by Erik Sass - Although the sale of big regional and international dailies -- including the Financial Times, South China Morning Post, and Las Vegas Review-Journal-- has dominated headlines recently, as the year draws to a close dozens of smaller newspapers are also changing hands or going out of business much closer to home (if you happen to live in one of the affected communities). These deals represent big changes in the local media landscape, as small-town dailies and community weeklies come under the same pressures that disrupted their bigger peers. In the acquisition category, this month Adams Publishing Group -- which publishes community newspapers in the West, Midwest and Mid-Atlantic regions -- acquired Defiance Publishing Co., which publishes several local publications in Ohio including The Crescent-News and Crescent-Extra. Previously this year Adams acquired four local newspapers in Idaho as well as The Post Community Media Group, which publishes local newspapers in southern Maryland.
Award-winning foodie title Saveur is going all-digital under its new private equity owner 27 years after launching to critical acclaim.
The food and recipe title was sold in October by Bonnier to North Equity as part of a package of magazines, including Field & Stream, Outdoor Life and Popular Science.
North Equity has been buying up distressed print titles, often converting them to all-digital platforms. It also recently purchased decorating mag Domino and also owns bobvila.com.
more at source: https://nypost.com/2021/02/16/award-winning-foodie-magazine-saveur-drops-print-edition/