CherryRoad Media is buying 20 newspapers from the biggest publisher in the U.S., Gannett. Furthermore, the deal includes 5 daily papers. All 20 are published in Kansas, Nebraska, Iowa and Missouri.
No terms of the deal have been disclosed. However, Dirks, Van Essen & April represented Gannett in the transaction. That media merger and acquisition firm is located in Santa Fe, New Mexico.
CherryRoad is relatively new on the newspaper scene. The Parisppany, New Jersey based firm entered the newspaper industry in late 2020, according to a news release from Dirks, Van Essen & April.
We are very excited to be working with such a talented group of people to serve these communities going forward. We plan to bring the focus back to local news and to offer additional digital solutions to supplement the printed newspapers. I want to thank the team at Gannett for working with us to find a good home for these important community institutions.
Jeremy Gulban, CEO of CherryRoad Media and CherryRoad Technologies
Here is the full list of acquired newspapers:
– Pratt (KS) Tribune
– Kiowa County (KS) Signal
– Hiawatha (KS) Penny Press
– Butler County (KS) Times-Gazette
– McPherson (KS) Sentinel
– The Leavenworth (KS) Times
– Wellington (KS) Daily News
– Dodge City (KS) Daily Globe
– Newton (KS) Kansan
– Garden City (KS) Telegram
– St. John (KS) News
– Hays (KS) Daily News
– Ottawa (KS) Herald
– Nebraska City (NE) News Press
– Syracuse (NE) Journal-Democrat
– Hamburg (IA) Reporter
– Independence (MO) Examiner
– Chillicothe (MO) Constitution-Tribune
– Boonville (MO) Daily News
– Linn County (MO) Leader
