TAB’s parent company buys the Herald

by | Dec 8, 2017 | Newton | 7 comments

The Boston Herald announced on Friday that it has been sold to GateHouse Media, owner of the TAB and hundreds of other papers, after filing for Chapter 11 bankruptcy.

7 Comments

  1. Gail Spector
    Gail Spector on December 8, 2017 at 5:15 pm

    This makes me very sad.

  2. Alex Blumenstiel
    Alex Blumenstiel on December 8, 2017 at 7:49 pm

    Apparently, last February Gatehouse Media, the Tab’s new owner, was sold to SoftBank Group Corp., a Japanese bank, for $3.3 billion. (https://dankennedy.net/2017/02/16/the-investment-bank-that-owns-gatehouse-media-has-been-sold-to-the-japanese/)
    The following link is to an article about a possible relationship between President Trump and SoftBank Group Corp. http://www.businessinsider.com/softbank-trump-50-billion-investment-not-what-it-seems-2016-12

  3. Alex Blumenstiel
    Alex Blumenstiel on December 8, 2017 at 7:53 pm

    Correction: Softbank Group Corp./Gatehouse Media is the Herald’s new owner. They’ve owned the Tab for a while.

  4. Jane Frantz
    Jane Frantz on December 8, 2017 at 9:09 pm

    This is not good news.

  5. Claire
    Claire on December 8, 2017 at 11:45 pm

    I never read the Herald so doesn’t matter much to me unless a new owner transforms the Herald into a more relevant new outlet

  6. Gail Spector
    Gail Spector on December 9, 2017 at 7:56 am

    @Claire,
    Having competition makes the Globe a better paper.

  7. yuppie scum
    yuppie scum on December 11, 2017 at 9:28 pm

    The sports section in the Herald is good. And it’s certainly good to view news from multiple perspectives, even if you don’t always agree.

    Sadly it sounds like it will become robonews.