Gate House Media

RI News
8:52 am
Wed July 23, 2014

Providence Journal Sold For $46 Million To NY Based Company

A.H. Belo will hold on to the building, but the paper made inside will be sold to the parent group of GateHouse Media for $46 million
Credit Molly Milanowski / RIPR

Rhode Island’s largest newspaper, The Providence Journal, has been sold.  The daily paper will soon be owned by the parent company of GateHouse Media.

New Media Investment Group agreed to buy The Providence Journal for $46 million in a deal expected to close later this year. The company already owns dozens of newspapers, including The Cape Cod Times, and The Taunton Gazette. The sale does not include the newspaper’s downtown Providence headquarters.

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