ROSEVILLE, Calif., April 3, 2012 /PRNewswire/ -- Find n Save® announced today investment from four major media and publishing companies – Community Newspaper Holdings Inc., GateHouse Media, Inc., Lee Enterprises and The E. W. Scripps Company.
Find n Save® offers local media affiliates a full-service, local online shopping platform, designed and deployed to provide a standardized marketplace for national advertisers and an engaging shopping experience for consumers.
Today's Find n Save® announcement includes the launch of its 125 th affiliate, bringing the total number of affiliate launches in well ahead of initial forecasts. Market adoption of Find n Save® is expected to reach 275 affiliates by year-end.Find n Save® was launched in November 2011 by eight leading media and publishing companies: Advance Digital, A. H. Belo Corporation, Cox Media Group, Gannett Co., Inc., Hearst Corporation, MediaNews Group, The McClatchy Company, and The Washington Post Co. "This additional investment in Find n Save® underscores that the industry as a whole is addressing the needs of national advertisers by providing a network of local shopping portals across multiple markets that feature best-of-breed advertising products and shopping content for users. Currently with 125 Find n Save® affiliates in markets large and small across the United States, we have an unparalleled footprint," says Christopher Tippie, acting CEO of Find n Save®. "We welcome our newest shareholders and look forward to extending the reach of Find n Save® as a valuable platform for connecting local shoppers with retailers." For more information, please visit http://www.findnsave.com. About Community Newspaper Holdings, Inc.Community Newspaper Holdings Inc. is one of the leading publishers of local news and information in the United States. Founded in 1997, CNHI's daily and weekly newspapers, web and mobile sites and niche publications serve and engage more than 130 communities throughout the eastern half of the United States. CNHI publications reach and inform nearly 12 million people every month in 23 states. CNHI is a privately owned company based in Montgomery, AL. About GateHouse Media, Inc.GateHouse Media, Inc., headquartered in Fairport, New York, is one of the largest publishers of locally based print and online media in the United States as measured by its 79 daily publications. GateHouse Media currently serves local audiences of approximately 10 million per week across 21 states through hundreds of community publications and local websites. GateHouse Media is traded in the over-the- counter market under the symbol "GHSE." For more information regarding GateHouse Media and to be added to our email distribution list, please visit www.gatehousemedia.com.
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