Dubroff: Takeaways from the News-Press’s abrupt end and newspaper industry
When I arrived on the Central Coast in the fall of 1999 to start the Business Times, the Santa Barbara News-Press represented a formidable challenge. Under the leadership of Steve Ainsley, the New York Times-owned newspaper held a position of thought leadership in the community and its reporting on environmental issues was world class. One Read More →
SBNP files for Chapter 7 bankruptcy, closes operation
Wendy McCaw, a Hope Ranch billionaire with many assets in the Santa Barbara area, is no stranger to court proceedings, but her latest filing for bankruptcy could take quite a while. On July 21, Ampersand Publishing, the controlling company for the Santa Barbara News-Press, filed for Chapter 7 bankruptcy, leading to the paper ceasing all Read More →
Portfolio watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Banc of California acquires PacWest in an all-stock deal
Santa Ana-based Banc of California is acquiring Beverly Hills-based PacWest Bancorp in an all-stock deal, the companies jointly announced on July 25. The deal, expected to close in the fourth quarter of 2023 or the first quarter of 2024, will create a combined $36 billion in total loans and assets. The bank will be based Read More →
Santa Barbara News-Press files for bankruptcy and ceases operations
Ampersand Publishing, the controlling company for the Santa Barbara News-Press, filed for Chapter 7 bankruptcy on July 21, leading to the paper ceasing all operations and putting an end to one of the longest-running newspapers in the country. The Santa Barbara News-Press, which has been publishing since 1868, has not posted anything on its website Read More →
Vital signs: California small businesses embrace online sales
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
CRE: Industrial outdoor storage at a premium due to the e-commerce craze
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
