Your friendly local altweekly was put up for sale by Times-Shamrock, our previous owner, back in August, along with other papers in its portfolio. Since then, it's been business as usual around these parts except for that pesky "For Sale" sign sitting in our front yard.

Today, that sign was taken down.

Euclid Media Group, a newly formed company led by Scene publisher Chris Keating, San Antonio Current publisher Michael Wagner, and Clevelander Andrew Zelman, completed the purchase of Scene.

It's all good news: Your paper is now locally owned, we're not going anywhere, and the ownership group is committed to building on Scene's strong tradition in Cleveland that dates back to 1970.

Euclid Media Group also purchased three other altweeklies from Times-Shamrock: the San Antonio Current, Orlando Weekly, and the Detroit Metro Times.

The press release from the new ownership group is below.