The Enterprise (Brockton)

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The Enterprise
Type Daily newspaper
Format Broadsheet

Owner GateHouse Media
Publisher Kirk A. Davis
Editor Chazy Dowaliby
Founded ca. 1881
Headquarters 60 Main Street, Brockton, Massachusetts 02303 USA
Circulation 31,661 daily, 37,552 Sunday in 2006[1]

Website: enterprise.southofboston.com

The Enterprise is an afternoon daily regional newspaper published in Brockton, Massachusetts. The newspaper is considered a newspaper of record for Brockton and several suburban communities of northern Bristol and Plymouth counties, and southern Norfolk County, Massachusetts.

Owned in common for a decade with one of its chief competitors, The Patriot Ledger of Quincy, The Enterprise in mid-2006 was purchased, along with The Patriot Ledger, by GateHouse Media, which also owns several nearby weekly newspapers and recently purchased The Enterprise's other local competitor, the Taunton Daily Gazette.

[edit] History

The Fuller-Thompson family owned The Enterprise for 115 years prior to its 1996 sale to joint venture headed by incumbent president Myron F. Fuller and new majority owner James F. Plugh, who was said to have paid between $20 million and $30 million. Plugh formed a new corporate parent for the paper, Newspaper Media Corporation, and expressed a desire to buy other New England newspapers. The newspaper's circulation at the time was 50,000, daily, and 62,000, Sunday.[2]

After unsuccessfully pursuing the Gazette, Plugh purchased The Patriot Ledger in 1997, paying an estimated $60 million to $70 million.[3] As newspapers moved to the Internet, the two afternoon dailies -- whose reporters competed in 12 suburban towns -- established a common Website, [southofboston.com.

Six years later, however, Plugh yielded a majority stake in what was now known as Enterprise NewsMedia to Heritage Partners Inc., an investment firm based in Boston, Massachusetts. Heritage was said to have paid $113 million to buy into The Enterprise, The Patriot Ledger and their suburban weeklies.[4] Plugh remained on board as publisher until 2004, when he became vice president of Enterprise NewsMedia and hired Kirk A. Davis as publisher. [5]

In 2006, Enterprise NewsMedia was sold to Liberty Publishing, which changed its name to GateHouse Media, as part of a massive, $225 million deal including Community Newspaper Company.

[edit] References

  1. ^ Audit Bureau of Circulation
  2. ^ Muller, Joann. "Brockton Enterprise will be Purchased by New Media Company." Boston Globe, July 25, 1996.
  3. ^ Blanton, Kimberly. "Low Family will Sell Patriot Ledger to the Owners of Brockton Enterprise." Boston Globe, October 4, 1997.
  4. ^ Healey, Beth. "Ledger, Enterprise Sell Majority Stake." Boston Globe April 9, 2003
  5. ^ Gatlin, Greg. "South Shore Papers Get Publisher, CEO Davis." Boston Herald, July 16, 2004.