Irondale, AL (EWTN) – EWTN Global Catholic Network has signed
a letter of intent to acquire the National Catholic Register,
the nation’s leading Catholic newspaper.
“I am very pleased and
excited that the Register will now be a part of
the EWTN family,” said Michael P. Warsaw, the Network’s president
and chief executive officer. “All of us at EWTN have
great respect for the Register and the role it has
played throughout its history. It’s a tremendous legacy that deserves
to not only be preserved, but also to grow and
“I believe that EWTN will be able to
provide the stability that the Register needs at this time
as well as to give it a platform for its
growth in the years ahead. We’re proud to be able
to step in and carry on both the Register’s name
and its tradition of faithful Catholic reporting on the issues
of the day,” noted Warsaw.
Under the terms of the
transaction, no cash will be exchanged between the parties. EWTN
will take over the ongoing operational expenses of the Register
and will assume the paper’s future subscription liabilities.
of the Register is the latest in EWTN’s efforts to
expand its news presence in the global Catholic digital and
multimedia market. At the start of 2010, EWTN entered into
a partnership with the Catholic News Agency (CNA), a Denver-based
independent Catholic news media outlet with bureaus in North and
South America and Europe. Under that agreement, EWTN and CNA
are sharing news resources and have created a joint news
service found at www.ewtnnews.com. That arrangement was recently expanded
to include a new original Spanish-language news service, EWTN Noticias,
(www.ewtnnoticias.com) launched in January 2011.
EWTN Global Catholic Network
provides multimedia services to more than 140 countries and territories.
The Network transmits nine separate television channels in several languages
to audiences around the world. It also operates multiple radio
services including a network of hundreds of AM and FM
stations, a Sirius satellite radio channel, and a global shortwave
radio service. EWTN’s main website, www.ewtn.com, draws more than
20 million unique visitors annually.
The National Catholic Register grew
out of Denver’s Catholic Register, which began on Aug. 11,
1905. Under the leadership of Msgr. Matthew Smith, the Register
System of Newspapers was developed, with the first national edition
appearing on Nov. 8, 1927. It was acquired by the
Legion of Christ in 1995.
The National Catholic Register has
published its own story on the acquisition at this link.