Regional newspapers in South Australia and Queensland are altering arms after Australian Group Media bought 14 titles to Star Information Group.
- ACM has bought 14 of its regional newspapers to Star Information Group
- Star Information Group says it could rent extra journalists and enhance cowl costs
- ACM says it’s going to now deal with its “core titles”
The sale included SA titles the Border Chronicle, Naracoorte Herald, Port Lincoln Instances, The Islander, The Murray Valley Commonplace, The Recorder, The Victor Harbour Instances, The Transcontinental, Whyalla Information and digital solely titles the Coastal Chief and The Flinders Instances.
The Queensland titles included the Beaudesert Instances, Goondiwindi Argus and digital solely Mount Isa title North West Star.
Star Information Group managing director Paul Thomas mentioned he wished to see the papers broaden.
“We actually wish to breathe new life into these historic titles, present a very nice product in native communities and get extra individuals shopping for the paper,” he mentioned.
“It’s extremely early days however now we’ll offer jobs to all the workers which might be at present working for ACM.
He mentioned the corporate wanted extra workers.
“Our aim is to develop content material in every of the markets. We’ll put a really sturdy native deal with that content material, which we do in different markets,” he mentioned.
Mr Thomas mentioned there would doubtless be a rise within the cowl value for these newspapers.
In an announcement, ACM managing director Tony Kendall mentioned the sale meant the corporate might deal with its “core titles”.
“Our focus has at all times been on maintaining our enterprise sustainable so if we’re approached about titles exterior of our key markets we’d in fact have a look at what’s greatest for these mastheads, their communities and the way any potential transaction may assist help and strengthen ACM in its key markets,” he mentioned.
Mr Thomas mentioned native newspapers offered a useful service to their communities which could not be copied by social media.
“An area newspaper will in the end present the chance for everyone to have a say,” he mentioned.
“There ought to at all times be stability within the story, you will not get that usually in social media.
“It is normally one particular person’s rant or one particular person’s remark, versus a well-balanced story that offers all people a say.”
ACM workers on the bought mastheads are being consulted concerning the change, with the sale anticipated to be finalised in February.