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Stephens Media LLC is a Las Vegas, Nevada, diversified media investment company. It owns stakes in the California Newspapers Partnership and the ''Northwest Arkansas Democrat Gazette''. On February 19, 2015, the (company announced it had sold its Stephens Media newspapers ) to the New Media Investment Group, a publicly traded company based in New York for $102.5 million in cash. The big prize in the package is the daily Las Vegas Review-Journal, once one of the country's most profitable, but wracked in recent years in part by an economic downturn in the city. New Media had earlier bought Halifax Media, partially owned by Stephens. The newspapers sold are what remain of the Donrey Media empire begun in Fort Smith by Donald W. Reynolds and sold by his estate in 1993 to the Stephens family — now Warren Stephens and his cousins Witt Stephens Jr. and Elizabeth Stephens Campbell — for about $800 million. They've parceled off billboard and broadcast and other newspapers over the years, as well as operating them profitably for a number of years before the Internet began taking a major toll on print. The gossip always was that the Stephenses paid off the purchase price with profits in the early years: (Warren Stephens, CEO of Stephens Inc., told reporters that the investment was one of the best they'd ever made and an outstanding return on investment ). The company had been expanding its interactive Internet business, operating online sites for its newspapers and portal sites like LasVegas.com, which is licensed to Greenspun Media Group. The company is also a partner in the California Newspapers Partnership with MediaNews and Gannett. The company also formed, in November 2009, a joint venture with WEHCO Media, Inc., in Arkansas. On November 28, 2010, Stephens Media Iowa, LLC, a subsidiary of Stephens Media, acquired several newspapers, including the ''Ames Tribune'', ''Boone News-Republican'', ''Dallas County News'', ''Nevada Journal'', ''Ames About People & Advertiser'', ''Tri-County Times'', and ''Algona Upper Des Moines'' from Midlands Newspapers, Inc., a subsidiary of the Omaha World-Herald Company. ==History== The company was formerly called Donrey Media Group, which was founded by Arkansas media mogul Donald W. Reynolds and based in Fort Smith, Arkansas. After Reynolds died in 1993 at the age of 86, the company was sold to the Stephens family of Arkansas, known for their Little Rock investment banking business Stephens Inc. Some of Donrey's properties were sold off, and the company moved its headquarters to Las Vegas, Nevada, home of its largest newspaper, the ''Las Vegas Review-Journal''. The company was renamed Stephens Media Group in 2002. In June 2006, the company became known as Stephens Media LLC. The company has no connection with Stephens Media Group, a radio broadcasting company in Tulsa, Oklahoma. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Stephens Media (newspapers)」の詳細全文を読む スポンサード リンク
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