| Type | Private |
|---|---|
| Industry | Media |
| Headquarters | Yardley, Pennsylvania |
| Owner(s) | Alden Global Capital |
| Website | www.journalregister.com |
The Journal Register Company is an American media company, serving an audience of 21 million Americans in 992 communities. The company operates more than 350 multi-platform products in 992 communities. The company is led by CEO John Paton who openly blogs about the changes he is making to transform Journal Register from a newspaper company to a "digital first, print last" company. Paton, formerly CEO of ImpreMedia, started on February 1, 2010 by announcing he would provide all reporters with Flip video cameras as a sign of his commitment to the company's digital transformation. On March 17, 2010 the company named an advisory board composed of new media visionary Jeff Jarvis (author of "What Would Google Do" and BuzzMachine); Jay Rosen of New York University who is currently running the innovative Studio 20 program at NYU and who writes pressthink.org (Rosen is also a member of Wikipedia's advisory board); and Betsy Morgan, the former CEO of the Huffington Post who is a member of the national advisory board for the Poynter Institute and who was the Senior VP and GM of cbsnews.com. On March 11, 2010 the company named Bill Higginson, Journal Register's former Senior Vice President, Production, as the company's President and COO. On March 4, 2010 the company named Jeff Bairstow as chief financial officer. Bairstow joined Journal Register after working for Synarc Inc., a leading provider of medical imaging analysis, subject-recruitment and biochemical-marker services.
The company owns daily and weekly newspapers, other print media properties and newspaper-affiliated local Web sites in the U.S. states of Connecticut, Michigan, New York, Ohio, Pennsylvania and New Jersey. It also operates 3 commercial printing facilities.
JRC's flagship daily newspaper is the New Haven Register. Its ten largest daily newspapers (approximate daily circulation over 20,000) are:
In 2004, JRC bought 21st Century Newspapers, gaining ownership of several daily newspapers in Greater Detroit.
In 2006, JRC bought the Web site JobsInTheUS.com. It is also a major shareholder in consulting company PowerOne Media. That same year, the company moved its headquarters to Yardley, Pennsylvania from Trenton, New Jersey.
In early 2007, JRC completed the sales of its former Massachusetts and Rhode Island newspapers to GateHouse Media and RISN Operations, respectively.
In early 2008, the New York Stock Exchange announced it was planning to suspend trading of JRC's common stock. The stock had been below $1.05 for 30 consecutive days, at one point falling to 16 cents, which was the all-time low at that time. The stock was delisted as of April 16.
On February 21, 2009, the company filed for Chapter 11 bankruptcy in the US Bankruptcy Court, located in Manhattan, New York, NY.
On August 12, 2009, JRC emerged from bankruptcy as a private company.
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