New Media Investment Group Inc. (NYSE:NEWM) owns, operates and invests in high-quality local media assets focused in small to mid-sized markets. They are focused on local audiences and small to medium-sized businesses in communities.
New Media Investment Group’s print and online products focus on the local community, primarily covering topics such as local news, politics, community and regional events, youth sports, and local schools. As a result of our focus on small and mid-sized markets, they are usually the primary or sole provider of comprehensive and in-depth local market news and information in the U.S. communities they serve.
New Media is externally managed and advised by an affiliate of Fortress Investment Group LLC, a global investment management firm, which is in turn owned by Japanese tech giant SoftBank.
Anonymous on March 10, 2020