Owner of Raleigh N&O buys Durham paper
Posted December 21, 2016
Raleigh, N.C. — McClatchy, the owner of Raleigh's daily newspaper, The News & Observer, announced on Wednesday that is has completed a deal to purchase the print and digital operations of The Herald-Sun newspaper in Durham.
Terms of the deal were not made public.
The Herald-Sun, established in 1889, had been owned by Paducah, Ky.-based Paxton Media Group since 2004.
Paxton Chief Executive and President David Paxton said, "We are confident McClatchy will carry forward The Herald-Sun's legacy and mission of service to the community of Durham."
McClatchy also owns The Charlotte Observer, regional newspapers across North Carolina and several papers in South Carolina: The State, in Columbia; The Island Packet, in Hilton Head; The Beaufort Gazette; The Sun News, in Myrtle Beach; and The Herald, in Rock Hill.
N&O President and Publisher Sara Glines said she was looking forward to expanding print and digital coverage to the western half of the Triangle. "We'll give our utmost focus and attention to The Herald-Sun's customers and continue to be a strong partner in the community," she said in a statement.