News Corp. to Acquire Harlequin Enterprises

The News Corporation said on Friday that it would acquire Harlequin Enterprises, the publisher of bodice-ripper romance novels, for 454 million Canadian dollars, or $413 million, in cash from Torstar, the publisher of The Toronto Star.

“Harlequin is a perfect fit for the new News Corp., vastly expanding our digital platform, extending our reach across borders and languages, and is expected to provide an immediate lift to earnings,” Robert Thomson, chief executive of the News Corporation, said in a news release.

Baltimore Sun publisher buys Md. dailies

The Baltimore Sun Media Group purchased Maryland dailies The Capital in Annapolis, and the Carroll County Times, along with other dailies and affiliated websites from Landmark Media Enterprises.

Financial terms of the deal were not disclosed.

BSMG said the publications would remain separate news organizations from The Sun.

“We want these publications to remain a valued source of news and opinions on local politics, communities, sports and the arts in Anne Arundel and Carroll counties,” Timothy E. Ryan, BSMG publisher, president and CEO, said in a note to staff.

The Capital is an evening daily with a weekday print circulation of 29,000 and a Sunday print circulation of about 34,000.

The Carroll County Times, meantime, has a daily circulation of 21,000 and a Sunday circulation of about 25,000.

“The Capital and the Carroll County Times are wonderful newspapers and successful media businesses that have long provided vital news and information to residents in their regions,” said Ryan. “We look forward to using BSMG’s capabilities to build upon that tradition.”

The deal also includes the Anne Arundel County publications; Maryland Gazette, Crofton-West County Gazette, Bowie Blade News, Capital Style Magazine and the Anne Arundel County Guidebook, along with Carroll County publications; Community Times, Carroll Living, Central Maryland Homes, three Advocate newspapers, three Purchasing Power papers and the Mason-Dixon Marketplace and Shopper.

The Landmark publications employ some 200 people and The (Baltimore) Sun reported that it was unclear whether any of those people would face layoffs or job changes.

BSMG is owned by Tribun