We want to make you aware that Newcastle Investment Corp. announced today that the spin-off of New Media Investment Group Inc. was successfully completed.
The Rockford Register Star's parent company, GateHouse Media, is now a wholly owned subsidiary of this newly public company, New Media Investment Group. We will continue to be an integral part of the community, as we have been for so many years. And we will continue to bring the community rich, local news and information and remain the center of the conversation among businesses and citizens.
In addition to our newspaper, New Media Investment Group's portfolio consists of 435 community publications, over 350 related websites and a digital marketing services business. New Media Investment Group is the largest publisher of locally based print and online media in the U.S., as measured by the number of daily publications serving 338 markets across 24 states.
Starting today, New Media Investment Group will begin trading on the New York Stock Exchange under the symbol "NEWM."
You can learn more about New Media Investment Group at newmediainv.com.
- Josh Trust, publisher
Letter from Rockford Register Star Publisher Josh Trust - News - Rockford Register Star - Rockford, IL
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