Categories: OLD Media Moves

Washington state business journal has new ownership

The Wenatchee Business Journal, a two-year-old business publication in Washington state, has new owners due to an exchange of newspapers between two companies.

Mike Irwin of the Wenatchee World writes, “On Monday, NCW Media, Inc., a local publisher of weekly newspapers, took over ownership and operations of the 24-year-old monthly business publication from Sound Publishing Inc., which has owned the Journal since 2007.

“In exchange, Sound Publishing acquired the Okanogan Valley Gazette-Tribune, an NCW Media weekly newspaper based in Oroville.

“‘The deal made sense for both our companies,’ Bill Forhan, chief executive officer of NCW Media, said this morning. ‘We’re already serving a lot of the Journal’s customers with our weeklies. We’re local and already part of the community.’

“Poulsbo-based Sound Publishing, the state’s largest publisher of community newspapers, had been overseeing the publication of the 3,400-circulation Journal from offices of its Bellingham Business Journal. Sound prints 32 papers in Washington and Oregon.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.