The Loudoun County weekly newspaper Leesburg Today announced last week that its parent company, American Community Newspapers, has sold its Northern Virginia publications to a Texas-based media acquisitions company. The newspaper will continue to be published.
American Community Newspapers had announced plans to sell its Virginia-based publications — including Leesburg Today, Loudoun Magazine, Middleburg Life and several others — in October. The company also put its media holdings in Texas, Minnesota and Ohio up for sale, according to a statement from Leesburg Today.
HPR Hemlock, which purchased American Community Newspapers’ Northern Virginia division for an undisclosed price last week, said in the statement that the company’s philosophy “centers on finding strong local news providers with management experience in their local markets with local and regional readers and advertisers.”
Longtime media executive Richard L. Connor, who will be assisting with the transition, emphasized the importance of maintaining consistency.
“These community weekly newspapers and their targeted specialty publications have been serving Northern Virginia for a long, long time, and HPR Hemlock will be relying on the people who have built these businesses to continue to run them as if they own them,” he said in the announcement.
Norman Styler, publisher and editor of Leesburg Today, said in the statement that the sale will allow the newspaper staff “to move ahead with growth plans that have been sidelined during the [acquisition] process.”
It was the latest development in a local media landscape that has weathered many changes in recent years. In June 2010, the Loudoun Independent and the Loudoun Times-Mirror announced that the publications would merge, after the Loudoun Independent declared bankruptcy in 2008. American Community Newspapers filed for Chapter 11 bankruptcy in 2009 and was purchased that year for $32 million by American Community Newspapers II.