SouthComm buys Washington City Paper and Atlanta Creative Loafing
SouthComm Inc., the Nashville-based owner of The Pitch, announced today that it has purchased Washington City Paper and Creative Loafing Atlanta. The company now owns eight alt-weeklies, in addition to several specialty publications.
Both City Paper and CL Atlanta were owned by investment firm Atalaya Capital Management, which in March stepped up efforts to sell the papers. Last fall, SouthComm bought CL Tampa and CL Charlotte from the firm. (SouthComm also purchased CityBeat in Cincinnati, not part of the CL chain, in March.)
In a statement announcing the transaction, SouthComm CEO Chris Ferrell said, “Washington City Paper and Creative Loafing are two of the leading alt-weeklies in the country in two of the most influential cities in the world. I look forward to working with the staff in both markets to build on their legacy of strong news reporting and in-depth coverage of dining, music, arts, and culture.”
Read the whole press release and Ferrell’s note to the papers’ staffs after the jump.
