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Tuesday, February 5, 2008

This is not about Clear Channel

The Texas Observer takes a look at the activities of the Macquarie Media Group

It’s worth noting that the Macquarie Media Group has gobbled up more than 100 small town U.S. newspapers since last year, including the Dallas-based American Consolidated Media, which owns a number of small papers in Texas. Just this month it bought the Glen Rose Reporter in Glen Rose, south of Fort Worth. Its acquisitions make the Macquarie Media Group’s American Consolidated Media — the 5th largest regional newspaper publisher in the United States.

Why should we care? Because Macquarie Infrastructure Group has made several bids to build toll roads in Texas and across the United States. One of the Macquarie Media Group’s acquisitions is the Alice Echo-News, the homepage of which currently sports a web banner touting the I-69 Trans Texas Corridor public meetings. This is part of the same media campaign which angered legislators such as Senator John Carona (R-Dallas) chair of the Senate Transportation and Homeland Security Commission. The “Keep Texas Moving” media campaign is costing TxDOT up to $9 million. Meanwhile, TxDot says it will delay more than $1 billion worth of projects this year because it doesn’t have enough money, a claim that many legislators and citizens alike find laughable.

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