As a number of observers had predicted, John Henry has sold the Telegram & Gazette of Worcester to Halifax Media Group of Daytona Beach, Florida. Cuts loom. T&G reporter Shaun Sutner has the details. More here from the Globe’s Beth Healy.
I hope Henry will address the promise he made to staff members last fall that he would either sell the paper to local buyers or, if none could be found, continue to operate the paper himself.
Henry is keeping the T&G’s printing plant in Millbury, which suggests that he’s eyeing it for The Boston Globe once he sells the paper’s Morrissey Boulevard headquarters.
Update 05/22/2014, 8:57 a.m.:
From the comments on Dan Kennedy's blog, Media Nation: Former T&G editor Harry Whitin, who headed a group that was hoping to buy the paper, writes: “I can say from personal experience that John Henry had absolutely no interest in finding a local buyer, unless the local buyer was willing to overpay for a company that he stripped of all its assets. Watch for layoffs of at least 20 percent of the news staff before the transfer of ownership, based on the experience at other papers Halifax has purchased. A tough day for my former colleagues.”
