GateHouse in turn filed prepackaged Chapter 11 bankruptcy on September 27, 2013, to restructure its debt obligations in order to accommodate the acquisition. CEO and former Wall Street Journal editor Robert James Thomson indicated that the newspapers were 'not strategically consistent with the emerging portfolio' of the company. The newspapers were operated by GateHouse Media, a newspaper group owned by Fortress. On September 4, 2013, News Corp announced that it would sell the Dow Jones Local Media Group to Newcastle Investment Corp.-an affiliate of Fortress Investment Group, for $87 million. Rupert Murdoch, the head of News Corp., reportedly told investors before the deal that he would be 'selling the local newspapers fairly quickly' after the Dow Jones purchase. acquired the Times when it bought Dow Jones & Company (which itself had purchased Ottaway in 1970) for US$5 billion in late 2007.

We adopted the new name because we want it clearly known that we are an independent Cape Cod newspaper, printed and published on the Cape, by Cape Codders, for Cape Codders.

A front-page editorial that day proclaimed: In 1975, to dispel any impression of still being an offshoot of the New Bedford paper, the Cape Cod paper was renamed the Cape Cod Times. In 1970, the decision was made to break away and the new daily Cape Cod Standard-Times was born. Population and business activity on the Cape were growing at a rapid rate and research studies indicated that readers and commercial supporters would support an independent daily newspaper for Cape Cod. Less than a year after the paper made its debut, plans were announced for the construction of a building at 319 Main Street, which has remained the Times home since early 1938.Īs the newspapers entered the late 1960s, it became evident that the historic piggy-back distribution arrangement with the New Bedford paper had outlived its usefulness. The first issues were printed in a converted automobile dealer's garage on Elm Street in Hyannis, now a bus garage. It was first published as an independent daily for Cape Cod on Januand renamed the Cape Cod Times from September 2, 1975. Dunn and Basil Brewer on Octoas the Cape Cod Standard-Times, and was distributed jointly on the Cape with The New Bedford Standard-Times until the end of 1970. The paper was first published by businessman J.P. It is owned by Gannett, which also owns several weekly newspapers in the county. The Cape Cod Times is a broadsheet daily newspaper serving Barnstable County, Massachusetts, United States, which encompasses 15 towns on Cape Cod with a year-round population of about 230,000.

Hyannis, Massachusetts 02601, United States

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