After 23 years, the St. Louis Globe-Democrat may be back. A free web-only paper will launch Dec. 8 at globe-democrat.com.
The Globe-Democrat, owned by Newhouse, was half of a JOA with the St. Louis Post-Dispatch, owned by Pulitzer. The Globe-Democrat changed ownership in 1984 (and closed two years later), but Newhouse continued to make money from the JOA. Lee bought the Post-Dispatch in 2005, and bought out most of the remaining Newhouse interest. Earlier this year, Lee bought the last 5 percent.