Copley Press: Difference between revisions
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== Sales of Copley News Service, Papers and Other Properties == |
== Sales of Copley News Service, Papers and Other Properties == |
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Copley |
Copley Press has been divesting itself of many of its assets in recent years, including newspapers it long owned in the Midwest. In December 2007, the ''Union-Tribune'' reported that Copley Press was selling La Casa del Zorro, a resort it owned in [[Borrego Springs]]. Copley News Service was sold to [[Creators Syndicate]] for an undisclosed price, and renamed Creators News Service, on 1 July 2008. |
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⚫ | In late July 2008, the company announced it was seeking buyers for its flagship paper, the ''San Diego Union-Tribune'', as well as several other businesses, such as ''Enlace'', a free Spanish-language tabloid, and SignOnSanDiego.com, the online arm of the U-T.<ref name=utarticle>[http://www.signonsandiego.com/news/metro/20080725-0014-7n25utnews.html "Sale of U-T explored by Copley Press," San Diego Union-Tribune, July 25, 2008; by David Hasemyer].</ref> The announcement did not make clear what, if anything, would be left in the Copley Press name. [[Platinum Equity]] agreed in March 2009 to purchase the ''Union-Tribune'' for an unspecified sum.<ref name="utpe">Hsu, Tiffany and Tony Perry. "[http://www.latimes.com/business/la-fi-sdunion19-2009mar19,0,3235358.story Platinum Equity to Acquire San Diego Union-Tribune]." ''[[Los Angeles Times]]'', 19 March 2009.</ref> Copley Press is working with Evercore Partners, the same company that helped it sell off other business units, to determine a price for the assets. The lack of advertising dollars was cited as the reason for the sale.<ref name=utarticle/> |
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Copley Press has been divesting itself of many of its assets in recent years, including newspapers it long owned in the Midwest. In December, the Union-Tribune reported The Copley Press was selling La Casa del Zorro, a resort it owned in [[Borrego Springs]]. |
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Copley Press continues to publish Today's Local News, a twice-a-week newspaper, in certain areas of North County. It also publishes the Borrego Sun, a twice-monthly newspaper in Borrego Springs. |
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⚫ | In late July 2008, the company announced it was seeking buyers for its flagship paper, the San Diego Union-Tribune, as well as several other businesses, such as Enlace, a free Spanish-language tabloid, and SignOnSanDiego.com, the online arm of the U-T.<ref name=utarticle>[http://www.signonsandiego.com/news/metro/20080725-0014-7n25utnews.html "Sale of U-T explored by Copley Press," San Diego Union-Tribune, July 25, 2008; by David Hasemyer].</ref> The announcement did not make clear what, if anything, would be left in the Copley Press name. |
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Copley Press is working with Evercore Partners, the same company that helped it sell off other business units, to determine a price for the assets.<ref name=utarticle/> |
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The lack of advertising dollars was cited as the reason for the sale.<ref name=utarticle/> |
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== Publishers == |
== Publishers == |
Revision as of 07:00, 20 March 2009
Copley Press is a privately held newspaper business, originally founded in Illinois, but now based in La Jolla, California. As of 2007[update], it publishes 2 daily, 1 weekly, and 1 bi-weekly newspaper. It was formerly the owner of KCOP Television in Los Angeles.
Pulitzer Prizes
- 2006 National Reporting: Copley News Service and The San Diego Union-Tribune (with notable work by Marcus Stern and Jerry Kammer), for their disclosure of bribe-taking that sent former Rep. Randy Cunningham to prison in disgrace[1][2]
Additionally, the San Diego Evening Tribune, predecessor of its flagship newspaper Union-Tribune, won Pulitzer Prizes in 1987 and 1979.
Allegations of collaboration with CIA and FBI
In the late 1970s, reports began surfacing in the American media that the Copley Press was being used as a front by the Central Intelligence Agency. Reporters Joe Trento and Dave Roman claimed that James S. Copley, who served as publisher until 1973, had cooperated with the CIA since its founding in 1947. They also reported that a subsidiary division, Copley News Service, was used in Latin America by the CIA as a front. Further, they said that reporters at the Copley-owned San Diego Union and Evening News spied on antiwar protesters for the FBI. They alleged that at the height of these operations, at least two dozen Copley employees were simultaneously working for the CIA. James S. Copley was also accused of involvement in the CIA-funded Inter-American Press Association.[3][4][5][6]
Sales of Copley News Service, Papers and Other Properties
Copley Press has been divesting itself of many of its assets in recent years, including newspapers it long owned in the Midwest. In December 2007, the Union-Tribune reported that Copley Press was selling La Casa del Zorro, a resort it owned in Borrego Springs. Copley News Service was sold to Creators Syndicate for an undisclosed price, and renamed Creators News Service, on 1 July 2008.
In late July 2008, the company announced it was seeking buyers for its flagship paper, the San Diego Union-Tribune, as well as several other businesses, such as Enlace, a free Spanish-language tabloid, and SignOnSanDiego.com, the online arm of the U-T.[7] The announcement did not make clear what, if anything, would be left in the Copley Press name. Platinum Equity agreed in March 2009 to purchase the Union-Tribune for an unspecified sum.[8] Copley Press is working with Evercore Partners, the same company that helped it sell off other business units, to determine a price for the assets. The lack of advertising dollars was cited as the reason for the sale.[7]
Publishers
- Ira Clifton Copley — founder
- James S. Copley — 1947–1973
- Helen K. Copley — 1973–2001
- David C. Copley — 2001 to present
Newspapers Published
- The San Diego Union-Tribune — http://www.signonsandiego.com/
- Today's Local News (north San Diego County) — http://www.todayslocalnews.com/
- Enlace — http://www.mienlace.com/
- The Borrego Sun
External links
References
- ^ "U-T, Copley News win Pulitzer Prize", The San Diego Union-Tribune, 2006-04-18 by Jeff McDonald
- ^ 2006 Pulitzer Prize National Reporting
- ^ Trento, Joseph, The Secret History of the CIA, Forum Press, 2001
- ^ Trento, Joseph, Prelude to Terror—The Rogue CIA and the Legacy of America's Private Intelligence Network, Carroll & Graf, 2005
- ^ Brandt, Daniel, "Journalism and the CIA: The Mighty Wurlitzer", NameBase NewsLine, No. 17, April-June 1997
- ^ Neoconservatism: a CIA Front?, The Rothbard-Rockwell Report, 1997
- ^ a b "Sale of U-T explored by Copley Press," San Diego Union-Tribune, July 25, 2008; by David Hasemyer.
- ^ Hsu, Tiffany and Tony Perry. "Platinum Equity to Acquire San Diego Union-Tribune." Los Angeles Times, 19 March 2009.