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Article: The New York Times Company to Sell TimesDaily to Shelton Family, Publishers of The Decatur Daily.
- Article from:
- Business Wire
- Article date:
- March 24, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- The New York Times Company has entered into an agreement to sell the TimesDaily and TimesDaily.com, located in Florence, Ala., to the Tennessee Valley Printing Company, Inc., which publishes The Decatur Daily in nearby Decatur, Ala., and is owned by the Shelton Family. The TimesDaily, which is part of the Company's Regional Media Group, has daily circulation of 27,785 and Sunday circulation of 29,171.
"The TimesDaily is an outstanding newspaper with very talented employees," said Janet L. Robinson, president and CEO of The New York Times Company. "The Shelton family knows Florence well and values the role the TimesDaily plays in the community."
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