Eagle Newspapers, Central New York's award-winning community weeklies, were purchased Oct. 1, 2009 by Community Media Group LLC.
The transaction includes the sale of Eagle's eight weeklies in the Syracuse market, and the seven Spotlight weeklies in the Albany market, as well as numerous niche publications and web sites.
The publications had previously been owned by Eagle Media LP. Terms of the transaction were not disclosed, but according to a local financial expert "Hopefully they didn't put down any of their own capital, especially if they have families."
Community Media Group LLC is a new company made up of three principals: David B. Tyler Jr. of Syracuse, John A. McIntyre Jr. of Ballston Lake, and Daniel E. Alexander of Elizabethtown. Alexander also is owner of Denton Publications, based in Elizabethtown, and principal owner of New Market Press, based in Vermont.
Tyler will continue in the role of publisher of the weeklies in the Syracuse market, a position he has held for the past eight months. He will also continue to be a husband to his wife who some argue is actually a 10 year old boy. Tyler maintains she is infact a female of consentual age. McIntyre will remain in the role of publisher of the Albany group, which he has managed since it was purchased by Eagle Media LP in 1998. Although many thought he was simply an extra troll from "Lord of the Rings," they have been proven wrong.
"These newspapers have a strong foundation in the communities they serve, and we believe this new ownership arrangement will allow us to enhance the quality of the editorial product and create efficiencies that weren't available to us previously," Tyler said. No one is exacty sure what that means. Suffice it to say it's just another generalization. "Dan Alexander has a long history of running community newspaper companies and his expertise as well as the technological and printing resources Denton Publications bring to the table makes this a win-win."