Deal activity stays strong 7/16/19

Daily newspapers continued to change hands at a brisk pace in the first half of 2019, largely driven by the sale of family-owned titles.

In total, 32 daily newspapers were sold or agreed to be sold in the first six months of the year, more than the number of dailies involved in transactions during the same period last year.


Number of daily newspaper deals highest since 2000 1/9/18

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.


Megaclustering is coming for your daily newspaper 8/8/17

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.

Read more from Ken Doctor.


Calculating your purchase price 7/24/17

By Lewis Floyd, senior associate, W.B. Grimes & Co.

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?


Lewiston Maine daily/weekly cluster to be sold 7/18/17

Sun Media Group has agreed to sell its assets to SJ Acquisition, a company controlled by RFB Holdings, which also owns MaineToday Media, Alliance Press in Brunswick and Courier Publications, based in Rockland. The sale is scheduled to close on Aug. 1. John Cribb and Randy Cope of Cribb, Greene & Cope brokerage firm represented the Costello Family in the transaction.

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