"We really want Austin to be a flagship of GateHouse," said Jason Taylor, president of GateHouse's western U.S. publishing operations. "We see this (acquisition) as a doubling down" on the company's commitment in Austin. GateHouse has a substantial local presence in the Texas capital with its Center for News & Design, which has more than 240 employees who do design and editing for GateHouse papers and other publications.
Atlanta-based Cox Media Group has sold the paper to GateHouse, a division of New Media Investment Group, for $47.5 million. The sale included the newspaper's Spanish-language weekly newspaper Ahora Si, and the Austin Community Newspapers group, which includes the Bastrop Advertiser, Lake Travis View, Pflugerville Pflag, Round Rock Leader, Smithville Times and the Westlake Picayune. Related digital offerings were also in the deal.
On April 3, Taylor told Statesman employees that no major changes will happen right away, and said GateHouse "will be super transparent" about changes. "There will be some layoffs, that's inevitable," Taylor said. He said there would also be job gains as functions for other divisions are grouped in Austin, the paper reported.