The Tacoma Daily Index‘s parent company, Sound Publishing, announced Wednesday it has acquired the The Daily World of Aberdeen, Wash., from Stephens Media. The purchase also includes The Vidette of Montesano, Wash; North Coast News of Ocean Shores, Wash.; and South Beach Bulletin of Westport, Wash. The Daily World is published three times per week. The Vidette, North Coast News, and South Beach Bulletin are weekly publications.
The details of the purchase were not disclosed.
“We feel quite fortunate to add the Aberdeen cluster of quality news products to Sound Publishing,” said Sound Publishing President Gloria Fletcher. “Of course, we value the products. But more importantly, we value the people and the communities these products faithfully serve.”
Sound Publishing, a subsidiary of Black Press, was founded in 1987. Today, the company publishes 38 community daily, weekly, and monthly news products that reach more than 700,000 greater Puget Sound homes weekly with print and digital products. Last year, Sound Publishing acquired the The Daily Herald of Everett, Wash., from the Washington Post Company, and Seattle Weekly from Village Voice Media.
Similarly, officials announced today Oahu Publications Inc., another Black Press subsidiary, has entered into an agreement with Stephens Media to acquire West Hawaii Today of Kona, Hawaii, and Hawaii Tribune-Herald of Hilo, Hawaii.
“While we have appreciated the opportunity to serve these wonderful markets for a number of years, we concluded that they were no longer a strategic fit for Stephens Media,” said Stephens Media CEO Ed Moss. “We are delighted that a newspaper operator of Black Press’ stature will take ownership of and continue to serve these communities and their readers and advertisers.”
“These newspaper titles in Washington and Hawaii fit with Black Press’ geographic clustering strategy, and are by far the leading local media in each of their respective communities,” said Black Press CEO Rick O’Connor.
“We are pleased to be adding these assets to our business in both Hawaii and Washington as both areas have been sources of growth for Black Press in the past few years,” added Black Press Founder and Chairman David Black.