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

This post is only available to members.

AIM Group

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.”