Year in review: Transaction volume increases for fourth straight year
The number of deals involving daily newspapers continued its upward trajectory in 2018, with 36 separate transactions closed by year end.
It was the largest number of daily newspaper deals since 2000, and the fourth straight year of higher transaction volume.
The two key drivers of this activity were largely unchanged from the prior year: owners of clusters of publications seeking to build larger regional footprints, and the difficulties faced by small operators lacking the scale needed to manage expenses.
Read more from Dirks, Van Essen, Murray & April.