Overview
- MediaNews Group, part of Alden Global Capital, has acquired The Press Democrat and six other North Bay publications from Sonoma Media Investments.
- The sale agreement includes honoring the Pacific Media Workers Guild contract, ensuring job security for newsroom staff.
- Darius Anderson, managing member of Sonoma Media Investments, stated the decision was made to secure a sustainable future for independent local journalism.
- MediaNews Group, which owns 68 daily newspapers nationwide, expands its significant Bay Area presence with this acquisition.
- The Press Democrat, a Pulitzer Prize-winning publication, has been under local ownership since 2012, when it was purchased to preserve its community-focused mission.