Thursday, May 23, 2019

GateHouse buying New Jersey Herald

GateHouse Media is buying The New Jersey Herald from Quincy Media, the paper reports
The sale is expected to be completed this summer.
“We are proud to have been associated with the New Jersey Herald for more than 50 years,” said Ralph Oakley, CEO of Quincy Media. “The paper has done a wonderful job of covering the Sussex County area. This change in ownership will allow the newspaper to continue as a very important institution in this region.”
The New Jersey Herald building in Newton is not included in the sale to GateHouse, and will be sold, the paper said. The new owners are seeking out other locations for the Herald's operations going forward, the paper said.
GateHouse is a subsidiary of New Media Investment Group. The company operates in over 615 markets across 39 states.

No comments: