Bay Area Reporter to Partner With SF Newspaper Co. Executives

Categories: Media

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Executives at the Bay Area Reporter, San Francisco's LGBT newspaper, announced yesterday that they are restructuring the paper and partnering with executives at The San Francisco Newspaper Co., which owns the Examiner, SF Weekly, and the Bay Guardian.

The Reporter's publisher Thomas E. Horn and General Manager Michael Yamashita told their staff yesterday afternoon that the Bob Ross Foundation, which owns the Bay Area Reporter, has signed a letter of intent with Todd Vogt and Patrick Brown, both shareholders in the three papers. To be clear, this is not to say that the Reporter has been sold, rather that a new company will be formed: BAR Media Inc.

"This solves a myriad of problems that just have to be solved," Horn said, adding that "the paper will continue to be LGBT-majority owned and operated."

Yamashita, 47, will own 31 percent of the new company and will become the paper's publisher. The foundation will own 20 percent, while Vogt and Brown will own 49 percent, according to the newspaper.

Horn, the foundation's director, will be publisher emeritus and chair of the BAR Media board. Vogt and Brown will be management advisers.

"The past few months we were able to reach a deal where Pat and I can bring our experience and contacts to the new company while the paper maintains its LGBT ownership," Vogt said.




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3 comments
mike1934
mike1934

Maybe they think everyone smokes pot here and so all the group buys are for cannabis clubs...

mike1934
mike1934

While its nice that David Black is helping newspapers survive in San Francisco, I'm confused. Your usual acquisition model involves buying papers in different suburbs in the same metro area but all of the SFNCO pubs are in San Francisco, vectored to different demographic groups. So how do the group ad buys work?

njudah
njudah topcommenter

Just what IS the true agenda here? Why are all the print outlets being merged into one corporate ownership? What is the end game, and can we count on any of the outlets that have already been assimilated to be truly objective about this?

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