WPRI Providence Journal sold to GateHouse parent for $46 million The announcement of A.H. Belo’s deal with New Media will kill speculation – and, in some quarters, hopes – that the newspaper could be purchased by a civic-minded group of local investors. The only such unsuccessful group whose attempt became public was led by Barry Fain, John Howell, Matthew Hayes and Arnold “Buff” Chace Jr. […]
WGBH ProJo sale to GateHouse a lost opportunity to return paper to local ownership The online news site GoLocalProv is taking a well-deserved victory lap now that it’s been announced that GateHouse Media will acquire the Providence Journal from A.H. Belo of Dallas for $46 million. GoLocalProv reported on June 13 that the sale was imminent. But there the matter stood until Tuesday, when we learned that the Journal […]