TRIB TOTAL MEDIA SELLS EIGHT WESTERN PENNSYLVANIA NEWSPAPERS
October 16, 2015
Trib Total Media announced today that an agreement has been reached to sell eight of its 77 Western Pennsylvania publications to West Penn Media, LLC. Trib Total Media announced its intention to sell several of its newspapers in late August.
Through an asset purchase agreement, West Penn Media, LLC will take ownership of two regional daily newspapers: the Leader Times in Kittanning and the Daily Courier in Connellsville; and six weekly publications: The Dispatch in Blairsville, The Mount Pleasant Journal in Mount Pleasant, The Independent-Observer in Scottdale, The Ligonier Echo in Ligonier, The Times-Sun in West Newton, and The Jeannette Spirit in Jeannette.
"Selling these papers was part of a larger strategic plan for the growth of Trib Total Media that includes a more focused newspaper footprint in Western Pennsylvania," said Jennifer Bertetto, president and CEO of Trib Total Media. "We are pleased that a highly respected media company with strong Pennsylvania roots will be taking the helm. We are confident that the newspapers, and the communities they serve, will be in good hands."
West Penn Media, LLC is an affiliate of Sample Media Group based in Huntingdon, PA the owner of over 50 publications, including 15 daily newspapers, in six states: Pennsylvania, New York, New Jersey, Maine, New Hampshire and Vermont.
"We are excited to add these eight newspapers to our portfolio," said George "Scoop" Sample III, president of the Sample Media Group. "All of these publications have a long history of being trusted sources of local and regional news for the community. We are committed to carrying that legacy forward."
Trib Total Media is still actively looking for buyers of two other regional dailies - The Valley Independent in Monessen and The Daily News in McKeesport.
About Trib Total Media
Trib Total Media is a multimedia network of daily and weekly newspapers, weekly shoppers, and websites delivering news, information and advertising to over 1.1 million readers across Western Pennsylvania every week. Trib Total Mediaâ€™s targeted digital services, direct mail, promotional products, commercial printing, and media planning services deliver a variety of marketing solutions for advertisers