OLD Media Moves

Central Penn Biz Journal sold to Gatehouse Media

April 13, 2016

Posted by Chris Roush

Central Penn Business JournalThe Central Penn Business Journal will be sold to Gatehouse Media newspaper chain, reports Teresa Bonner of the Patriot News in Harrisburg.

Bonner writes, “The employees were told that Central Penn’s parent company, Journal Multimedia, accepted an offer to sell to Pittsford, N.Y.-based Gatehouse. Gatehouse owns more than 500 newspapers across 31 states. In Pennsylvania, the company owns the Erie Times-News and and The Record-Herald in Waynesboro, among other papers.

“Central Penn Business Journal, based in Harrisburg, is owned by David A. Schankweiler, CEO of Journal Multimedia and publisher of the business journal, and Lawrence M. Kluger, president of Journal MultiMedia.

“The Business Journal has been published for more than 30 years. According to its website, it has a circulation of more than 10,000.”

Read more here.

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