| Company type | Private |
|---|---|
| Industry | Newspapers |
| Founded | 1940 (as Donrey Media Group) |
| Founder | Donald W. Reynolds |
| Headquarters | Las Vegas, Nevada, U.S. |
| Products | Newspapers, magazines, online |
Number of employees | 2,000+ |
Stephens Media LLC was a Las Vegas, Nevada, United States, diversified media investment company. It owned stakes in the California Newspapers Partnership and the Northwest Arkansas Democrat Gazette.
The company had been expanding its interactive Internet business, operating online sites for its newspapers and portal sites like LasVegas.com, which is licensed to Greenspun Media Group. The company is also a partner in the California Newspapers Partnership with MediaNews and Gannett. The company also formed Northwest Arkansas Newspapers LLC in November 2009, a joint venture with WEHCO Media Inc., in Arkansas.
On November 28, 2010, Stephens Media Iowa, LLC, a subsidiary of Stephens Media, acquired several newspapers, including the Ames Tribune, Boone News-Republican, Dallas County News, Nevada Journal, Ames About People & Advertiser, Tri-County Times, and Algona Upper Des Moines from Midlands Newspapers Inc., a subsidiary of the Omaha World-Herald Company.[1] In August, 2011, the Algona Upper Des Moines was sold to Hallmark Media.[2]
In February 2015, Stephens Media was purchased by GateHouse Media for $102.8 million.[3] In December 2015, GateHouse sold the Las Vegas Review-Journal, the Stephens group's largest paper, to casino magnate Sheldon Adelson for $140 million.[4]