- Community Newspaper Holdings
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Community Newspaper Holdings, Inc. Type Private Industry Advertising sales Founded 1997 Headquarters Birmingham, Alabama, USA Key people George Wakefield, Chairman
Donna J. Barrett, President and Chief Executive Officer
Lynn Pearson , Chief Financial OfficerProducts Newspapers Revenue 
$520 million USD (2009)Employees 6,501 (2007) Website http://www.cnhi.com/ Community Newspaper Holdings, Inc.(CNHI) is a publisher of newspapers and advertising-related publications throughout the eastern part of the United States. The company was formed in 1997 by Ralph Martin[1], and is based in Birmingham, Alabama. The company is financed by the Retirement Systems of Alabama.
The company has been formed by acquisitions. It started by acquiring many of the smaller former Park papers from Media General. Two years later, it bought several papers from Hollinger International. In 2000, it acquired another batch of papers from the Thomson Corporation.
As of 2006, CNHI owned 90 daily newspapers and more than 200 non-daily newspapers in 22 states. George Wakefield is CNHI chairman; Donna Barrett is president and CEO. CNHI newspapers are clustered in groups that cross-sell packages to advertisers[1] and occasionally feature shared editorial content.
On June 24, 2010, the company announced that it would relocate its headquarters and about 70 jobs to Montgomery, Alabama, into the RSA Dexter Tower Building when that building is complete in late 2011 or early 2012.[2] Like its current headquarters in Birmingham, the new building will be owned by Retirement Systems of Alabama, which is the principal source of investment funding for CNHI. David Bronner, CEO of the RSA, said the move will be good for the community and the company. The Montgomery Advertiser newspaper reported that Bronner was a key player in the move. With CNHI's Birmingham lease expiring, the decision to bring the company to Montgomery "was something that I strongly suggested," he said, according to the newspaper. The city and Montgomery County offered $300,000 in incentives to pay moving costs for the company.
CNHI newspapers
CNHI tends to purchase smaller, less famous newspapers. Few of its dailies have circulations above 20,000; exceptions include:
- The Eagle-Tribune of North Andover, Massachusetts -- 49,700[3]
- The Tribune-Democrat of Johnstown, Pennsylvania -- 41,200[4]
- The Joplin Globe of Joplin, Missouri -- 30,600[4]
- Cumberland Times-News of Cumberland, Maryland -- 30,200[4]
- The Salem News of Salem, Massachusetts -- 30,000[3]
- The Register-Herald of Beckley, West Virginia -- 28,700[4]
- Tribune-Star of Terre Haute, Indiana -- 27,900[4]
- The Herald Bulletin of Anderson, Indiana -- 24,300[4]
- Kokomo Tribune of Kokomo, Indiana -- 21,900[4]
- Mankato Free Press of Mankato, Minnesota -- 21,700[4]
- The Herald of Sharon, Pennsylvania -- 20,400[4]
- Bluefield Daily Telegraph of Bluefield, West Virginia -- 20,400[4]
References
- ^ a b Company History: Community Newspaper Holdings Inc. at Answers.com (accessed March 31, 2010)
- ^ http://www.ado.alabama.gov/content/media/press/BN.aspx?ID=3360
- ^ a b Audit Bureau of Circulation "eCirc" data for six months ending September 30, 2006. Accessed December 10, 2006. Figures are approximate.
- ^ a b c d e f g h i j CNHI-CAN Circulation, figures for an undetermined date, accessed January 17, 2007. Figures are approximate.
External links
Categories:- Daily newspapers published by Community Newspaper Holdings
- Newspaper companies of the United States
- Media companies of the United States
- Companies based in Birmingham, Alabama
- Publishing companies established in 1997
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