Exhibit 99.1

                                                         Contact: Ronald A. Mayo
                                                         Phone: 303-563-6464



MediaNews Group, Inc.
Announces Proposed Issuance of $150 Million Senior Subordinated Notes

Denver, CO -- (BUSINESS WIRE) - January 14, 2004 -- MediaNews Group, Inc. (the
"Company") today announced that it proposes to issue $150 million of Senior
Subordinated Notes (the "2004 Notes"). The 2004 Notes will be issued in private
placements and are expected to be resold by the initial purchasers to qualified
institutional buyers under Rule 144A of the Securities Act of 1933, and the 2004
Notes may be sold outside of the United States in accordance with Regulation S
under the Securities Act of 1933.

The Company currently intends to use the net proceeds of the sale of the 2004
Notes to repurchase or redeem its outstanding 8-5/8% Senior Subordinated Notes
due 2011, which notes are subject to optional redemption by the Company
commencing July 1, 2004. Pending such repurchase or redemption of such notes,
the net proceeds of the sale of the 2004 Notes will be used to repay revolving
credit borrowings, to invest in investment securities and/or for other working
capital purposes.

The 2004 Notes to be offered have not been registered under the Securities Act
of 1933 and may not be offered or sold in the United States absent registration
or an applicable exemption from registration requirements. This news release
shall not constitute an offer to sell or a solicitation of an offer to buy such
2004 Notes in any jurisdiction in which such an offer or sale would be unlawful
and is issued pursuant to Rule 135c under the Securities Act of 1933.

Forward Looking Statements

This announcement includes forward-looking statements. MediaNews Group, Inc. has
based these forward-looking statements on its current expectations and
projections about future events. Although MediaNews Group, Inc. believes that
its assumptions made in connection with the forward-looking statements are
reasonable, no assurances can be given that its assumptions and expectations
will prove to have been correct, including without limitation the success of the
proposed offering and the intended use of proceeds. These forward-looking
statements are subject to various risks, uncertainties and assumptions.
MediaNews Group, Inc. undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. In light of these risks, uncertainties and assumptions, the
forward-looking events discussed in this announcement might not occur.