Wednesday, September 19, 2018

Observer Publishing selling to Ogden Newspapers


Observer Publishing (Washington, Pennsylvania) announced that it’s selling its assets to Ogden Newspapers, the Observer-Reporter reported. 
The transaction is expected to close by Sept. 30.
OPC publishes the daily Observer-Reporter, the weekly Almanac and numerous monthly and special interest magazines. The company also runs a digital advertising agency, Reimagine Main Street, and produces a series of events. Ogden is the publisher of more than 40 daily newspapers, multiple weeklies and a magazine division with operations in 16 states. It is owned by the Nutting family of Wheeling, West Virginia. 
Thomas Northrop, president and publisher, and Lucy Northrop Corwin, director of news, serve as officers of OPC; both will leave the company when the sale is done.
Ogden supports the agreement OPC struck in 2017 with Washington & Jefferson College to form a small-business incubator in its former circulation building on Main Street, the paper said.
“We are very pleased to have been chosen to be the successor publisher of the Observer-Reporter,” said Perry Nardo, regional publisher of Ogden Newspapers.
Cribb, Greene and Cope represented the Northrop family and OPC in the sale.
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