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Tuscaloosa, Alabama, USA
Carpenter Media Group (CMG) is a Tuscaloosa, Alabama-based community newspaper company chaired by Todd Carpenter.
Carpenter Media Group grew out of Carpenter Newsmedia, LLC, a company owned by Todd H. Carpenter, who previously served as CEO and director of Boone Newsmedia, Inc. Carpenter Media Group and Boone Newsmedia separated their previously jointly owned properties in 2023 and 2024. For some acquisitions, such as Black Press Media, Carpenter Media Group has taken a partial ownership stake alongside outside institutional investors rather than sole ownership.
Todd Carpenter's father, Jerry Carpenter, began working for Buford Boone's Tuscaloosa News in 1959. Todd Carpenter served as CEO of Boone Newsmedia for nearly a decade before breaking off to build his own company beginning in 2023. Carpenter Media Group grew from about 27 publications in March 2024 to more than 250 by 2025 through a rapid series of acquisitions.
Sources
Columbia Journalism Review. Carpenter Media's Ominous Takeover of Local News
Carpenter Media Group. Our Team
Carpenter Media Group. Chairman's Message