New Media Announces Launch of Public Offering of Common Stock

4/5/18

NEW YORK--(BUSINESS WIRE)--New Media Investment Group Inc.announced today that it launched a public offering of 6,000,000 shares of its common stock. The underwriter may offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. In connection with the offering, New Media has granted the underwriter an option for 30 days to purchase up to an additional 900,000 shares of New Media’s common stock.

About New Media Investment Group Inc.

New Media supports small to mid-sized communities by providing locally-focused print and digital content to its consumers and premier marketing and technology solutions to its small and medium business partners. The Company is one of the largest publishers of locally based print and online media in the United States as measured by its 142 daily publications. As of December 31, 2017, New Media operates in over 565 markets across 38 states, reaching over 22 million people on a weekly basis and serving approximately 215,000 business customers.