JUNEAU, Alaska — David Black, chairman and owner of Black Press, LTD of Victoria, announced today that it has agreed to acquire the daily newspapers in Juneau and Kenai, Alaska, from New Media Investment Group.
Simultaneously, Black announced that his company has agreed to the sale of the Akron (Ohio) Beacon Journal to New Media Investment Group. No terms of the transactions were announced.
Rick O’Connor, president and CEO of Black Press said, “We have provided stewardship of the Beacon Journal for the past 11 years and are extremely proud of the quality of journalism and the role the newspaper plays in the community. However, the Beacon Journal is geographically located too far from our other publications for us to provide the kind of leadership the paper needs and community deserves.