July 9, 2018 – Fast-growing local media company American Hometown Publishing Inc. announced today it has acquired the Osceola News-Gazette newspaper, based in Kissimmee, Fla., from Lakeway Publishers Inc.
“We continue to focus on acquiring free-distribution hyperlocal news products in growing destination markets and the Osceola News-Gazette is an ideal addition to our portfolio,” said AHP CEO Brad Dennison. “We see a wonderful opportunity to build engaging print and digital products, and a large audience in central Florida.”
Kissimmee, Fla., is situated just minutes from Disney World, and Osceola County has exploded from about 25,000 residents in 1970 to more than 325,000 today. The Osceola News-Gazette publishes twice weekly and is carrier-delivered to about 40,000 households that request the publication.
“We’re ecstatic to be joining American Hometown Publishing,” said Osceola News-Gazette Publisher and media veteran Tom Overton. “It’s a company that specializes in operating free print and digital content products in fast-growing markets, and our readers and advertisers are in for exciting new twists.”
Since October 2017 AHP has acquired three media properties and launched an innovative hyperlocal news product in Nashville called Rover (www.rovertoday.com). In addition to its Florida holdings – which also include The Islander News in Key Biscayne, near Miami – American Hometown Publishing owns and operates community newspapers, websites and magazines in North Carolina, Tennessee, Virginia and Oklahoma. AHP also operates a digital marketing services business called Hometown Digital Solutions. Brokerage firm Cribb, Greene & Cope represented the seller.