Huntington Herald-Dispatch makes winning bid for the Charleston Gazette-Mail
Instead, Ogden Newspapers buys Virginia newspaper chain
From WV Metro News earlier today:
Ogden Newspapers is out as a bidder for the Charleston Gazette-Mail, leaving Huntington’s Herald-Dispatch as the apparent new owner of West Virginia’s Pulitzer Prize-winning newspaper. . . .
Ogden, which owns newspapers in several West Virginia cities, had been considered the stalking horse, having produced the highest bid — $10.911 million in the run up to the bankruptcy process.
But H-D Media emerged in recent days as having a competitive bid of its own. It had to match the Ogden bid, plus another $500,000, most of which represented a breakup fee.
From today's TV News Check:
The Byrd family, owners of daily newspapers in Winchester and Harrisonburg, Virginia, has reached an agreement to sell its publications to Ogden Newspapers, a family-owned newspaper group with 43 daily newspapers published in 16 states. . . .
The sale includes the The Winchester Star and WinchesterStar.com website, the Daily News-Record of Harrisonburg, Va., and its associated website, dnronline.com. Other publications included are the Page News & Courier, The Warren Sentinel, The Shenandoah Valley-Herald, The Valley Banner and Skyline publications. . . .
Ogden, headquartered in Wheeling, also publishes newspapers in Florida, Hawaii, Iowa, Indiana, Kansas, Michigan, Minnesota, New Hampshire, New York, North Dakota, Ohio, Pennsylvania and Utah.
The company also has many weekly newspapers across the country and a list of magazines based in Topeka, Kan., including Grit and Mother Earth News. The Nutting family also owns Seven Springs Mountain Resort and Hidden Valley Ski Resort in Pennsylvania and is the majority owner of the Pittsburgh Pirates Major League Baseball franchise.
Unlike broadcasting which has limits on the number of stations a company may own, there are no such limits in newspaper publishing. (It should be noted that Sinclair, with the aid of the Trump administration, is testing those limits in broadcasting.) Ogden Newspapers will soon own close to 50 newspapers.