Everett newspaper sold to PDN owner
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Sound Publishing Inc. said Wednesday it had signed an agreement to acquire the newspaper's assets — including heraldnet.com, a Spanish-language weekly newspaper and a monthly business newspaper — from the Washington Post Co., which has owned the Herald for 35 years.
Terms of the sale were not disclosed. The Herald will be 112 years old Monday, having published its first edition Feb. 11, 1901.
It becomes the second general-interest daily newspaper of Sound Publishing, which bought the PDN in 2011.
Sound has 37 other titles — including the Sequim Gazette and Forks Forum in Clallam County — in Washington state.
It is a division of Black Press Group Ltd. of Victoria, which publishes more than 170 newspapers in Canada and the United States, including dailies in Honolulu and Akron, Ohio.
“We are thrilled to have The Daily Herald join our growing family of newspapers,” said Gloria Fletcher, president of Sound Publishing.
“The Herald is a very well-respected newspaper, and it is a great fit with our print and digital products serving the greater Seattle area.”
Wednesday's announced acquisition is the second major purchase by Sound in the Puget Sound area in as many months.
In early January, it acquired Seattle Weekly.
Sound Publishing is the state's largest community news organization and has executive offices in Bellevue and Poulsbo.
Sound also maintains a state-of-the-art web offset-press production plant in Everett, where the PDN is printed.
Sound and Black Press bought the PDN from Horvitz Newspapers, and the Sequim Gazette and Forks Forum from their owner, Sequim businessman Brown Maloney, in October 2011.
Last modified: February 07. 2013 7:35AM