New York Times Co. Close to Selling Regional Media Group
Halifax Media Group will take over the 16 newspapers
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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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