December 20, 2014 10:14 AM ET

Media

Company Overview of Freedom Communications, Inc.

Company Overview

Freedom Communications, Inc., an information and entertainment company, engages in print publications and interactive businesses in the United States. It publishes daily and weekly newspapers, community newspapers, shoppers, magazines, and other specialty print publications; and owns and operates a suite of interactive products and services, such as Websites, smartphone and tablet apps, social media pages, and other digital offerings that provide news, entertainment and local information, content, and other services to online audience. Freedom Communications, Inc. was formerly known as Freedom Newspapers, Inc. and changed its name to Freedom Communications, Inc. in 1994. The company was inco...

625 North Grand Avenue

Santa Ana, CA 92701

United States

Founded in 1950

Phone:

949-253-2300

Key Executives for Freedom Communications, Inc.

Co-Owner and Chief Executive Officer
President and Director
Age: 58
President of Freedom Interactive Inc
Age: 55
President of Freedom Broadcasting Inc
Vice President of Human Resources and Organizational Development
Compensation as of Fiscal Year 2014.

Freedom Communications, Inc. Key Developments

Freedom Communications to Cut About 100 Positions

Freedom Communications announced that it will cut about 100 positions, including some top-level executives. The restructuring will affect all departments except the newsroom. Freedom Communications, which owns the Register and The Press-Enterprise in Riverside, also will eliminate unprofitable publications such as OC Register magazine. OC Metro magazine folded last month. More recently, Freedom carried out three rounds of buyouts or layoffs and ended the Los Angeles Register in September after five months of publication. Company officials also are still struggling to deliver newspapers to certain subscribers, the result of a business dispute between Freedom and former delivery-contractor the Los Angeles Times.

Freedom Communications Inc. Plans to Cut Staff and to End Daily Publication of the Long Beach Newspaper

Freedom Communications Inc. announced that it is imposing furloughs, planed to cut staff and ending daily publication of the Long Beach newspaper.

Freedom Communications to Lay Off 42 Employees as Part of Restructuring

Freedom Communications reported that it will lay off 42 employees as part of a restructuring. The company is reducing the staff to eliminate duplication of work already done at the Register. The Press-Enterprise layoffs are mostly in sales, finance and circulation.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 22, 2014
Freedom Communications, Inc., Santa Ana Headquarters
Merger/Acquisition
March 2, 2014
2 Daily and 4 Weekly Newspapers
 

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