Black Press announces transactions with Glacier Media
Transactions with Glacier Media:
Black Press has acquired a number of newspaper titles and related publications and digital properties from Glacier Media.
We have purchased the following: The Nanaimo Daily News, The Harbour City Star, the Alberni Valley Times, the Cowichan Citizen, Parksville Oceanside Star, Tofino/Ucluelet Westerly News, the Comox Valley Echo, and Campbell River Courier on Vancouver Island as well as the Surrey Now, Langley Advance, and Maple Ridge Times in the Lower Mainland.
Black Press will take over operations in Courtenay-Comox, Ucluelet/Tofino and the Oceanside Star on January 1, 2015, the remainder of the publications and their websites on March 2, 2015.
In a separate transaction, Black Press is also selling the Tri-City News, Burnaby New West Newsleader and the Richmond Review to Glacier Media. They will assume operational control of these operations on March 2, 2015 as well.
While we are pleased with the acquisitions, we are disappointed to be selling these excellent community newspapers. We believe in the value our Black Press colleagues at these newspapers have created and the many long time staff members will be missed. However, as we move through these changing times in media, it is important that we align our strategic interests to better position the company for the future.
We are great believers in community newspapers and the value they provide. With these changes, we believe readers and advertisers will be better served and the company will be stronger moving forward.
President and CEO, Black Press