Texas Hearst paper acquires local classifieds site

05 May 2015

Here’s something we haven’t seen much of in recent years: A local newspaper investing in a local classifieds business.

The Beaumont (Texas) Enterprise – a Hearst daily – acquired classified marketplace SoutheastTexas.com and related properties from Virtual Communities Inc. Terms were not disclosed.

SoutheastTexas.com serves Beaumont, Port Arthur and Orange, Texas, with extended

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The AIM Group, formally the Advanced Interactive Media Group LLC, is the world’s leading consultancy in interactive media and classified advertising. We publish Classified Intelligence Report, a continuous advisory service known as “the bible of the classified advertising industry.”