Texas Company Buys Hoosier-Owned Media Group

Posted: Updated:
(Image Courtesy: Home News Enterprises LLC) Home News Enterprises LLC is headquartered at the home office building of The Republic in Columbus. (Image Courtesy: Home News Enterprises LLC) Home News Enterprises LLC is headquartered at the home office building of The Republic in Columbus.
COLUMBUS -

Columbus-based Home News Enterprises LLC, which has a portfolio that includes four daily and two weekly newspapers, has been acquired by Texas owners. AIM Media Management LLC says all HNE employees will keep their current positions with the newly-formed AIM Media Indiana LLC.

The publications involved, along with their websites, include:

  • The Republic in Columbus
  • The Daily Reporter in Greenfield
  • The Daily Journal in Franklin
  • The Tribune in Seymour
  • The Times Post in Pendleton
  • The Brown County Democrat in Nashville

HME also has a commercial printing business and shopper publications. The company traces its origins back more than 140 years and during that time it has transitioned through six generations of leadership from the Brown family. Isaac Brown founded the original publication, The Columbus Republican, in 1872.

Jeff Brown became president in 1998 and AIM says he will retain his current operational responsibilities. Brown says "there comes a point in time in older multi-generational family businesses where family members, many of whom are in or near retirement, need to exit from their ownership in order to pursue other interests. AIM came to us with a compelling offer that helps to preserve HNE's local autonomy. We came to appreciate AIM's focus on the importance of local newspapers and our commercial printing operations. AIM brings the potential to continue HNE's growth in both media properties and commercial printing services. Our family is incredibly appreciative of the support of our communities and our customers through the years. It’s been a great run and we know that AIM will continue in that same tradition."

The chairman and chief Executive officer of AIM is Jeremy Halbreich, who previously served in the same capacity for Sun-Times Media LLC in Chicago and is former president and general manager of The Dallas Morning News. He calls HME "one of the most respected and admired publishing and media companies in the United States" and says "the Brown family has demonstrated extraordinary commitment, support and leadership to these local communities throughout their six generations of ownership. It is our goal and strongest desire to continue this community service and we look forward to providing the guidance and direction necessary for these publications to engage their local audiences and set the civic agenda and discourse in both online and print for the communities they serve. These are important, impactful and attractive businesses located in an extraordinary and unique group of towns in southern Indiana."

  • Perspectives

    • How to Find a New Audience After Hitting a Marketing Plateau

      It may sound like a marketer’s dream scenario: efforts have proven to be so successful it appears a company has completely saturated their target audience. While it may be a good problem to have, it still may be a problem. Hitting a marketing plateau is an opportunity for companies in any industry to reevaluate, re-energize and come to the table with new ideas for better understanding existing customers and engaging new audiences.

    More

Events



  • Most Popular Stories

    • (image courtesy of The Times of Northwest Indiana)

      Crews Start Demolition of Carson's in Hammond

      The face of downtown retail in Hammond is changing once again with the demolition of Carson’s department store, the one-time the anchor of Woodmar Mall. Our partners at The Times of Northwest Indiana report excavating crews have started to demolish the last vestige of the shopping center which stood since the 1950s. 

    • (image courtesy of The Times of Northwest Indiana)

      U.S. Steel Cuts Jobs, Low Price Imports Partially to Blame

      Pittsburgh-based U.S. Steel has announced it will idle its tin mill operations in East Chicago, affecting nearly 300 workers, half of which will lose their jobs. Our partners at The Times of Northwest Indiana report U.S. Steel blames the layoffs on the Del Monte food company which announced its own mass layoffs. 

    • Shaina Keck

      Pier 48 Manager Named

      FK Restaurant Group has named Shaina Keck sales and banquet manager for Pier 48 Fish House and Bar in downtown Indianapolis. She previously served in sales at Kilroy's Bar & Grill. Keck is a graduate of Indiana University Kelly School of Business with a bachelor of science degree in finance and accounting with a concentration in international studies.  
    • Lucy Schaich

      City of Bloomington Promotes Schaich

      The city of Bloomington has promoted Lucy Schaich to volunteer network coordinator, a program of the Community and Family Resources Department.  She served as assistant coordinator from 2000 until 2018, when she became the volunteer network’s interim director. Schaich is a graduate of Indiana University. 

    • Gas City Startup Helping Hemp Farmers

      Last month, it became legal for Hoosier farmers to grow hemp and a Gas City-based startup is being aggressive in being among the first to take advantage of market opportunities. Heartland Harvest Processing is helping farmers connect the new agricultural commodity to consumer products, including CBD. Founder and Chief Marketing Officer Chris Moorman says the first hemp harvest under the new law is expected to begin next month. In an interview with Business of Health...