Ryan McKibben, CEO of Clarity Media, also owned by Anschutz, made the announcement Friday. The Gazette was sold by Freedom Newspapers of Irvine, Calif.
“This is an exciting announcement,” said Chris Reen, president of OPUBCO Communications Group and publisher ofThe Oklahoman. “When Phil Anschutz purchased The Oklahoman as part of OPUBCO 14 months ago, he made clear his belief in the importance of the newspaper business and his plan to be in it for the long haul. This newest acquisition reaffirms his commitment to the industry and its viability. We feel great about it at The Oklahoman.”
Financial details of the transaction were not disclosed.
The Gazette was founded in 1872 and was acquired by Freedom Communications in 1946. The Gazette is the second largest daily newspaper in Colorado behind the Denver Post, with a daily circulation of 74,172 and a Sunday circulation of 85,718.
A veteran reporter and editor from The Oklahoman, Joe Hight, will be named as The Gazette’s editor after the acquisition. Hight has 30 years of journalism experience. He also concentrated on the online development of NewsOK.com.