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Wednesday, January 19, 2011

EWTN Acquires National Catholic Register

I think this is an excellent match. Both EWTN and the National Catholic Register are orthodox and are faithful to true Church teachings.

The Eternal Word Television Network has announced plans to acquire one of the most prominent Catholic publications in the United States, the National Catholic Register.

“The Register is a perfect addition to our teaching apostolate,” said EWTN's President and CEO Michael Warsaw as he made the move public. “I am very pleased and excited that the Register will now be a part of the EWTN family.”

The change in ownership was announced in Birmingham, Ala. on the morning of Jan. 19, and will be finalized at the end of January.

EWTN has signed a letter of intent to acquire the publication from its current owners, the Legion of Christ. Under the terms of the agreement, no cash will be exchanged. EWTN will take over the ongoing operational expenses of the Register and will assume its future subscription liabilities effective on February 1st.

Warsaw said that EWTN intends to continue the Register's tradition of providing “faithful Catholic reporting on the issues of the day,” while also expanding the publication's reach. “It's a tremendous legacy that deserves not only to be preserved, but also to grow and to flourish,” he stated.


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