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In her 1997 memoir, the late Katharine Graham, longtime chairman of The Post Co., wrote that the acquisition of the Herald in 1978 was part of a “larger plan to acquire several smaller newspapers which never materialized.” The company publishes a weekly community newspaper that is home-delivered in south Snohomish County La Raza del Noroeste, a weekly Spanish-language newspaper and the Snohomish County Business Journal, a monthly publication. Everett is about 30 miles north of Seattle. McDaniel said that Black Press’s Sound Publishing, with 39 papers in Washington, will consolidate the Herald with other facilities it has in the area.Īccording to The Post Co.’s most recent annual report, the Daily Herald Co., which employed about 200 people at that time, is also a regional printing site for USA Today. “Sound Publishing and Black Press expressed an interest we saw an opportunity to preserve the company and most of the jobs, and we decided to move forward with this.” “Over the years, as the newspaper business has changed, having it as our sole operation on the West Coast was not sound business strategy,” said Ann McDaniel, a vice president at The Post Co. Its weekday circulation dropped by a similar percentage, but the performance was better than most of the country’s major dailies achieved. Last year, the Audit Bureau of Circulations reported that the Herald’s Sunday circulation increased to 50,795 in March from 49,115 a year earlier, up 3.3 percent. does not break out separate financial figures for the Herald, although a person familiar with the transaction said the paper has lost modest amounts of money in the past couple of years. In a 2008 profile of the company’s founder, David Holmes Black, the Seattle Weekly said that about a million households in Washington state would have a paper owned by Black “land in their front yard” or would read one bought at a newsstand. The company also owns the Honolulu Star-Advertiser and the Akron (Ohio) Beacon Journal, both daily newspapers.Īlthough most big newspaper companies are contracting, Black Press has expanded. will retain two pieces of real estate assessed at about $10 million.įounded in 1975, Black Press is a private chain with more than 170 small community newspapers concentrated in British Columbia, Alberta and Washington state. The sale will include the Herald’s print and online products, although for the time being The Post Co. subsidiary Sound Publishing for an undisclosed amount. has signed an agreement to sell the Everett, Wash., Herald, a daily newspaper it has owned since 1978, to Black Press of Canada and its U.S.