-
Radio Veteran John Lynch A Partner In Purchase Of San Diego Union-Tribune
November 18, 2011 at 4:49 AM (PT)
What do you think? Add your comment below. -
Longtime SAN DIEGO market radio operator JOHN LYNCH is a partner in the company, headed by hotel owner DOUG MANCHESTER, that is buying the SAN DIEGO UNION-TRIBUNE for $110 million. The deal is controversial in the market because MANCHESTER is a politically active business owner who has been the subject of extensive coverage by the paper in the past.
The paper is being acquired by MANCHESTER and LYNCH's MLIM from PLATINUM EQUITY, which bought the paper from longtime owner COPLEY PRESS three years ago for about $35 million. LYNCH, a former PITTSBURGH STEELERS linebacker and father of former TAMPA BAY BUCCANEERS, DENVER BRONCOS, and NEW ENGLAND PATRIOTS safety JOHN LYNCH, JR., was the founder of BROADCASTING COMPANY OF THE AMERICAS, operator of Sports XEPRS-A (XX 1090), Sports XEPE-A (ESPN 1700), and Classic Hits XHPRS (105.7 THE WALRUS), until his ouster in 2010 and previously managed NOBLE BROADCASTING, which was sold to JACOR in 1996.
He has also worked in sales at WIND-A/CHICAGO and KFMB-A-F/SAN DIEGO.