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
People in the newspaper industry increasingly joke about the triumvirate of Gatehouse Media LLC, Digital First Media Inc. and Gannett Co. taking over the bulk of the country's 1,350 daily newspapers as conglomerate Gannett-Gatehouse-DFMCo. Today, those three companies own a full quarter of the nation's dailies, as family-run operations dwindle and final generations of newspaper-owning families look for the exits before the passageway becomes too narrow.
At the 25 percent level, we may seem like a long way away from Gannett-Gatehouse-DFMCo, but a newer phenomenon – megaclustering – moves the industry closer in that direction.MORE
Regardless of how a buyer and seller come to terms, even if the value seems to be there, there is one more factor a buyer should consider – can this business repay my investment in a timely manner or make loan payments – and still provide me with an income?MORE
Read about the latest job openings posted on the SNPA website. And, send us your listings to post at no cost.More
This is the last week for returning exhibitors and sponsors from 2018 to reserve their booths and/or sponsorships for the 2019 Mega-Conference before registration opens to all companies.
Starting Aug. 20, all companies will be allowed to reserve their booths/sponsorships and an online link for reservations will be available at www.mega-conference.com.More