NORFOLK, VA—Landmark Communications plans to sell the Atlanta-based Weather Channel, which has been acquiring Web sites with a weather connection through its interactive arm, according to the Virginian Pilot, which Landmark also owns.

The newspaper says the Norfolk-based company may sell its assets in pieces. They include nine daily papers in addition to the Weather Channel.

The company posted $1.7 billion in sales in 2006 and employs about 12,000 people. Its newspaper holdings include the Roanoke Times in Virginia and The News & Record of Greensboro, NC.

Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org

© 2008, TechJournal South. All rights reserved.