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Newsy sold to E.W. Scripps for $35 million

Monday, December 9, 2013 | 8:50 p.m. CST; updated 9:55 p.m. CST, Monday, December 9, 2013

COLUMBIA — Newsy, the Columbia-based digital video news provider, has been sold to E.W. Scripps Co. for $35 million.

The sale is expected to close Jan. 1, according to a news release from E.W. Scripps, which owns 19 television stations and 13 newspapers across the U.S.

Newsy, which was founded in 2008 and has 35 employees, has a partnership with the MU School of Journalism that allows students to earn course credit while working there. It is run out of an office at 904 Elm St.

"Leveraging the power of Scripps and Newsy together means reaching more consumers with the quality journalism they expect on a larger variety of platforms," Newsy founder and CEO Jim Spencer said in the news release.

Supervising editor is Richard Webner.

 


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