Three eastern North Carolina newspapers will be under new ownership beginning Dec. 1 after being acquired by a family-owned media company.
The New Bern Sun Journal, Jacksonville Daily News and Kinston Free Press, which are currently owned by Gannett, have been acquired by Paxton Media Group based out of Paducah, Kentucky.
Also included in the sale are the Times-News of Burlington, The Courier-Tribune of Asheboro and The Dispatch of Lexington. ...
“We are excited to add these newspapers to our growing portfolio in North Carolina,” said Jamie Paxton, PMG president and CEO. “PMG believes strongly in the value of local newspapers and the vital role they play in the communities that they serve. We appreciate being chosen to be the new stewards of these important community assets and intend to work hard to maintain the trust that these publications have earned over their long and storied history.”
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