The Milford Daily News
Encyclopedia
The Milford Daily News is a daily newspaper covering Milford, Massachusetts
, USA, and several nearby towns in Norfolk
and Worcester
counties.
The newspaper is managed and printed by The MetroWest Daily News. Both are owned by Community Newspaper Company
, a division of GateHouse Media
.
, a trust established by the Foster and Whitehouse families and managed by Bank of Boston. The trust also ran daily newspapers in Biddeford, Maine
, and Little Falls, New York
, as well as the family's charities.
To raise money for other obligations, the trust sold the papers in 1996 to CNC, then part of Fidelity Investments
. CNC managers, upon their purchase of Alta, said they were most interested in the Milford property, which bordered the coverage area of two CNC dailies -- the Middlesex News and the Dedham Transcript
. Bill Elfers, CNC's CEO, called the Milford paper "an outstanding property"; it had made almost US$5 million in revenues the previous year, accounting for the largest part of Alta's US$1 million annual profit.
Terms of the deal were not made public. It was CNC's first foray into newspaper ownership outside Massachusetts
; at the time, some speculated that the company would quickly turn around and sell the New York and Maine dailies; Elfers denied these rumors, but within a year, CNC had indeed unloaded the Maine
and New York
papers.
In 2000, Fidelity sold CNC to the publisher of the Boston Herald
. The new owner instituted a content-sharing arrangement between CNC and the Herald, resulting in a regular stream of Daily News stories appearing in the Boston newspaper.
That arrangement continued even after the Herald sold CNC to Liberty Group Publishing (later renamed GateHouse Media
) in 2006.
Milford, Massachusetts
Milford is a town in Worcester County, Massachusetts, United States. It had a population of 27,999 at the 2010 census.For geographic and demographic information on the census-designated place Milford, constituting the center of the town, please see the article Milford ,...
, USA, and several nearby towns in Norfolk
Norfolk County, Massachusetts
-National protected areas:* Adams National Historical Park* Boston Harbor Islands National Recreation Area * Frederick Law Olmsted National Historic Site* John Fitzgerald Kennedy National Historic Site-Demographics:...
and Worcester
Worcester County, Massachusetts
-Demographics:In 1990 Worcester County had a population of 709,705.As of the census of 2000, there were 750,963 people, 283,927 households, and 192,502 families residing in the county. The population density was 496 people per square mile . There were 298,159 housing units at an average density...
counties.
The newspaper is managed and printed by The MetroWest Daily News. Both are owned by Community Newspaper Company
Community Newspaper Company
Community Newspaper Company, a subsidiary of GateHouse Media, is a newspaper publisher in eastern Massachusetts. It was founded in 1991 as a holding company for several suburban publishers bought by Fidelity Investments; in 2001, Fidelity sold it to the Boston Herald; in 2006, the massive chain—New...
, a division of GateHouse Media
GateHouse Media
GateHouse Media Inc. is a U.S. newspaper publisher, headquartered in Perinton, New York, that publishes 97 dailies in 20 states and 198 paid weeklies, in addition to free papers, shoppers and specialty and niche publications.- History :Liberty Group Publishing was formed in 1998 when Kenneth L...
.
History
From 1977 to 1996, the newspaper was run by Alta Group NewspapersAlta Group Newspapers
Alta Group Newspapers Inc. was a newspaper publisher in the northeastern United States, overseeing three daily newspapers and one weekly newspaper before being bought and broken up by Community Newspaper Company in 1996....
, a trust established by the Foster and Whitehouse families and managed by Bank of Boston. The trust also ran daily newspapers in Biddeford, Maine
Biddeford, Maine
Biddeford is a town in York County, Maine, United States. It is the largest town in the county, and is the sixth-largest in the state. It is the most southerly incorporated town in the state and the principal commercial center of York County. The population was 21,277 at the 2010 census...
, and Little Falls, New York
Little Falls (city), New York
Little Falls is a city in Herkimer County, New York, USA. The population was 5,188 at the 2000 census. The name is derived from a small cataract near the city....
, as well as the family's charities.
To raise money for other obligations, the trust sold the papers in 1996 to CNC, then part of Fidelity Investments
Fidelity Investments
FMR LLC or Fidelity Investments is an American multinational financial services corporation one of the largest mutual fund and financial services groups in the world. It was founded in 1946 and serves North American investors. Fidelity Ventures is its venture capital arm...
. CNC managers, upon their purchase of Alta, said they were most interested in the Milford property, which bordered the coverage area of two CNC dailies -- the Middlesex News and the Dedham Transcript
The Daily News Transcript
The Daily News Transcript is a five-day afternoon daily newspaper in Norwood, Massachusetts, U.S., covering the Neponset Valley of Norfolk County, Massachusetts...
. Bill Elfers, CNC's CEO, called the Milford paper "an outstanding property"; it had made almost US$5 million in revenues the previous year, accounting for the largest part of Alta's US$1 million annual profit.
Terms of the deal were not made public. It was CNC's first foray into newspaper ownership outside Massachusetts
Massachusetts
The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...
; at the time, some speculated that the company would quickly turn around and sell the New York and Maine dailies; Elfers denied these rumors, but within a year, CNC had indeed unloaded the Maine
Maine
Maine is a state in the New England region of the northeastern United States, bordered by the Atlantic Ocean to the east and south, New Hampshire to the west, and the Canadian provinces of Quebec to the northwest and New Brunswick to the northeast. Maine is both the northernmost and easternmost...
and New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
papers.
In 2000, Fidelity sold CNC to the publisher of the Boston Herald
Boston Herald
The Boston Herald is a daily newspaper that serves Boston, Massachusetts, United States, and its surrounding area. It was started in 1846 and is one of the oldest daily newspapers in the United States...
. The new owner instituted a content-sharing arrangement between CNC and the Herald, resulting in a regular stream of Daily News stories appearing in the Boston newspaper.
That arrangement continued even after the Herald sold CNC to Liberty Group Publishing (later renamed GateHouse Media
GateHouse Media
GateHouse Media Inc. is a U.S. newspaper publisher, headquartered in Perinton, New York, that publishes 97 dailies in 20 states and 198 paid weeklies, in addition to free papers, shoppers and specialty and niche publications.- History :Liberty Group Publishing was formed in 1998 when Kenneth L...
) in 2006.