take the time to read this

[luckyleftyme2]

what few Mainers take the time to read:
When Maine Values LLC, a company controlled by Donald Sussman, first agreed in 2012 to invest in MTM, the stated intention was to ensure the company survived and continued its role in the community. Sussman invested more than $13 million to expand the Portland newsroom, hire a marketing team, build a digital development team and upgrade every underlying system that supports the organization. MTM has increased circulation and enabled a web paywall strategy.
In addition to the broader industry challenges all newspapers are facing, two major challenges particular to MTM have impeded its path forward: outstanding debt inherited when Maine Values LLC acquired the papers; and the cost of printing the papers on expensive, aging presses. The sale to MTM Acquisition Inc. resolves the balance sheet problem — all proceeds from the sale will go to pay the debt, with the bank receiving the vast majority of the proceeds to retire its loan; and addresses the production challenge by putting the company in the hands of an experienced commercial printer and newspaper operator.
In an era when newspapers are being aggregated by national companies and private investment firms, an important criterion in selecting a new owner for MTM was a devotion to the community, common values, a sense of civic responsibility and a passion for producing a best-in-class newspaper. Among the offers Sussman considered were ones from out of state, and ones offering a larger purchase price. He decided to sell the company to MTM Acquisitions Inc. to keep the company in Maine and because “Reade respects what we have built and appreciates the responsibility of being the steward of our newspaper brands,” according to the notification letter sent to the MTM team.
you see opposite to those narrow minded spoon fed gossip eaters it took someone with money to save our maine newspaper.
Brower, who has lived in Maine for more than 35 years, has continuously invested in Maine media properties — most recently VStv, the new local cable news channel that debuted in January. For his comments on the acquisition, see his column linked below and on the op-ed pages of the April 30 edition of the Courier Publications LLC papers.
like so few in this state I had a job where I traveled all over this state for a living when I was younger. tv at that time was poor and usually snowy. radio was am and the only thing you could count on was wheeling west virginia after 10pm in the northern counties. not only did I deliver the portland paper when I was a boy but I read it daily most of my life. I wish the new owners the best (and I don't care if your republican or democrat ) I hope you carry on and prosper! Because we Mainers need your service !
GOOD LUCK
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Joe Mac THIS SHOULD BE NOTED BY ALL THE NEGATIVE NAY SAYERS ABOUT MR SUSMAN AND GIVE YOU AN IDEA OF THE CHARACTER OF SOME NAYSAYERS:
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Joe Mac all proceeds from the sale will go to pay the debt, with the bank receiving the vast majority of the proceeds to retire its loan; and addresses the production challenge by putting the company in the hands of an experienced commercial printer and newspaper operator.
5 mins · Like

Joe Mac HOW SOON THEY FORGOT THAT THE STATE WENT AFTER AND SOUGHT A SAVIOR FOR THE PAPER WHICH WAS ABOUT TO FOLD IN 2011.
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Joe Mac

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how many times have we heard the trash talkers on the right attack "MR Sussman" simply to for political gain. how about the lip service from the gov. for one.