Portico Sells Columbia Free Times

Columbia Free Times has been acquired by Resorts Media LLC, a company founded by news industry veteran Charlie Nutt.

Nutt, who spent 36 years operating various Gannett Co. newspapers, will take over as publisher of Free Times, according to a press release:

Nutt described Free Times as “a very good newspaper with a strong staff.” He said he hopes to build on that strength and also expand the company’s digital offerings.

Bill Chapman, chairman of Portico Media SC, said: “It feels good to be putting the Free Times back in the hands of a Columbia-based owner. I feel we did some great things there but are now turning our attention back to our Virginia publications. Our staff, readers and customers are in good hands with Charlie.”

Portico still owns C-Ville Weekly in Charlottesville, Va.

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