You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Providence Journal sold for $46 million

PROVIDENCE, R.I. (AP) — The parent company of Gatehouse Media has announced an agreement to buy The Providence Journal and related print and digital assets for $46 million.

New York-based New Media Investment Group Inc. said Tuesday it expects to complete the deal in the third quarter.

Continue reading below

New Media is buying the newspaper and its related print and digital assets from A. H. Belo Corporation, which announced in December that it was exploring a sale of Journal.

New Media President and CEO Michael Reed said ‘‘we are very excited to welcome the paper, its employees and the community into the growing New Media family.’’

Jim Moroney, chairman, president and CEO of A.H. Belo, said ‘‘we are confident that New Media will continue the great journalistic tradition’’ of the Journal, which it has owned for 17 years.

The announcement said the Journal, first published in 1829, has a daily circulation of about 72,000 and 96,000 on Sunday.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of