Purchase of The Daily News completed
Published 7:04 am Tuesday, April 1, 2014
Bogalusa Newsmedia, LLC, a new Louisiana entity wholly owned by Carpenter Newsmedia, LLC (CNL), purchased The Daily News of Bogalusa and related publications Tuesday from Wick Communications Co. of Sierra Vista, Ariz.
CNL is an affiliate of Boone Newspapers, Inc. (BNI), with offices in Natchez, Miss., and Tuscaloosa, Ala.
The sale ends more than 71 years of operation of the newspaper by Wick Communications.
Sandy Cunningham will continue at The Daily News as publisher. Todd Carpenter of Natchez, BNI’s president and chief operating officer for the past 10 years, is principal owner of CNL, which also recently purchased The Picayune (Miss.) Item and Poplarville (Miss.) Democrat. James B. Boone Jr., of Tuscaloosa is BNI’s chairman and chief executive officer.
Carpenter said he and Boone are “deeply appreciative of the confidence Wick has placed in CNL and BNI as their successors, and we will work hard to merit that confidence.”
Boone said he shares that appreciation for an opportunity to work with and for The Daily News and the people and communities it serves.
“We are pleased Sandy Cunningham will remain as publisher,” Carpenter said. “Her steady leadership and knowledge of community newspapers will be important to us during the transition and thereafter. We look forward to becoming a part of the communities and parish served and will work hard to meet our every obligation to readers, customers, employees and all who have a stake in the future of Bogalusa and the surrounding communities.”
CNL has ownership in BNI affiliates in Mississippi, Alabama, Georgia, North Carolina, Tennessee and Virginia.
BNI owns and manages 56 newspapers in similar-sized communities. In addition to those in which CNL has ownership interest, there are also papers in Minnesota, Michigan and Ohio. Operations near Bogalusa include The Brookhaven (Miss.) Daily Leader, The Natchez (Miss.) Democrat and The Vicksburg (Miss.) Post. The organization has a rich history of quality newspapers, websites, magazines and other publications in the communities it serves, explained in part by Boone’s corporate philosophy: “We seek to produce the highest quality product the economics of the community served can support. And then, by ingenuity and imagination, we strive for a higher quality in an effort to serve and build that community.”
John Mathew of Namekagon Newspaper Services represented the seller.