Exhibit 99.1

Investor Relations

ir@newmediainv.com

(212) 479-3160

    New Media Announces Second Quarter 2015 Results and Dividend of $0.33 per Common Share    

NEW YORK, N.Y. July 30, 2015 – New Media Investment Group Inc. (“New Media” or the “Company”, NYSE:NEWM) today reported its financial results for the second quarter ended June 28, 2015.

Financial Summary

Business Highlights

Summary of Second Quarter 2015 Results

“I’m very pleased to announce another strong quarter for New Media supported by our robust financial results, successful execution of our acquisition strategy, and strong cash flow generation,” said Michael E. Reed, New Media President and Chief Executive Officer. “During the second quarter, the Company

generated total revenues of $299.5 million, As Adjusted EBITDA of $42.4 million, and free cash flow of $33.2 million, an increase of 89.0%, 74.5%, and 69.4% vs. the prior year, respectively. On a same store basis, total revenues decreased 3.5% vs. prior year driven primarily by pressure on our Local Print Advertising and Preprints categories.

“For the last twelve months, excluding tuck-in acquisitions, total revenues for the Company decreased 4.1%; however, revenue we have owned for over one year performed much better, decreasing 3.2%, highlighting the improvement we believe is due to the Company having time to execute on its operational strategy. We are very proud that most of the publications we have owned for more than one year have better revenue trends than the papers we recently acquired, and better trends than the industry at large. Further, we expect our revenue trends to improve, gradually reaching flat within the next two years. In the meantime, we believe we can shield our cash flows from topline declines through measured expense reductions at our acquired properties, and remain confident in our ability to continue to grow free cash flow and our dividend.

“Near-term, in order to maintain flat same store revenue trends, we believe New Media needs to complete approximately $20 to $40 million of tuck-in acquisitions per year, funded with organically generated cash. This assumes a 3% to 5% decline in same store revenues, in line with the revenue declines we have seen over the past 12 months. We believe this level of acquisitions is highly achievable given the Company’s strong free cash flow generation and proven track record of successfully identifying and acquiring local media assets. While accretive acquisitions are driving the Company’s growth near-term, we believe New Media’s maturing digital initiatives will lead to long-term organic growth.

“In addition to our strong Q2 financial results, New Media also closed the acquisition of The Columbus Dispatch for $47.0 million. The family-owned daily newspaper, first published in 1871, is the longstanding, flagship daily newspaper serving the Columbus, Ohio area. Since inception, New Media has announced $585.8 million of acquisitions at an average 4.1x LTM As Adjusted EBITDA. After factoring in estimated net synergies for the deals we have completed, the multiple reduces further and we will generate levered yields of over 40% for the Company.

“Our strategy and commitment to create value for shareholders has been consistent since becoming a public company in early 2014. We intend to generate substantial value for shareholders by completing accretive acquisitions, investing in print and digital initiatives to drive long-term organic growth, and returning a significant portion of our stable cash flows to shareholders in the form of a dividend. As New Media has grown through acquisitions, we have raised our dividend twice, or 22%, since the prior year, highlighting our commitment to return a significant portion of our stable free cash flow to investors. Looking ahead, we continue to believe our position as a leading source of local news in the markets we serve, and our strategic investments, will continue to generate substantial value for our shareholders.”

Second Quarter 2015 Financial Results

New Media recorded total revenues of $299.5 million for the quarter, an increase of 89.0% when compared to the prior year, and a decrease of 3.5% on a same store basis. Excluding the benefit from tuck-in acquisitions, total revenues decreased 5.3% and total revenues owned for more than one year decreased 3.9% to prior year.

Total Print Advertising decreased 7.1% on a same store basis driven by Preprints and Local Display which decreased 11.2% and 7.9%, respectively. Preprints fell under pressure in the second quarter driven by several major retailers decreasing their volume, and multiple retail store closures in our markets. Classified Print revenue decreased 2.0% on a same store basis; however, obituaries revenue, a subcategory of Classified Print, continues to be a strong category.

New Media’s Digital revenue of $27.0 million contributed positively to the Company’s strong revenue performance increasing 10.7% on a same store basis. Propel, our digital marketing services business, increased 75.8% to the prior year on a same store basis.

Circulation, our largest individual revenue category at nearly one-third of total revenues, continues to be a stable category with revenue increasing 0.4% on a same store basis. Finally, Commercial Print and Other revenue decreased 6.9% to the prior year on a same store basis, with nearly half of the decline driven by recent acquisitions shifting from external print relationships to internal, as they are now part of New Media.

Total expenses decreased 2.9% to the prior year, on a same store basis, totaling $257.1 million, after adjusting for non-recurring and non-cash items. Excluding the additional expense from tuck-in acquisitions, on a same store basis, total expenses decreased 5.5% to prior year, totaling $250.1 million. Organizational efficiency continues to be a central strategic priority, and as the Company continues to grow through acquisitions, we believe we will continue to be able to leverage our scale to increase our buying power.

As Adjusted EBITDA of $42.4 million increased $18.1 million, or 74.5%, over the prior year. Free cash flow of $33.2 million increased 69.4% over the prior year to $0.74 per basic share.

Second Quarter 2015 Dividend

New Media’s Board of Directors declared a second quarter 2015 cash dividend of $0.33 per share of common stock. The dividend is payable on August 20, 2015 to shareholders of record as of the close of business on August 12, 2015.

The declaration and payment of any dividends are at the sole discretion of the Board of Directors, which may decide to change the Company’s dividend policy at any time.

