Saturday, October 31, 2009

Newspaper Joint Venture Kicks Off Sunday

The publications of Northwest Arkansas Newspapers LLC — the Northwest Arkansas Times, Springdale Morning News, Rogers Morning News, Benton County Daily Record, Northwest edition of the Arkansas Democrat-Gazette and associated weekly papers — will kick off their new partnership Sunday.

The 50-50 joint venture between Stephens Media LLC and the Arkansas Democrat-Gazette Inc. was announced Sept. 3 after both parties reported revenue losses related to higher newsprint costs and sluggish advertising sales. The partnership follows a decade of head-to-head competition. The Justice Department closed its investigation of the deal Oct. 23, clearing the way to proceed.

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