Dow Jones Local Media Group to acquire New England Business Bulletin

CAMPBELL HALL, NY – Dow Jones Local Media Group has agreed to purchase the New England Business Bulletin, a monthly business newspaper serving Southeastern Massachusetts and Eastern Rhode Island, from the New England Publishing Group Inc.

The announcement was made today by John N. Wilcox, Ottaway president and chief operating officer.

“The New England Business Bulletin has a unique position serving the important business-to-business segment of the Southeastern New England economy. We look forward to having the Bulletin join our family of publications in this growing region.”

Ottaway newspapers in Massachusetts include the Cape Cod Times of Hyannis, the Inquirer & Mirror of Nantucket, the Standard-Times of New Bedford and Hathaway Publishing, a group of five weeklies in SouthCoast Massachusetts. The New England Business Bulletin will operate out of the Hathaway offices at 780 County St., Somerset, MA.

Timothy R. Branco, editor and publisher, who founded the publication in 1999, said, “The Business Bulletin has been a labor of love for myself and my company over the last six years. The Bulletin has continued to grow since our first issue.

“It became apparent that our next step required the expertise of an industry leader. Our decision to look to Ottaway Newspapers was based on our confidence that the company would not only maintain the integrity of the product but also have the insight to take the Bulletin to the next level. Ottaway was our first choice and we are proud to have the Bulletin become part of the Ottaway family.”

The Bulletin, a 32-page tabloid, has a monthly readership of 45,000 businesses throughout the region. The New England Publishing Group also publishes The Homefinder, a monthly real estate listing publication serving Rhode Island and Southeastern Massachusetts.

Dow Jones Local Media Group is the community newspaper subsidiary of Dow Jones & Company. Ottaway publishes 15 daily newspapers, 19 weeklies and numerous specialty publications and web sites in nine states. The parent company, Dow Jones & Company, publishes The Wall Street Journal and its international and online editions, Barron’s, the Far Eastern Economic Review, Dow Jones Newswires, Dow Jones Indexes and MarketWatch. Dow Jones is co-owner with Reuters Group of Factiva, with Hearst of SmartMoney and with NBC Universal of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.

Contact:

Mary Harrington
Hathaway Publishing Co.

508-979-4314