New company buys Reporter and Regional News
A new chapter in Southwest Suburban journalism began this week, with the sale of The Reporter and The Regional News to a company dedicated to excellence and service.
The two weekly newspapers that had been owned by the Regional Publishing Corp., as well as the company’s printing press, Palos Heights headquarters and other assets, have been acquired by Southwest Community Publishing Co. The new entity will be called Southwest Regional Publishing Co.
Terms of the purchase were not disclosed.
The move closes the book on the Richards family’s ownership of the two newspapers. The Richards family has owned The Regional for 67 years. The Regional, founded in 1941 and currently the oldest business in Palos Heights, was purchased by the Richards family in 1947. Carl Richards worked during his high school years as the “printer’s devil” at a small weekly newspaper in the Ozarks when he decided someday he wanted to own and publish his own community newspaper. The family purchased The Reporter in 1986.
Former owner Charles Richards succeeded his father Carl Richards as publisher and served until his retirement in 2005. For more about the sale of The Reporter, see his “Let me say this about that” column on Page 6 of this week’s edition
The Southwest Regional Publishing Co. is affiliated with the Southwest Community Publishing Co.
It is an owner and operator of now five weekly newspapers in the Southwest Suburbs, including the Desplaines Valley News, Southwest News-Herald and Clear-Ridge Reporter. With the addition of The Reporter and Regional News, their combined coverage territory spans from Countryside and McCook in the north through Orland Park in the south.
Founded in 2012, the company is chaired by Steve Landek and includes veteran newspaper operator Mark Hornung.
The new company announced that Amy Richards, publisher of The Regional News and The Reporter, will remain in her current post.
“We are honored that Amy Richards has chosen to lead our team in Palos Heights and Oak Lawn,” said Steve Landek, chairman of Southwest Community Publishing Co. “Our agenda is to continue this proud tradition of the Richards family of comprehensive news coverage while we modernize the commercial aspects of the business in a challenging environment.”
The Reporter serves Oak Lawn, Evergreen Park, Chicago Ridge, Worth, Hickory Hills, and Palos Hills.
The Regional News serves Palos Heights, Palos Park, and Orland Park.