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Adding to its growing portfolio of community newspapers, Sound Publishing - a subsidiary of Victoria, B.C.-based Black Press Ltd. - announced today that it has

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Sound Publishing Purchases The Daily Herald in Everett

SoundLogoStack_spot.jpg
Adding to its growing portfolio of community newspapers, Sound Publishing - a subsidiary of Victoria, B.C.-based Black Press Ltd. - announced today that it has agreed to purchase The Daily Herald in Everett from the Washington Post Company. Financial figures of the sale were not disclosed, and the deal is expected to close in early March. The Washington Post Company has owned The Herald since 1978.

Here's the official release sent out by Sound Publishing earlier today:

Sound Publishing, Inc. announced today that it has signed an agreement with the Washington Post Company to acquire the Everett (WA) Daily Herald, a 46,000 circulation daily and Sunday newspaper and its other print and online products. The transaction is expected to close in early March.

The Herald has been owned by the Washington Post Company (WPO:NYSE) for 35 years and is a leading provider of local news and information for the Snohomish County area.

"We are thrilled to have The Daily Herald join our growing family of newspapers," said Gloria Fletcher, President of Sound Publishing. "The Herald is a very well respected newspaper and it is a great fit with our print and digital products serving the greater Seattle area."

Sound Publishing is the largest community media organization in Washington, with 39 newspaper and digital titles with a combined circulation of over 730,000. Sound is a subsidiary of Black Press, Ltd. Black Press publishes more than 170 newspapers and other publications in British Columbia, Alberta and Washington, as well as the Honolulu (Hawaii) Star-Advertiser and the Akron (Ohio) Beacon-Journal daily newspapers.

Last month Sound Publishing purchased Seattle Weekly from Village Voice Media Holdings.

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