Paxton Media Group has purchased The Daily Herald of Roanoke Rapids, N.C., from Wick Communications.
Dirks, Van Essen & Murray, a media merger and acquisition firm based in Santa Fe, N.M., represented Wick Communications in the transaction. Terms of the transaction were not disclosed.MORE
The newspaper industry saw its busiest transaction year in nearly two decades with 31 separate deals involving daily newspapers in 2017, according to Dirks, Van Essen & Murray.
Phil Murray, senior vice president, said the activity was driven by two factors.MORE
Albert K. Sherman, Jr. has announced that his family has entered into a definitive agreement to sell substantially all of the assets of the Edward A. Sherman Publishing Company, which publishes the Newport (R.I.) Daily News and other publications.MORE
A newly formed media group with Oklahoma ties has purchased three newspapers in the southern part of the state from Civitas Media.MORE
Dave Danforth, founder of the Aspen (Colo.) Daily News, announced that he has sold the newspaper he founded 39 years ago to a group of local investors led by David Cook, the acting publisher. Terms of the transaction were not disclosed.MORE
Affiliates of Boone Newspapers have purchased the Middlesboro (Ky.) Daily News and two neighboring newspapers from Civitas Media of Davidson, N.C.MORE
Appalachian Newspapers Inc., a unit of Alabama-based Lancaster Management Inc., acquired a group of newspapers in eastern Kentucky from Civitas Media.MORE
SC Business Publications LLC, which publishes SC Biz News, Charleston Regional Business Journal, Columbia Regional Business Journal, GSA Business Report, SCBIZ and other affiliated titles, has sold its operating assets to a unit of New Media Investment Group.MORE
The Markham family has announced the sale of the Antelope Valley Press and its companion publications to a new corporation, Antelope Valley Press Inc., led by veteran newspaper publisher Steven Malkowich.MORE
The Galveston County Daily News and Southern Newspapers, Inc., are unabashed print-centric companies. On the closing day of the Mega-Conference, hear how Coast Monthly and their faith in print has transformed them.
Leonard Woolsey, publisher of The Galveston County Daily News, says: "We are not a large newspaper by any sense – a sub 20K circulation newspaper with a hometown base of less than 50,000 year-around residents. But Coast Monthly is a dream we brought to market several years ago and is now approaching a $1 million annual revenue run rate."More
Creative Circle and the Newspaper Manager have joined forces to launch an innovative and affordable classified ad production suite for print and digital media.More
W.B. Grimes & Company, a leading mergers and acquisitions (M&A) advisory firm serving the media, entertainment and professional sports industries, has announced that its Global Media, Events & Information Services Group, and its Newspapers Group have been acquired by John J. McGovern, a former senior associate with the firm.More