Halifax moves to add to its media properties


Published: Thursday, August 29, 2013 at 1:30 p.m.
Last Modified: Thursday, August 29, 2013 at 3:35 p.m.

Halifax Media Group, the parent company of The Gainesville Sun, is in the process of buying three Central Florida newspapers from HarborPoint Media.

The companies entered a letter of intent for Halifax to acquire the Daily Commercial of Leesburg, the News-Sun of Sebring and the South Lake Press of Clermont.

The deal is expected to close by Sept. 30. Terms were not disclosed.

In a news release, Halifax CEO Michael Redding noted the newspapers’ proximity to Halifax’s existing publications in Daytona Beach, Ocala and Lakeland.

“These Central Florida markets are positioned in the heart of our Florida footprint. We know these markets and the publications,” he said.

Halifax was founded in 2010 and acquired the News-Journal of Daytona Beach. Since then, it was grown to 33 newspapers and affiliated websites in five Southeastern states. It acquired the 16 newspapers in the New York Times Regional Media Group in January 2012, including The Gainesville Sun and Ocala Star-Banner, and that June acquired eight daily and 11 weekly newspapers in the Florida Panhandle and North Carolina from Freedom Communications. In November 2012, Halifax sold the Santa Rosa (Calif.) Press Democrat, which it had acquired in the New York Times deal.

Halifax’s investment group includes Stephens Capital Partners, JAARSSS Media and Redding Investments.

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