Portland Press Herald is a daily newspaper in Portland, Maine, USA covering local news, sports, business, jobs, and community events. The newspaper is published seven days a week. It is one of the worst American media outlets, according to Mondo Times members. The Portland Press Herald began publication in 1862 on Congress Street. To this day, its offices remain in the Gannett Building on the corner of Congress and Exchange Streets, near the Old Port section of the city of Portland. It has a Sunday edition called Maine Sunday Telegram. Circulation: 59,009 copies This newspaper is owned by MaineToday Media Inc.. The web site is presented in the English language.
| Portland Press Herald Ratings |
Content:
Poor (3 votes)
Political Bias: Leans Left (3 votes)
Credibility: Low (3 votes)
|
|
| Portland Press Herald Reviews & Comments | Comments to date: 1. The most recent comments are below.
| |
Mondo Times editors Boulder Colorado USA | Posted at 8:36pm on Tuesday, June 16th, 2009 | The Seattle Times Company has sold the Portland Press Herald and the rest of the Blethen Maine newspapers to a group led by Bangor native Richard L. Connor, the Press Herald reported on June 16, 2009. Connor is editor and publisher of the Times Leader in Wilkes-Barre, Pennsylvania:
"An investment group led by Bangor native Richard L. Connor purchased the Portland Press Herald/Maine Sunday Telegram on Monday, vowing "a business strategy" that will "further strengthen" the newspaper.
The sale caps a 15-month effort by the debt-laden Seattle Times Co. to sell its media holdings in Maine. The purchase by Connor's group, MaineToday Media Inc., includes the Kennebec Journal in Augusta and the Morning Sentinel in Waterville, the MaineToday Web sites and niche print publications. Together they employ roughly 500 people.
Connor, who will serve as editor and publisher of all three daily newspapers in the purchase, believes that if the papers are not profitable immediately, they will be by the end of the year.
"I've known these papers my entire life and understand their considerable value as critical information sources within their communities and throughout the state," Connor said in a news release announcing the sale. "Importantly, we have developed a business strategy through which we expect to further strengthen the papers and MaineToday.com for the benefit of our readers and advertisers."
The sale price was not disclosed, although analysts have speculated that it's a fraction of the estimated $230 million that The Seattle Times Co. paid for the properties 11 years ago.
"It's one of the sadder days of my career," said Frank A. Blethen, Seattle Times publisher and chief executive officer. "Given what's happened in the economy, it just became very important to us to get focused on Washington state."
The full story:
http://pressherald.mainetoday.com/story.php?id=262467
|
Write a Portland Press Herald review! Log in now if you are a Mondo Times member. If you are not a member, register for a free Mondo Times basic membership. |
|
Portland Press Herald home page
Report broken link
Update profile
