Eagle publisher David B. Tyler Jr. and Spotlight publisher John A. McIntyre Jr. will remain at the helm of their respective groups and will be principals of Community Media Group LLC along with Alexander.
Alexander has a similar principal ownership in New Market Press Inc. and publisher Ed Coats, who publishes The Eagle, Rutland Tribune and The Messenger in Vermont.
In New York, Denton publishes the Adirondack Journal, Times of Ti, News Enterprise, Valley News, Tri-Lakes Free Trader Today, Clinton County Free Trader Today and North Countryman.
Eagle Newspapers has eight weekly publications in the Syracuse market. They are the Baldswinsville Messenger, Cazenovia Republican, Eagle Bulletin, Eagle Observer, Madison Eagle Skaneateles Press, Syracuse City Eagle and Star-Review.
Spotlight Newspapers has seven publications in the Albany market including The Spotlight, Colonie Spotlight, Loudonville Spotlight, Niskayuna Spotlight, Rotterdam Spotlight, Scotia-Glenville Spotlight and The Spotlight - Saratoga County. Monthly publications include Capital District Parent Pages and Capital District Senior Spotlight.
The publishers said the purchase is a win-win for all involved.
"These newspapers have a strong foundation in the communities they serve, and we believe this new ownership arrangement will allow us to enhance the quality of the editorial product and create efficiencies that weren't available to us previously," Tyler said. "Dan Alexander has a long history of running community newspaper companies and his expertise as well as the technological and printing resources Denton Publications bring to the table makes this a win-win."
Community Media Group LLC will continue to use the trade names Eagle Newspapers and Spotlight Newspapers and readers can expect the same commitment to community journalism they have become accustomed to over the years, McIntyre said.
"This should be a pretty seamless transition for our readers, advertisers and employees," McIntyre said. "We have a number of excellent journalists in our fold, and this transaction should allow for continued improvement of our community-based newspapers."
Denton Publications plant manager Tom Henecker said relationships like the one created between Eagle, Spotlight, New Market and Denton make sense given the current economic climate.
"It's a great thing that during these tough economic times we're able to expand. It's a testament to the forward-thinking owners and managers," Henecker said. "There are a lot of years of newspaper experience that have just joined forces. It's the proverbial win-win situation; as our company grows and gets stronger, so will our products, which will bring greater benefits to our readers and advertisers."