Additional Information

For additional information that management believes to be useful for investors, please refer to the presentation posted on the Investor Relations section of New Media’s website, www.newmediainv.com and the Company’s Quarterly Report on Form 10-Q, which will be available on the Company’s website. Nothing on our website is included or incorporated by reference herein.

Earnings Conference Call

New Media’s management will host a conference call on Thursday, July 30, 2015 at 11:00 A.M. Eastern Time. A copy of the earnings release will be posted to the Investor Relations section of New Media’s website, www.newmediainv.com.

All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-877-601-8827 (from within the U.S.) or 1-918-534-8645 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference “New Media Second Quarter Earnings Call.”

A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.newmediainv.com. Please allow extra time prior to the call to visit the website and download any necessary software required to listen to the internet broadcast.

A telephonic replay of the conference call will also be available approximately two hours following the call’s completion through 11:59 P.M. Eastern Time on Thursday, August 13, 2015 by dialing 1-855-859-2056 (from within the U.S.) or 1-404-537-3406 (from outside of the U.S.); please reference access code “78908452.”

About New Media Investment Group Inc.

New Media is focused primarily on investing in a high quality, diversified portfolio of local media assets, and on growing existing advertising and digital marketing businesses. The Company is one of the largest publishers of locally based print and online media in the United States as measured by our 125 daily publications. As of June 28, 2015, the Company operates in over 490 markets across 32 states. New Media’s portfolio of products, as of June 28, 2015, include over 575 community publications and over 490 related websites, serve more than 215,000 business advertising accounts and reach over 22 million people on a weekly basis.

For more information regarding New Media and to be added to our email distribution list, please visit www.newmediainv.com.

Non-GAAP Financial Measures

The Company strongly urges stockholders and other interested persons not to rely on any single financial measure to evaluate its business. In addition, because same store results, results excluding tuck-in acquisitions, results excluding tuck-in acquisitions and revenues owned less than a year, Adjusted EBITDA, As Adjusted EBITDA and free cash flow are not measures of financial performance under GAAP and are susceptible to varying calculations, these non-GAAP measures, as presented in this press release, may differ from and may not be comparable to similarly titled measures used by other companies.

Same Store Results

Same store results, a non-GAAP financial measure, take into account material acquisitions and divestitures of the company by adjusting prior year performance to include or exclude financial results as if the company had owned or divested a business for the comparable period. The acquisition of Victorville, American Consolidated Media Southwest, Petersburg Progress-Index and Foster’s Daily Democrat (“tuck-in acquisitions”), were funded from the Company’s available cash, and not considered material.

Adjusted EBITDA, As Adjusted EBITDA and Free Cash Flow

The Company defines Adjusted EBITDA as net income (loss) from continuing operations before income tax expense (benefit), interest/financing expense, depreciation and amortization and non-cash impairments. The Company defines As Adjusted EBITDA as Adjusted EBITDA before transaction and project costs, non-cash items such as non-cash compensation, non-recurring integration and reorganization costs and Adjusted EBITDA from non-wholly owned subsidiaries. The Company defines free cash flow as As Adjusted EBITDA less capital expenditures, cash taxes, interest paid and pension payments.

Management’s Use of Adjusted EBITDA, As Adjusted EBITDA and Free Cash Flow

Adjusted EBITDA, As Adjusted EBITDA and free cash flow are not measures of financial performance under GAAP and should not be considered in isolation or as alternatives to income from operations, net income (loss), cash flow from continuing operating activities or any other measure of performance or liquidity derived in accordance with GAAP. New Media’s management believes these non-GAAP measures, as defined above, are useful to investors for the following reasons:

Adjusted EBITDA, As Adjusted EBITDA and free cash flow provide New Media with measures of financial performance, independent of items that are beyond the control of management in the short-term, such as depreciation and amortization, taxation and interest expense associated with its capital structure. These metrics measure New Media’s financial performance based on operational factors that management can impact in the short-term, namely the cost structure or expenses of the organization. Adjusted EBITDA, As Adjusted EBITDA and free cash flow are some of the metrics used by senior management and the Board of Directors to review the financial performance of the business on a monthly basis. In addition, New Media’s management utilizes these metrics to evaluate the Company’s performance, along with other criteria, to determine the funds available for paying the quarterly dividend.

Forward-Looking Statements

Certain items in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected timing, closing and benefits of the pending acquisition, expected revenue trends and our ability to continue to grow free cash flow and our dividend, our ability to leverage our scale to increase our buying power, our focus on local news in smaller markets leading to stabilization of our business, growing digital services business and revenues and pursuing and completing a certain amount of future acquisition opportunities per year and the benefits associated with such opportunities, and improving revenue trends driven by investments in digital and print initiatives. These statements are based on management’s current expectations and beliefs and are subject to a number of risks and uncertainties, such as continued declines in advertising and circulation revenues exceeding what we have seen in the past 12 months, economic conditions in the markets in which we operate, competition from other media companies, the possibility of insufficient interest in our digital business, technological developments in the media sector, an ability to source acquisition opportunities with an attractive risk-adjusted return profile, inadequate diligence of acquisition targets, and difficulties integrating and reducing expenses at our newly acquired businesses. These and other risks and uncertainties could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond our control. The Company can give no assurance that its expectations will be attained. Accordingly, you should not place undue reliance on any forward-looking statements contained in this press release. For a discussion of some of the risks and important factors that could cause actual results to differ from such forward-looking statements, see the risks and other factors detailed from time to time in the Company’s Annual Report on Form 10-K and filings with the Securities and Exchange Commission. Furthermore, new risks and uncertainties emerge from time to time, and it is not possible for the Company to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.

Source: New Media Investment Group Inc.

NEW MEDIA INVESTMENT GROUP INC. AND SUBSIDIARIES

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