Newly Formed Euclid Media Group to Acquire Times-Shamrock Alternative Weekly Properties

CLEVELAND, OH— Newly formed Euclid Media Group announced today that it
has purchased four alternative weekly properties formerly owned by Times-
Shamrock Communications of Scranton, PA. The purchase includes the
Cleveland Scene, the Detroit Metro Times, Orlando Weekly and the San Antonio
Current as well as their associated websites and events.

Euclid Media will be based out of Cleveland, OH, and led by seasoned media
executives, Chris Keating of Shaker Heights, OH and Michael Wagner, of San
Antonio, TX, along with Andrew Zelman of Cleveland, Ohio. Keating and Wagner
had been two of the publishers operating properties for Times-Shamrock.

Of the acquisition, Chris Keating said, “The strength of our brands has always
centered on serving our local communities with excellent journalism. This will be
no different as we expand our digital and mobile content and allow our
advertisers to target our local audience. Not only do we see growth opportunities
within the digital space, but also through the expansion of our events, creative
services, and other niche publications.”

Under the terms of the sale, Euclid Media Group will own and operate the
following print publications, corresponding digital and event properties: Scene
(Cleveland), Metro Times (Detroit), Orlando Weekly (Orlando) and Current (San
Antonio).

Andrew Zelman added, “I am excited about the opportunity to work with Chris
and Michael and about the prospects of growing the business and serving our markets for a long time. These publications and websites all play a prominent
role in the communities they serve and we are planning to continue that
tradition.”

Euclid Media will continue to provide hard-hitting, culturally savvy alternative
journalism in each of its local markets, growing each brand’s audience across
multimedia platforms.



About Euclid Media: Euclid Media is a privately held media company formed in 2013 to
acquire the San Antonio Current, the Detroit Metro Times, the Cleveland Scene and
Orlando Weekly. Euclid Media is focused on the multimedia production of relevant news
and events for the culturally engaged consumer.

About the Cleveland Scene: The Scene is Cleveland’s award-winning source of hardhitting
journalism, compelling feature writing and insightful commentary. For more info,
visit www.CleveScene.com.

About the Detroit Metro Times: For more than 30 years Metro Times has been
Detroit’s premiere alternative source for news, arts, culture, music, film, food, fashion
and more. For more info, visit www.MetroTimes.com.

About Orlando Weekly: The Orlando Weekly has served as Orlando’s award-winning
alternative newsweekly since the 1980s. Readers turn to the magazine each week for its
events calendar and coverage in movies, local music, arts and culture and food. For
more info, visit www.OrlandoWeekly.com.

About the San Antonio Current: The San Antonio Current has served as the city’s only
award-winning multimedia source of alternative news, events and culture since 1986.
The Current provides readers with incisive investigations, thought-provoking
commentary and compelling coverage of the city’s cultural landscape. Fore more info,
visit www.SACurrent.com.

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