SouthComm acquires two publications from Creative Loafing
Deal adds to Nashville holding company’s portfolio of alternative weeklies
Nashville, Tenn. — SouthComm Inc. announced today it has acquired Creative Loafing Charlotte and Creative Loafing Tampa from CL Inc., the parent of the chain of alternative newspapers. Terms of the transaction were not disclosed.
The Charlotte and Tampa publications are the fourth and fifth alternative weeklies under the SouthComm umbrella. The company also owns the Nashville Scene, LEO in Louisville and the Kansas City Pitch. CEO Chris Ferrell said SouthComm’s latest expansion fits its model of operating niche publications in mid-sized cities throughout the Southeast and Midwest.
“Creative Loafing is a very strong brand and these two papers are well read and well run,” Ferrell said. “We look forward to having them as part of the SouthComm family of publications. We are excited to grow in Charlotte and Tampa, which are very good cities for us to build out our model of having multiple niche publications in each market.”
About SouthComm Inc.
SouthComm was formed in late 2007 to operate regional niche publications. The Nashville-based company now owns more than 20 titles targeting general news, alternative, business, society and women audiences in Nashville, Louisville, Kansas City, Charlotte and Tampa as well the regional Medical News chain of papers. The company also owns Target Marketing and SouthComm Publishing, custom publishing companies serving chambers of commerce and other associations around the country. For more information, visit southcomm.com.
About CL Inc.
Creative Loafing Inc. owns a group of America’s leading urban weeklies — the Chicago Reader,
Creative Loafing Atlanta, and the Washington City Paper. Its holdings also include websites associated with those newspaper properties, the Straight Dope (straightdope.com) and Listen.com sites, and the Digital Advertising Network.