OLD Media Moves

Business journal sold to new owners

May 30, 2006

The Business Journal of Tri-Cities Tennessee/Southwest Virginia has been sold to Mountaineer Publishing Co. of Waynesville, N.C., effective June 1.

In addition to The Mountaineer and The Biltmore Beacon, general circulation newspapers respectively serving Waynesville and Asheville, Mountaineer Publishing Co. owns and operates several full-color, glossy specialty magazines and publications in western North Carolina.

Tri-Cities Business JournalThe Business Journal was founded in 1988 by Greeneville, Tenn.-based Jones Media, Inc., which publishes The Greeneville Sun, The Rogersville Review and several other general circulation newspapers and special-interest products in East Tennessee and western North Carolina.

Jeff Schumacher, general manager of Mountaineer Publishing, will serve as interim publisher of The Business Journal until a new publisher is named.

Ellen Myatt, who has been The Business Journal’s publisher since 1997, will continue with Jones Media and become publisher of The Rogersville Review in Rogersville, Tenn. All other personnel of The Business Journal will be retained by the new owner.

Read more here.

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