Morgan Hill Times
| Type | Weekly newspaper |
|---|---|
| Owner(s) | Metro Newspapers |
| Editor | Michael Moore |
| Founded | 1895 |
| Language | English |
| Headquarters | Morgan Hill, California |
| Sister newspapers | Gilroy Dispatch, Hollister Free Lance |
| Website |
www |
The Morgan Hill Times is a weekly newspaper in Morgan Hill, California. It is Morgan Hill’s oldest continually operating business, tracing its history back to the Morgan Hill Sun, founded by George Edes on April 12, 1894.[1]
History
A dozen years after its founding, a second paper, The Times, was began publishing. Shortly thereafter, the two papers were combined under the name of The Sun-Times. Following the turn of the century, The Sun was dropped from the name and the paper has continued as the Morgan Hill Times to the present.[2] The Morgan Hill Times was purchased by The McClatchy Company on July 1, 1979 from Welton L. Pollard. In 1996, McClatchy announced it was selling its South Valley newspapers. The company would “no longer own small newspapers unless they are in markets adjacent to their large papers," Publisher Paula Mabry said.[3] On February 28, 1997, McClatchy sold the Dispatch, along with the Hollister Free Lance, the Morgan Hill Times and the Amador Ledger, for $6.7 million to Independent Newspapers Ltd. of New Zealand. McClatchy’s filing with the U.S. Security and Exchange Commission reported a combined daily circulation of approximately 10,150, weekly circulation of 12,800 and $7.5 million in annual revenues for the year preceding the sale.[4] Independent’s largest shareholder was Australia-based News Ltd., controlled by billionaire publisher Rupert Murdoch.[5] The New Zealand group sold the papers in 1998 to Central Valley Publishing Holdings, Inc., an operator of 30 small market papers that was based in Festus, Missouri.[6] Michigan publishers Anthony Allegretti and Steve Staloch gained control of Central Valley's assets in a 2004 private equity-backed management buyout, assembling a group that included community newspapers in San Diego County, Santa Cruz and California's Central Valley. [7] The Times and its sister papers were acquired by the Mainstreet Media Group, LLC from Pacific Sierra Publishing Company in 2004.[8][9]
In 2014, MainStreet sold its Bay Area papers, including the Morgan Hill Times and Gilroy Dispatch, to Metro Newspapers.[10]
References
- ↑ Knopf, Janie (2006). "Centennial History Trail" (Word document). Morgan Hill Historical Society. Retrieved March 21, 2014.
- ↑ "About Us". Morgan Hill Times. 2014. Retrieved March 21, 2014.
- ↑ "McClatchy Newspapers Inc. to Sell Three Gavilan Newspapers". Gilroy Dispatch / Knight Ridder/Tribune Business News. August 5, 1996. Retrieved June 8, 2015.
- ↑ "The McClatchy Company Form 10-K Annual Report". mcclatchy.com. Security and Exchange Commission. Mar 30, 1998. Retrieved April 21, 2014.
- ↑ Yewell, John (July 16, 1998). "Murdoch Era Ends at Good Times". Metroactive.com. Metro Santa Cruz. Retrieved April 21, 2014.
- ↑ "Company Overview of Central Valley Publishing Holdings, Inc.". Businessweek.com. Bloomberg Business Week. Retrieved April 21, 2014.
- ↑ "Management Buyout Leads to New Company". dirksvanessen.com. Dirks, Van Essen & Murray. January 1, 2004. Retrieved April 21, 2014.
- ↑ "About Us". Morgan Hill Times. 2014. Retrieved March 21, 2014.
- ↑ Balkovek, G. (1973). History of the Morgan Hill Times and San Martin News. Master's Thesis, San Jose State University.
- ↑ Metro Newspapers buys weeklies in Santa Cruz, Gilroy, Morgan Hill and Hollister