Calkins’ area regional papers sold
June 19, 2017According to the Pittsburgh Post-Gazette, the New Media Investment Group, the parent of GateHouse Media announced today the sale of The Beaver County Times, The Ellwood City Ledger, the Bucks County Courier Times, The Intelligencer from Doylestown and the operations of Calkins Digital Group from Calkins Media. New Media is expected to pay $17.5 million in a deal that includes a press facility and all related websites. This deal is expected to close within 30 days. New media focuses on small to mid-sized markets and has 130 daily publications and over 500 websites.
Separately Calkins media announced agreed to sell the Uniontown Herald-Standard, The Greene County Messenger – a weekly paper, and SWC Properties to Ogden Newspapers. Ogden operates over 40 daily papers and its CEO is Pittsburgh Pirates owner Robert Nutting.
Very interesting and informative news. I wonder if the Calkins Media reporters can now make positive suggestions that its CEO now “utilize excellent financial resources to keep and sign good Pirate players?” It is needed immediately and urgently RIGHT AWAY. That is how the Cubs built their great squad and got to be current World Series Champions. With the right financial and scouting resources, I believe the Buccos can also return to Championship and World Series greatness. However, the “purse” must be open much wider than it is right now.