April 3, 2012
Find n Save Announces Additional Investment by Four More Major Media and Publishing Companies; Launch of 125th Affiliate
ROSEVILLE, Calif., April 3, 2012 /PRNewswire via COMTEX/ -- Find n Save announced today investment from four major media and publishing companies - Community Newspaper Holdings Inc., GateHouse Media, Inc., Lee Enterprises and The E. W. Scripps Company.
Find n Save® offers local media affiliates a full-service, local online shopping platform, designed and deployed to provide a standardized marketplace for national advertisers and an engaging shopping experience for consumers.
Today's Find n Save® announcement includes the launch of its 125th affiliate, bringing the total number of affiliate launches in well ahead of initial forecasts. Market adoption of Find n Save is expected to reach 275 affiliates by year-end.
Find n Save® was launched in November 2011 by eight leading media and publishing companies: Advance Digital, A. H. Belo Corporation, Cox Media Group, Gannett Co., Inc., Hearst Corporation, MediaNews Group, The McClatchy Company, and The Washington Post Co.
"This additional investment in Find n Save® underscores that the industry as a whole is addressing the needs of national advertisers by providing a network of local shopping portals across multiple markets that feature best-of-breed advertising products and shopping content for users. Currently with 125 Find n Save affiliates in markets large and small across the United States, we have an unparalleled footprint," says Christopher Tippie, acting CEO of Find n Save®. "We welcome our newest shareholders and look forward to extending the reach of Find n Save® as a valuable platform for connecting local shoppers with retailers."
For more information, please visit http://www.findnsave.com .
About Community Newspaper Holdings, Inc.Community Newspaper Holdings Inc. is one of the leading publishers of local news and information in the United States. Founded in 1997, CNHI's daily and weekly newspapers, web and mobile sites and niche publications serve and engage more than 130 communities throughout the eastern half of the United States. CNHI publications reach and inform nearly 12 million people every month in 23 states. CNHI is a privately owned company based in Montgomery, AL.
About GateHouse Media, Inc.GateHouse Media, Inc., headquartered in Fairport, New York, is one of the largest publishers of locally based print and online media in the United States as measured by its 79 daily publications. GateHouse Media currently serves local audiences of approximately 10 million per week across 21 states through hundreds of community publications and local websites. GateHouse Media is traded in the over-the- counter market under the symbol "GHSE."
For more information regarding GateHouse Media and to be added to our email distribution list, please visit www.gatehousemedia.com .
About Lee EnterprisesLee Enterprises is a leading provider of local news and information, and a major platform for advertising, in its markets, with 48 daily newspapers and a joint interest in four others, rapidly growing digital products and nearly 300 specialty publications in 23 states. Lee's newspapers have circulation of 1.3 million daily and 1.7 million Sunday, reaching nearly four million readers in print alone. Lee's websites and mobile and tablet products attracted 22.7 million unique visitors in January 2012. Lee's markets include St. Louis, MO; Lincoln, NE; Madison, WI; Davenport, IA; Billings, MT; Bloomington, IL; and Tucson, AZ. Lee Common Stock is traded on the New York Stock Exchange under the symbol LEE.
About The E. W. Scripps CompanyScripps ( www.scripps.com ) delivers quality journalism and creates valuable marketing environments through television stations, newspapers and a growing menu of digital products and services that now includes social games. Creative and mission-driven employees "give light so the people can find their own way" at 19 television stations in major U.S. markets and at newspapers in 13 markets.
About Find n Save® Find n Save® is a dynamic and powerful local search platform where consumers can find the best local shopping offers...regardless of source. Leveraging the power of local media and advanced search and database technology, Find n Save® is the most comprehensive and extensive local shopping solution. Whether it's through sophisticated search functionality, email notifications or social media outlets, consumers can always locate the best deals via Find n Save®.