Overview
- Sonoma Media Investments has finalized the sale of The Press Democrat and six sister publications to MediaNews Group, part of Alden Global Capital.
- The transaction includes notable outlets such as Sonoma Magazine, Sonoma Index-Tribune, and Petaluma Argus-Courier, among others.
- The agreement guarantees the preservation of existing union contracts with the Pacific Media Workers Guild, ensuring job security for newsroom staff.
- MediaNews Group, which owns 68 daily newspapers nationwide, expands its Northern California presence with this acquisition.
- Darius Anderson, managing member of Sonoma Media Investments, described the sale as the best path to sustain independent, high-quality local journalism in the North Bay.