New York Times Co. Close to Selling Regional Media Group
Halifax Media Group will take over the 16 newspapers
The New York Times Company announced today that it is in “advanced discussions” to sell its Regional Media Group of newspapers to the Halifax Media Group, confirming earlier rumors that a sale was near completion.
Blogger Jim Romenesko first reported this morning that the Halifax Media Group’s website had listed the Regional Media Group’s 16 newspapers—including the Sarasota Herald-Tribune in Sarasota, Fla., and the Star-News in Wilmington, N.C.—as its own. The website was taken down shortly thereafter.
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