Scripps buys business journal
The E.W. Scripps Co., publisher of the Kitsap Sun in Washington state, has acquired the Kitsap Peninsula Business Journal for an undisclosed amount.
A story on the business journal’s website states, “Scripps bought the Journal from Wet Apple Media, a Port Orchard company owned by Lary and Dee Coppola. The purchase, announced March 20, includes the monthly print publication, websites and mobile application. Terms of the sale were not disclosed.
“Kitsap Sun publisher Brent Morris said the Journal will remain a separately branded print product. The Sun will begin operating the Journal on April 1. The Journal is already printed by the Sun.
“Morris said the acquisition of the Journal was an opportunity for Scripps to extend its coverage of the West Sound business community and reach new advertisers.”
Read more here.