Business & Tech

North Crow River News, Sun Newspapers, to be Sold

ECM Publishers, based in the northern suburbs, has signed a letter of intent to purchase Minnesota's Sun Newspapers, owners and operators of local labels like the North Crow River News and Monticello Times.

The owners of the North Crow River News, St. Michael-Albertville's longstanding newspaper of record, have been approached by another publisher to sell its group of community-based papers.Β 

ECM Publishers, based in Coon Rapids, has signed a letter of intent to purchase Minnesota Sun Newspapers, a division of American Community Newspapers, with the transaction happening as soon as both sides reach an agreement.Β 

According to a press released issued on Minnesota Sun's website, Minn Local, the transaction will combine a pair of suburban powerhouses.

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"Both ECM and the Sun Group are composed of newspapers, shoppers, and websites. ECM publishes 15 newspapers and six shoppers with total weekly circulation of 155,000 and 191,000 respectively. The Sun Group publishes 32 newspapers and two shoppers with total weekly circulation of 357,000 and 38,000 respectively. ECM websites attract 1,000,000 page views a month, and Sun Group websites attract 461,000 page views per month," the release states.Β 

Minnesota media pundits were already reacting to the news. MinnPost's David Brauer had news of the pending transaction on his blog this afternoon.Β 

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Closer to home, ECM publishes the Star News and the "ABC" group of papers (Anoka, Blaine and Coon Rapids) to cover the northwest suburbs. The North Crow and Star News have often competed for coverage of Rogers and Hassan Township.Β 

Dirks, Van Essen & Murray based in New Mexico, represented American Community Newspapers in the transaction. ACN recently agreed to sell its holdings in Ohio, as well.Β 

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