The editors of Black Press’s Alaska publications declined requests for comment. According to court documents, the company’s earnings had “steadily fallen” over the last decade.
The parent company behind three Alaska newspapers has officially been sold to a group of investors, after filing for creditor protection to avoid bankruptcy in January.
Carpenter Media Group purchased Black Press Media alongside two Canadian investment firms, Canso Investment Counsel and Deans Knight. The sale officially went through Monday. “With our strong financial position and the support of our new ownership group, our readers and advertisers can count on us to continue delivering the quality journalism and advertising solutions that we are known for,” Rogers said.
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