Hyper-Local Pegasus Goes National

July 17, 2007

My PhotoMike Orren, the founder of Dallas based Pegasus News, has announced the sale of his business to Fisher Communications Inc.  Pegasus will continue to operate from Dallas (Fisher is based in Seattle).  Mike’s comments from the press release:

With the Fisher deal, Pegasus News enters the next stage of growth, said Mike Orren, president of Pegasus News. We have been doggedly committed to delivering local news and advertising of unparalleled relevance to our community, and were excited to have found a partner who understands the importance and value of local and niche information. We look forward to accelerating our growth and to reaching more cities, towns and neighborhoods over the coming year.

Fisher is a fairly substantial business, owning 19 TV stations and 8 radio stations in the Pacific Northwest.  We wish our friend the best!   

 

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