The Riverside Press-Enterprise is expected to be sold for $27.25 million later this month to Freedom Communications, owner of the Orange County Register (one of Santa Ana’s largest employers), according to announcements from both newspapers, according to Patch.
An investment group led by Aaron Kushner purchased the Orange County Register last year and has rapidly expanded the newspaper. Earlier this year, the paper increased its coverage into Long Beach, with a 16-page Long Beach section and it has been adding to its staff, despite the overall newspaper industry experiencing sharp declines in print ad revenues, according to KPCC. Continue reading