Gold Solutions Partner

Deal activity 'Year in Review' from Dirks, Van Essen & April

Small deals abound as numerous local owners buy; CherryRoad makes a splash

Posted

In 2021, 42 daily or thrice-­weekly newspapers changed hands in 21 transactions. Deal volume totaled $678 million. This compares to 81 daily or thrice-­weekly newspapers changing hands in 19 transactions in 2020. Deal volume totaled $460 million.

We consider a newspaper to be a daily if it publishes at least four days a week in print or as a digital replica.

These are the standard statistics we have included in our year­-end issue for 25 years. However, while we prepared this issue and studied the 2021 deal data, something stood out.

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Highlights in this newsletter include:

  • Brisk Deal Activity Continues: Recap of transactions since October
  • Year in Review: A look at 2021 deal activity
  • A Year Later: Checking in with the Taylor family in Washington
  • Q&A: A discussion with Tim Schmidt, one of the new local owners growing their holdings