News. The family-owned IT-broadband group Schurz Communications is selling to GateHouse Media 10 daily newspapers, which include the highly attractive college towns of South Bend, Indiana (The South Bend Tribune) and Bloomington, Indiana (Herald-Times), for a price of $30m. The group has average daily circulation of 105k, Sunday circulation of 94k, 4m website uniques, and 300,000 social media followers. Additionally, it has nine weekly and fourteen other community publications with aggregate weekly circulation of 250k, spanning Indiana, South Dakota, Maryland, Michigan, and Pennsylvania. The acquisitive GateHouse Media’s New Media Investment has 145 daily newspapers, 325 community publications and more than 555 local websites that reach more than 23 million people each week in 37 US states.
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GateHouse buys Schurz papers for $30m
