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: