Spotlight Newspapers, the Capital District's award-winning community weeklies, was purchased Oct. 1, by Community Media Group LLC. The transaction includes the sale of The Spotlight's weeklies in 12 communities in the Albany market and the eight Eagle Newspapers weeklies in the Syracuse market, as well as numerous niche publications and Web sites.
The publications had previously been owned by Eagle Media LP. Terms of the transaction were not disclosed.
Community Media Group LLC is a new company made up of three principals: John A. McIntyre Jr. of Ballston Lake, David B. Tyler Jr. of Syracuse and Daniel E. Alexander of Elizabethtown.
Alexander also is owner of Denton Publications, based in Elizabethtown, and principal owner of New Market Press, based in Vermont.
McIntyre will continue in the role of publisher of the weeklies in the Albany market, which he has managed since it was purchased by Eagle Media LP in 1998. Tyler will remain in the role of publisher of the Syracuse group, a position he has held for the past eight months.
These newspapers are important staples in the communities we serve, and we believe this new ownership arrangement will allow us to enhance the quality of the editorial product and create efficiencies that weren't available to us previously, McIntyre said. "Dan Alexander has a long history of running community newspaper companies and his expertise as well as the technological and printing resources Denton Publications bring to the table makes this a win-win."
"It is very clear that the previous owners had a strong affinity for these newspapers and the employees," McIntyre said. "When it became apparent that they were prepared to sell, they sought out an arrangement that put the publications and the employees in the best position to succeed. I can't speak highly enough about the way Eagle Media LP handled this transaction."