Portsmouth Herald part of newspaper group sale
September 03. 2013 8:01PM
NEW YORK — News Corp, the parent company of Seacoast Media Group and the Portsmouth Herald, said Tuesday it sold its Dow Jones Local Media Group to a unit of Fortress Investment Group LLC.
The sale includes eight daily newspapers in seven states, including the Herald in Portsmouth and two dailies in Massachusetts, the Cape Cod Times in Hyannis and The Standard-Times in New Bedford, according to a news release issued by News Corp. It also includes 15 nondaily publications.
The operations will be managed by GateHouse Media, which operates more than 400 community publications and approximately 350 related websites in the United States. Financial terms were not disclosed.
In addition to the Herald, Seacoast Media Group publishes the twice weekly Exeter News-Letter and Hampton Union in New Hampshire and the York Weekly and York County Coast Star in Maine, according to seacoastonline.com.
The company also prints the Union Leader, the Nashua Telegraph, Foster’s Daily Democrat and 150 other publications.