Stephens Media LLC was a Las Vegas, Nevada, diversified media investment company. It owned stakes in the California Newspapers Partnership and the Northwest Arkansas Democrat Gazette. The company had been expanding its interactive Internet business, operating online sites for its newspapers and portal sites like LasVegas.com, which is licensed to Greenspun Media Group. The company is also a partner in the California Newspapers Partnership with MediaNews and Gannett. The company also formed Northwest Arkansas Newspapers LLC in November 2009, a joint venture with WEHCO Media Inc., in Arkansas.