Mary Ann Milbourn IRVINE, Calif. — Freedom Communications Inc. has agreed to sell its television division to Maryland-based Sinclair Broadcast Group Inc. It’s a $385 million deal that will leave the company and its newspapers free of debt, Freedom announced Wednesday. Freedom newspapers include the Clovis News Journal, Portales News-Tribune and Quay County Sun. The [...]
IRVINE, CA, June 29, 2010 – Freedom Communications announced today that Mitchell Stern has been named President and Chief Executive Officer. Mr. Stern, a member of the Freedom Board of Directors, previously served as President and Chief Executive Officer of DirecTV U.S.
By Mary Ann Milbourne: Freedom News Service James D. Dunning Jr. is the new chairman of Irvine, California-based Freedom Communications Inc., owner of the Clovis News Journal, Portales News-Tribune and Quay County Sun. He brings broad media experience ranging from being former president and chief financial officer of Rolling Stone to chief executive of Ziff [...]
By Mary Ann Milbourn: Freedom News Service IRVINE, Calif. — Freedom Communications Inc., parent company of the Quay County Sun, announced Friday it has emerged from bankruptcy reorganization. The emergence from Chapter 11 bankruptcy relieves Freedom of $450 million in debt, but it brings an end to the family ownership of a media chain that [...]
IRVINE, Calif. — Jon Segal, president of Freedom Communications’ newspaper division, is retiring on June 30, according to a company newsletter. Freedom is the parent company of the Clovis News Journal, Portales News-Tribune and Quay County Sun. Segal’s career began more than 40 years ago as a high school student in the circulation department of [...]
IRVINE, Calif. — Freedom Communications, Inc., parent company of the Quay County Sun, on Wednesday named independent director and media veteran Burl Osborne as its Interim CEO. He replaces Scott Flanders who resigned to take the CEO post at Playboy Enterprises, Inc. Osborne has served on Freedom’s Board of Directors since May 2004. He was [...]
Freedom New Mexico IRVINE, Calif. — Faced with continuing industry weakness in advertising spending, Freedom Communications Inc., parent company of Freedom New Mexico, announced on Friday a company-wide furlough program. Hourly and salaried associates at all levels of the company will take five days off work, without pay, between April 1 and June 30. “We [...]