
  4. 1 2 3 4 5 6 7 8 9 Shaw, George B. (May 1, 1951). "Dixon's First Newspaper Enters Second 100 Years of Progress". Dixon Evening Telegraph. p. 23.
  5. 1 2 "Telegraph in its 125th year in business here". Dixon Evening Telegraph. February 28, 1976. p. 36.
  6. 1 2 3 4 Steen, Margaret (January 4, 2011). "Making headlines since 1851". Family Business Magazine. Retrieved October 13, 2024.
  7. 1 2 3 "B. F. Shaw Dead". The Weekly Pantagraph. September 24, 1909. p. 8.
  8. 1 2 3 4 "Mabel S. Shaw, President of McHenry Publishing Company, Dies; Outstanding In Midwest Journalism". The McHenry Plaindealer. March 10, 1955. p. 1.
  9. ↑ Coughlin, Cliff (May 1, 1951). "Mabel S. Shaw Central Figure In News World". Dixon Evening Telegraph. p. 1.
  10. 1 2 "Mrs. Mabel Shaw". The Rock Island Argus. March 12, 1955. p. 4.
  11. 1 2 Marek, Lynne (November 30, 2013). "A family fights over the future" . Crain's Chicago Business.
  12. ↑ "Northwest Herald takes top daily press award". Northwest Herald. September 16, 1995. p. 7.
  13. ↑ "Shaw Newspapers to become Shaw Media". St. Charles Kane County Chronicle. September 14, 2010. p. 16.
  14. ↑ Marek, Lynne (January 8, 2014). "Shaw Media family settles; suit against Northern Trust goes to trial" . Crain's Chicago Business. Retrieved October 12, 2024.
  15. ↑ "Newton Daily News Is Sold to Publisher of Paper at Dixon, Ill". The Daily Times. June 2, 1944. p. 6.
  16. ↑ "Creston Paper to Illinois Publishers". The Daily Nonpareil. October 31, 1946. p. 2.
  17. ↑ "County Daily Paper Sold to Dixon Publisher". The McHenry Plaindealer. July 29, 1948. p. 1.
  18. ↑ Storch, Charles (November 3, 1988). "Dixon Publisher B.F. Shaw buys papers in Kane County". Chicago Tribune. p. 42.
  19. ↑ "Shaw Newspapers will buy Sterling daily". Northwest Herald. July 12, 1995. p. 17.
  20. ↑ "Shaw to acquire Lakeland Media". Northwest Herald. November 24, 2005. p. 33.
  21. 1 2 "Creston News Advertiser publisher ends newspaper career". Creston News Advertiser. May 25, 2021. Retrieved October 13, 2024.
  22. ↑ Tita, Bob (January 20, 2006). "Shaw Newspapers buys El Conquistador". Crain's Chicago Business. Retrieved October 24, 2024.
  23. ↑ "Shaw adds DeKalb papers". Northwest Herald. December 5, 2007. p. 40.
  24. ↑ "Shaw Media announces acquisition of suburban Life Publications". Newton Daily News. October 1, 2012. Retrieved October 6, 2024.
  25. ↑ "Shaw Media to purchase The Herald-News". Shaw Local. December 23, 2013. Retrieved October 6, 2024.
  26. ↑ "Shaw Media to buy Ottawa Times from Small Newspapers". Associated Press. March 21, 2018. Retrieved October 13, 2024.
  27. ↑ "Illinois Daily NewsTribune, Agri-News to Be Sold to Shaw Media". Cribb, Greene & Potts. September 1, 2019. Retrieved December 16, 2024.
  28. ↑ Shaw Local News Network. "Studstill announces sale of 8 radio stations to Shaw Media". Shaw Local. Shaw Media Local.
  29. ↑ Barichello, David (March 4, 2023). "Shaw Local Radio completes purchase of 8 radio stations". Shaw Local. Shaw Media. Retrieved October 5, 2024.
  30. ↑ "NRG Sells Three Illinois Stations To Shaw Media For $950,000". Insideradio.com. March 7, 2024. Retrieved September 23, 2024.
  31. ↑ "Daily Journal sold to Shaw Media". The Daily Journal. October 23, 2024. Retrieved October 24, 2024.
  32. ↑ "Sentinel changes format, appearance". The Daily Sentinel. Woodstock, Illinois. January 24, 1981. p. 1. Retrieved January 2, 2025– via Newspapers.com.
  33. ↑ "Shaw, Free Press announce merger". The Herald. July 6, 1983. p. 1.
  34. ↑ "Chicago Football sports media franchise launches". Shaw Local. March 17, 2014. Retrieved April 1, 2016.
  35. ↑ "Hub Arkush & Daily Herald To Publish New 'Chicago Football' Magazine". Chicagoland Radio and Media. March 17, 2014. Archived from the original on March 20, 2014. Retrieved April 1, 2016.
  36. ↑ Chicago, Pro Football Weekly. "Pro Football Weekly: Chicago". Google Podcasts. Retrieved March 25, 2021.
  37. ↑ Mateos, Evelyn (March 18, 2021). "Shaw Media Creates Digital News Network for Northern Illinois". Editor and Publisher. Retrieved March 25, 2021.
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