Glacier Media Inc., owners of the Richmond News, announced it has come to an agreement with Black Press to purchase and sell a number of community newspaper operations in the Lower Mainland.
As part of the deal, Glacier has purchased from Black Press the Richmond Review, The Tri-City News, Burnaby News Leader, and New Westminster News Leader.
Glacier has sold to Black Press the Surrey Now, Langley Advance and Maple Ridge Times.
The sales include the papers’ related publications and digital properties.
Glacier Media said the transaction will strengthen the company’s community media business. Operational control of the papers will transfer to the new owners March 2, 2015.
In a separate transaction Black Press has purchased the Vancouver Island Community Newspaper Group from Glacier. Black Press will assume operational control of that property on March 2, 2015. The Victoria Times Colonist is not part of this transaction and will remain with Glacier.
