Washington Daily News Announces Sale To Alabama Based Company

The family that has owned a daily newspaper in eastern North Carolina for more than 60 years says it plans to sell the paper to an Alabama-based company.

The Washington Daily News reports Wednesday that an agreement has been reached to sell the paper to Boone Newspapers Inc. of Birmingham.

Publisher Ashley Futrell Jr. says the paper needs to be part of a larger company to take advantage of economies of scale.

Under the name Washington Multimedia, Boone will manage the daily paper and some affiliated publications.

The Futrell family will have a minority stake in the new company and will maintain ownership of The Ocracoker, a weekly publication.

Boone Newspapers owns publications in eight states, including North Carolina.

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  • by bocosfinest on Jun 22, 2010 at 10:32 PM
    atleast i know that this paper can't get any worst than it already is. that's not possible.
  • by mindy on Jun 17, 2010 at 01:19 PM
    hope they go back to the orignal size of the newspaper, It was getting more and more narrow. Soon it would have been on the size of adding maching tape. Anyone else noticed this?
  • by Brent Location: Washington on Jun 17, 2010 at 11:47 AM
    News papers sorry to say are going the way of the dinosaur. I worked at a news paper in VA as the mailroom manager and we were shut down because it would have cost more to fix our aging press and inserting machine than to outsource it to more modern equipment with-in the company. Inserts are big buisness, but when you have old worn out equipment exacly what was said below happens multible inserts in one paper none in another and companys do check for what they are paying for and do not hesitate to pull ads. No ads no revenue.
  • by JPH on Jun 17, 2010 at 11:36 AM
    I always looked forward to the paper each morning. I appreciate the Washington Daily News and hope the new owners will be able to keep it alive. Thanks to the employees that made it possible during these difficult times.
  • by Anonymous on Jun 17, 2010 at 10:30 AM
    Even when they had ad, they were not put in a lot of papers, or like yesterday 3 Foodlion ads in one paper. Ashley Futrell is probably turning over in his grave over this. But guess selling is better than going out of business. Sure hope they keep the current employees.
  • by YESSSSS!!!!! on Jun 17, 2010 at 10:11 AM
    I was not going to renew when my subscription ran out. It is one sorry newspaper.
  • by Harriet Location: Greenville on Jun 17, 2010 at 06:57 AM
    Another one bites the dust. It a shame when the local paper is not locally owned. RIP Daily News.
  • by Anonymous Location: Washington on Jun 17, 2010 at 06:49 AM
    I hope the new company is smart enough to keep Ray M around.
  • by Wolfgang Location: Chocowinity,NC on Jun 17, 2010 at 06:04 AM
    Being in the newspaper business years ago in New Jersey. Now living in Chocowinity. Five years ago I picked up the Washington local newspaper. There was no real news but local sports,and it had almost no Ads in it. I told my wife look at this newspaper there is almost no advertising sales. With all the business stores in Washington they only have a few Ads. Without paying advertisments this paper is going out of business. Their it goes. Hey it's their own fault. I am sure this new company will get rid of the dead wood and hire a aggresive Ad sales force. To bring the paper back into profit.
  • by Lloyd Bentsen on Jun 17, 2010 at 05:35 AM
    I knew Ashley Futrell, Ashley Futrell was a friend of mine. Brownie, you sir, are no Ashley Futrell!
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