Paxton purchases daily paper in NC
PADUCAH, Ky. — Paxton Media Group, parent company of The News-Dispatch and La Porte County Herald-Argus, continues to grow. The company announced the purchase of The News-Argus in Goldsboro, North Carolina, from Wayne Printing Company.
Paxton Media, a family-owned company headquartered in Paducah, Kentucky, owns more than 35 daily newspapers, a television station and numerous weekly publications across Indiana, Michigan, Arkansas, Georgia, Illinois, Kentucky, Louisiana, Michigan, Mississippi, North Carolina and Tennessee.
Fourth- and fifth-generation family members manage Paxton Media.
“We embrace this new member of the Paxton NC family,” said Group Publisher Rick Bean. “While newspapers have taken on a different look in the past decade, the goal of meeting the advertising and informational needs of each market remains our core mission.”
“We are gratified for the opportunity to assume stewardship of The News-Argus,” said David Paxton, president and CEO. “It is an award-winning newspaper with a proud history of serving Wayne County.”
The News-Argus will join other Paxton publications in the NC/TN/GA division of Paxton Media Group, managed by Group Publisher Rick Bean. That group includes 11 other dailies, seven in North Carolina. There also are several weekly newspapers in the division.
The News-Argus will be in a better position to serve readers and advertisers by combining its strengths with those of other Paxton newspapers in the area, said Jamie Paxton, vice president of Paxton Media Group.
“This business combination provides the financial security needed to assure the News-Argus will continue to serve residents of Wayne County long into the future,” Paxton said.