Stephens Media Newspapers Changes Ownership and Future Plans

Stephens Media was sold to Clarity Media Group in 2006, a company founded by Philip Anschutz.

The sale marked a significant shift in ownership for Stephens Media, which had previously been a family-owned business.

Clarity Media Group would go on to acquire several more newspapers, expanding its reach and influence.

Under new ownership, Stephens Media continued to operate its publications, including the Las Vegas Review-Journal, which was acquired by Clarity Media Group in 2015.

Recommended read: Moore Stephens V Stone Rolls Ltd (in Liq)

Stephens Media, a Nevada-based company, acquired The Ames Tribune, a newspaper previously owned by Midland Newspapers Inc., which is a subsidiary of the Omaha World-Herald.

The purchase also included several other area newspapers, including the Boone News-Republican, the Nevada Journal, the Tri-County Times, and the Dallas County News.

The Tribune announced the hiring of a new publisher, Tom Stallbaumer, who is 51 years old and was previously the publisher of the Morning News in Springdale, Ark.

A unique perspective: Sierra Nevada Brewing Company

Employees of all purchased newspapers will keep their jobs, and publication and distribution will not change.

Tom Stallbaumer said he was excited to get back into the Iowa newspaper community, as he used to own the Oskaloosa Herald, where he was publisher, and the Clinton Herald.

The Omaha World-Herald Chief Executive Officer, Terry Kroeger, wrote that his company was "fortunate" to have worked with The Tribune and other area newspapers.

Here are the newspapers purchased by Stephens Media:

Stephens Media has made some significant acquisitions in recent years, and it's worth taking a closer look at what they've added to their portfolio.

In 2015, New Media Investment Group Inc. acquired Stephens Media for $102.5 million in cash, subject to working capital adjustments. This deal included The Daily Herald in Columbia, which has a strong community focus and a solid readership base.

New Media plans to fund the acquisition with cash on their balance sheet and available capacity under their credit facility. They're excited to welcome Stephens Media into their family and introduce new digital initiatives, such as Propel and BestRide, into their markets.

Discover more: Stephens Inc.

Stephens Media has also made other notable acquisitions, including the Ames Tribune and several other area newspapers. The Tribune was previously owned by Midland Newspapers Inc., a subsidiary of the Omaha World-Herald.

The acquisition included the hiring of a new publisher, Tom Stallbaumer, who will oversee all of the purchased newspapers. Stallbaumer is a seasoned publisher with a strong track record, and he's excited to get back into the Iowa newspaper community.

Here are some of the newspapers that have been acquired by Stephens Media: