Charleston Daily Mail Sold
Jul. 09, 1998
CHARLESTON, W.Va. (AP) _ The Charleston Daily Mail, West Virginia's second-largest newspaper, is being sold by Thomson Newspapers Inc. to MediaNews Group Inc.
Terms of the sale were not disclosed today.
Denver-based MediaNews will add the Daily Mail to its Garden State Newspapers subsidiary. It will rank among MediaNews' top 10 daily newspapers, said president and chief executive William Dean Singleton.
Stuart Garner, president and CEO of Toronto-based Thomson Newspapers, said the Daily Mail no longer fits its strategy ``of forming marketing groups offering an array of products and services.''
The Daily Mail has its own editorial department, but shares other resources with The Charleston Gazette, which is locally owned. That arrangement will continue under the Daily Mail's new ownership.
The Daily Mail has an editorial staff of about 50 and publishes Monday through Saturday with a circulation of 41,507. It has a combined Sunday edition with The Charleston Gazette with a circulation of 102,089.
The Charleston Gazette has a daily circulation of 51,514.
The Daily Mail's publisher, Sam Hindman, will retire from Thomson Newspapers, where he also has been serving as president and CEO officer of the chain's Mid-America newspaper group.
Hindman will retain his position as Daily Mail publisher at Singleton's request.
Singleton said he does not foresee many changes at the Daily Mail.
MediaNews Group publishes 37 daily newspapers and 111 nondaily publications in 13 states, including The Denver Post, the Long Beach (Calif.) Press-Telegram, the Los Angeles Daily News and The Oakland Tribune.