Get SF Weekly Newsletters

Friday, November 11, 2011

Phil Anschutz to Sell the San Francisco Examiner

Posted By on Fri, Nov 11, 2011 at 3:30 PM

click to enlarge Does this mean they will stop endorsing Tea Party Republicans?
  • Does this mean they will stop endorsing Tea Party Republicans?

Clarity Media Group announced today that it will sell the San Francisco Examiner -- the city's daily free tabloid.

Phil Anschutz, the evangelical media mogul, announced that his Denver-based company has agreed to sell the Ex to Black Press Group Ltd -- a Victoria, British Columbia-based operator of

about 100 newspapers and related websites in the U.S. and Canada.

Anschutz bought the Examiner in 2004 with the intention of distributing free newspapers in the Bay Area while relying solely on advertising for revenue. The paper became known for its short and plucky local coverage and conservative opinion pieces out of step with liberal San Francisco.


"As Clarity Media Group focused increasing resources on the Washington, D.C. market -- with expansion of the Washington Examiner, the Weekly Standard, as well as the parent company's recent acquisition of The Oklahoman, it became clear that owning a single newspaper asset on the West Coast was no longer consistent with our evolving business plan," Ryan McKibben, CEO of Clarity Media Group, said in a statement. "Therefore, when the Black Press organization approached us about a sale, we determined they were the right fit for Examiner, and this was the right time to initiate the transaction."

The sale is expected to close on Nov. 30. Details of the sale were not released.

Follow us on Twitter at @TheSnitchSF and @SFWeekly

  • Pin It

Tags: , , , ,

About The Author

Erin Sherbert

Erin Sherbert

Bio:
Erin Sherbert was the Online News Editor for SF Weekly from 2010 to 2015. She's a Texas native and has a closet full of cowboy boots to prove it.

Comments

Subscribe to this thread:

Add a comment

Popular Stories

  1. Most Popular Stories
  2. Stories You Missed

Like us on Facebook

Slideshows

  • clipping at Brava Theater Sept. 11
    Sub Pop recording artists 'clipping.' brought their brand of noise-driven experimental hip hop to the closing night of 2016's San Francisco Electronic Music Fest this past Sunday. The packed Brava Theater hosted an initially seated crowd that ended the night jumping and dancing against the front of the stage. The trio performed a set focused on their recently released Sci-Fi Horror concept album, 'Splendor & Misery', then delved into their dancier and more aggressive back catalogue, and recent single 'Wriggle'. Opening performances included local experimental electronic duo 'Tujurikkuja' and computer music artist 'Madalyn Merkey.'"