Freedom Communications Creates New Interactive Media Division
Posted on May 21, 1999Freedom Communications, Inc. has established Freedom Interactive Media, a new division that will launch and manage community specific and customer interest web businesses as well as investments in new media companies, announced Freedom President and CEO James N. Rosse.
Freedom Communications is a diversified media company of 27 daily newspapers, 35 weeklies, 22 magazines and eight broadcast television stations. Greg Hurst, formerly Freedom's vice president of new technologies, has been named president of Freedom Interactive Media. The new division will be based at Freedom's headquarters in Irvine.
"Freedom has reached a point in both size and expertise in new technology where having an Interactive Media Division is important for our future growth," Rosse said. "We are in the information and entertainment business and in the business of serving consumers and advertisers. The Internet is a natural and important extension of that business. We are fortunate to have someone with Greg Hurst's experience and stature to lead us in this new venture."
Although Freedom Interactive Media's new community and customer web businesses will operate as stand alone businesses, Rosse stressed they will have strong relationships with the company's existing newspaper, television and magazine properties.