Sound Publishing, Inc. announced Wednesday, Feb. 6 that it has signed an agreement with the Washington Post Company to acquire the?Everett (WA) Daily Herald, a 46,000 circulation daily and Sunday newspaper and its other print and online products. The transaction is expected to close in early March.
The Herald has been owned by the Washington Post Company (WPO:NYSE) for 35 years and is a leading provider of local news and information for the Snohomish County area.
?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.?
Sound Publishing is the largest community media organization in Washington, with 39 newspaper and digital titles, including the Mercer Island Reporter, with a combined circulation of over 730,000. Sound is a subsidiary of Black Press, Ltd. Black Press publishes more than 170 newspapers and other publications in British Columbia, Alberta and Washington, as well as the Honolulu (Hawaii) Star-Advertiser and the Akron (Ohio) Beacon-Journal daily newspapers.
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Source: http://feeds.soundpublishing.com/~r/bknbnews/~3/Vvts0JLzY4A/190100121.html
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