Dallas Morning News parent sells Denton Record-Chronicle and advertising partnership
The parent company of The Dallas Morning News is selling its daily newspaper in Denton and an advertising partnership business that it developed in-house.
Bill Patterson, longtime publisher of The Denton Record-Chronicle, is purchasing the paper from A. H. Belo Corporation, which has owned it since 1999. A. H. Belo is the parent company of The Dallas Morning News. The sale is expected to be completed by the end of the year, Patterson said Tuesday afternoon.
"I think there's a great opportunity in Denton," Patterson said. "I feel strongly that Denton needs a daily newspaper and robust and trusted digital portfolio, and I believe we can be productive and grow."
Separately, Richard Jones, president of A. H. Belo's Proven Performance Media, is buying the advertising partnership created eight years ago by The News. Jones took the helm of Proven Performance Media in 2014 and expanded its reseller model to include The Washington Post, San Diego Union-Tribune, Atlanta Journal-Constitution, St. Louis Post-Dispatch and Austin American-Statesman.
Read more: https://www.dallasnews.com/business/the-dallas-morning-news/2017/10/31/dallas-morning-news-parent-sells-denton-newspaper-longtime-publisher