Times Media Group has continued on its acquisition track, taking over Acorn Newspapers, a publisher of five brands serving more than 340,000 readers in Western Los Angeles and Eastern Ventura
Counties.
Terms were not disclosed.
Included in the purchase are the weeklies The Acorn serving Agoura Hills,
Moorpark Acorn, Simi Valley Acorn, Camarillo Acorn and Thousand Oaks Acorn, along with companion publications and websites.
Last month, Times Media
Group acquired Picket Fence Media, publisher of San Clemente Times and other Southern California titles. The company has more than 40 publications in Arizona and Southern
California.
Acorn Newspapers had its origins in 1996 when Conejo Valley residents Jim and Lisa Rule purchased the Agoura, Calabasas, Westlake Village Acorn. The pair
subsequently added other publications.
“Jim and Lisa Rule have built a highly respected, trusted community news brand that provides exceptional news coverage for readers and
terrific value for advertisers," says Steve Strickbine, founder and president of Times Media Group.
Strickbine adds that the company seeks to provide communities “the local news
and information they need with a high degree of accuracy and truth.”
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