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Hathaway Publishing
Hathaway Publishing is a subsidiary of The Local Media Group Inc., itself a division of Newcastle Investment Corporation. Hathaway publishes five weekly newspapers in the South Coast region of Massachusetts.
== History ==
Owned by the Hathaway family until 1997, the company is now partners with its former competitor, the Ottaway daily ''The Standard-Times'' of New Bedford, Massachusetts.〔Bushnell, Davis. "It's Independents' Day No More." ''The Boston Globe'', December 28, 1997〕 Together, the two companies comprise Ottaway's South Coast Media Group.〔(SouthCoast Media Marketing Guide ), accessed January 10, 2007.〕 William T. Kennedy serves as publisher of both properties, although former owner Warren G. Hathaway is publisher emeritus of the weeklies. Both Hathaway and ''The Standard-Times'' contribute to a regional Website, (SouthCoastToday.com ).
News Corp. acquired Ottaway when it bought parent company Dow Jones & Company for US$5 billion in late 2007. Rupert Murdoch, the head of News Corp., reportedly told investors before the deal that he would be "selling the local newspapers fairly quickly" after the Dow Jones purchase.〔"Ottaway Papers Might Be Sold, Including 16 in N.E.". (''NEPA Bulletin'' (Boston, Mass.), December 2007 ), page 3.〕
On September 4, 2013, News Corp announced that it would sell the Dow Jones Local Media Group to Newcastle Investment Corp.—an affiliate of Fortress Investment Group, for $87 million. The newspapers will be operated by GateHouse Media, a newspaper group owned by Fortress. News Corp. CEO and former ''Wall Street Journal'' editor Robert James Thomson indicated that the newspapers were "not strategically consistent with the emerging portfolio" of the company. GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27, 2013, to restructure its debt obligations in order to accommodate the acquisition.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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