SAN MARINO, Calif.--(BUSINESS WIRE)--Paladin Capital Partners, LLC today announced that it has become a partner in Gavilan Media and will manage the three Gavilan Media publications in Los Angeles County.
Paladin executives Charles “Chuck” Champion and Gary Sproule assumed leadership of the San Marino Tribune, South Pasadena Review and The Quarterly Magazine on March 1. Both are accomplished newspaper executives with deep ties to southern California. The two Paladin principals recently revitalized local news and publishing operations at the Santa Clarita Valley Signal.
Champion, who is President-elect of the California News Publishers Association, will act as President and Publisher of the Gavilan publications. Sproule will serve as Chief Financial Officer (CFO) and Chief Operating Officer (COO).
Champion said that Paladin and Gavilan are eager to build on the platforms of the three publications. Gavilan’s workforce will remain entirely intact. The company currently employs professionals in its editorial, advertising sales, circulation, digital and production departments.
“We believe in the critical role that journalism plays in community development,” he said. “It is the resource that ensures informed votes and meaningful connections in the community. The Tribune and Review are already go-to news sources in this community. We hope to build on that reputation to help widen the audience and become an even stronger vehicle for advertisers.”
Gavilan co-owner Carie Salter said that the partnership with Paladin was the right step in the company’s evolution.
“We needed people with strong print and digital management capabilities to help the combined Gavilan properties reach the next level,” she said. “Chuck and Gary have proven track records with daily circulation print publications and with the development of interactive digital media platforms. We are very excited that they are on board.”
The Tribune and Review serve two of the most storied communities in southern California. South Pasadena citizens voted overwhelmingly to incorporate in 1888 and when the Pacific Short Line developed the town, it became one of the first suburbs of Los Angeles. San Marino’s first mayor was former Los Angeles County District Attorney George S. Patton, Sr., whose son George S. Patton, Jr. was the famous World War II general.
Champion grew up in southern California and started his newspaper career with the Valley News and Greensheet / Daily News of Los Angeles. He went on during his 35-year newspaper career to serve as an executive with the Orange County Register, Chicago Sun-Times, the Philadelphia Inquirer and Daily News, and Access Media, Inc. He also served as President and Publisher of the Santa Clarita Valley Signal.
Sproule made his mark in digital media. He is the former CFO of Disney Interactive Studios and previously served as COO of WhatsHotNow.com and Magnet Interactive. He was also COO of Unocal’s 76 Retail Products Company where he was responsible for the “76” brand in 3,000 locations covering 23 states.
Sproule and Champion built Youbet.com, an internet horse racing platform, into a billion-dollar business that was eventually acquired by Churchill Downs, Inc.
About Gavilan Media
Gavilan Media owns and operates three local media properties in the San Gabriel Valley: San Marino Tribune, South Pasadena Review and The Quarterly Magazine.
About Paladin Capital Partners, LLC
Paladin Capital Partners, LLC is a California-based firm that invests primarily in media companies with targeted high growth prospects. The firm focuses on properties that have established readership, underdeveloped digital assets, and/or substantial online reach. The company’s objective is to provide management expertise and intellectual property resources as a way to facilitate expansion and commercial growth.
