EWTN acquires Catholic News Agency and Spanish-language ACI Prensa

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EWTN Global Catholic Network, founded by Mother Angelica, has its international headquarters in Irondale, Ala. (EWTN)

By Greg Garrison | [email protected]
on June 19, 2014 at 1:36 PM, updated June 19, 2014 at 1:54 PM

IRONDALE, Alabama – EWTN Global Catholic Network today announced that it has acquired the Denver-based Catholic News Agency and its sister organization, ACI Prensa, the world's largest Spanish-language Catholic news organization with headquarters in Lima, Peru.

"EWTN has been a partner with both Catholic News Agency and ACI Prensa for many years in creating and distributing Catholic news content, and I am very pleased and excited that these two highly respected news organizations will become a part of the EWTN family of services," said Michael P. Warsaw, the Network's chairman of the board and chief executive officer.

"Since its founding a decade ago, CNA has proven itself to be a valuable source for reporting on important issues of the day that are of interest to Catholics and non-Catholics alike," Warsaw said. "ACI Prensa has been the world's leading outlet for Spanish-language Catholic news and reporting. ACI Prensa will be a perfect fit alongside EWTN's other services including our Spanish-language television, radio and web-based services."

Under the terms of the transaction, no cash will be exchanged between the parties. EWTN will assume control of all ongoing activities of the two organizations. Alejandro Bermudez, a member of the Sodality of Christian Life who is currently the executive director of both CNA and ACI Prensa Group, will continue to serve in that capacity.

http://www.al.com/living/index.ssf/2014/06/ewtn_acquires_catholic_news_ag.html