Oregon Media Insiders

Paul Allen's Vulcan Sports Media is selling its radio, internet and print properties to American City Business Journals for an undisclosed sum:

"Sporting News is a strong brand that we believe has considerable upside in print, online and on-air platforms," said Ray Shaw, American City chairman and CEO.

Sporting News magazine, which is based in St. Louis, has been published without interruption since 1886 and currently reaches 700,000 subscribers and 3.9 million total readers every week. It was named to Adweek magazine's "Hot List" as one of the country's top magazines in 2004 and 2005.

The company's publishing, online and radio network units were assembled through a series of acquisitions in 2000 and 2001. In 2000, Vulcan acquired the publishing and online units from Times Mirror Co. and bought the radio network operations of One-on-One Sports later that year. It added online fantasy games company Small World Sports in May 2001.

Allen also owns Rose City Radio, aka KXL--for now, anyway. ACBJ publishes the Portland Business Journal, and is itself owned by Newhouse/Advance, the owners of the Oregonian. (See why I hate media consolidation so much? It makes for too much typing.) The deal is expected to close in October.