A.M. Journal Express
A.M. Journal Express was a short-lived free daily newspaper in Dallas, Texas, owned by American Consolidated Media. In its six-month life span, it lost under $5 million, according to company chairman Jeremy Halbreich. The paper started on November 12, 2003 and closed on April 30, 2004. When plans for the A.M. Journal Express were revealed in September of 2003, the Dallas Morning News took action and designed their own free daily newspaper, called Quick, which hit the streets two weeks earlier than the Journal Express.
The Dallas Morning News took hostile actions to ensure the failure of the A.M. Journal Express. Actions included confrontations with A.M. Journal distributors, the theft and vandalism of A.M. Journal's newspaper boxes, the vandalism of A.M. Journal's corporate office, the threatening of A.M. Journal's advertisers, and the vandalism of A.M. Journal employees homes. (Source: Former AM Journal Express Employee)
In January 2007, American Consolidated Media was acquired by Macquarie Media Group for $102 million, a lot of dough for ACM chief executive Jeremy Halbreich, who ran laughing all the way to the bank, without bothering to say goodbye to his employees at A.M. Journal Express.