Gatehouse media

OKLAHOMA CITY — New York-based GateHouse Media has purchased Oklahoma Media Co. in a sale expected to close Monday, according to a story on NewsOK.com, The Oklahoman newspaper’s website.

The amount of the sale is undisclosed, according to a news story on the site.

Publisher Chris Reen announced the sale to staff Thursday. Terms have not been disclosed. 

Reen says some layoffs would happen to help stabilize financial operations for Oklahoma City's only daily newspaper. Reen says he will be leaving his position as publisher but will be staying with The Anschutz Corp., owned by Denver businessman Philip Anschutz, which bought The Oklahoman in 2011.

Jim Hopson of GateHouse will be the interim publisher. The newsroom is expected to remain focused on publishing news and editorials for a company that promotes local operation, according to Editor Kelly Dyer Fry in the NewsOK.com article.

GateHouse CEO Kirk Davis says he is enthusiastic about the purchase and that Gatehouse also owns Oklahoma City business publication The Journal Record.

The Oklahoma Publishing Company will separately continue its operations in hospitality, food manufacturing, mineral rights and development, transportation and real estate, according to Gary Pierson, president and CEO.

GateHouse Media is one of the largest publishers of locally based media in the U.S., according to its website. As of August, GateHouse was publishing 145 daily newspapers, 340 community publications and more than 570 websites in 37 states, reaching more than 23 million people weekly.

Other newspapers acquired this year by GateHouse include the Akron, Ohio, Beacon Journal; the Austin, Texas, American-Statesman; the Gardner, Mass., News; and the Palm Beach, Fla., Post and Daily News, the Eugene, Ore., Register-Guard; and the Holden, Mass., Landmark Corp, according to the GateHouse website.

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News & Eagle staff and the Associated Press contributed to this story.

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