OLD Media Moves

Two Texas business journals sold to Scripps

January 9, 2006

Newspaper chain E. W. Scripps Co. has acquired two bi-weekly business journals in Texas. They are the The Business Journal of Corpus Christi and The Business Times of the Rio Grande Valley. Scripps also owns the daily newspaper in Corpus Christi.

The two business journals reach about 26,000 business people in each market. The Business Journal, founded in 2003, has seven employees. The Business Times, founded in 2004 and headquartered in Brownsville, has five and serves all of the Rio Grande Valley. Each is published every other week.

At one time, newspaper chain Scripps-Howard owned some weekly business newspapers, but I can’t find any mention of what happened to them on the company web site.

American City Business Journals, which is the largest owner of business newspapers, runs the business weeklies in Austin, Dallas, Houston and San Antonio in Texas.

The story announcing the deal can be found here in the Corpus Christi Caller-Times. Note that to read the entire story, you have to register with the Web site.

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