• Forecast
  • News Tip
  • Categories
Temperature Precipitation
Estimated read time
1m 10s

Online news organization set to purchase Alaska’s largest newspaper

By Dave Detling 6:25 PM April 8, 2014

A media shakeup is in the works as online news outlet Alaska Dispatch announced its plan Tuesday to purchase the Anchorage Daily News.

The sale, which is set to close in May, is estimated to cost $34 million.

According to Alaska Dispatch Publishing, the sale covers the Anchorage Daily News, the ADN.com website and the paper’s property and operations in Anchorage.

Bob Weil, vice president of operations for the McClatchy Company, which owns the newspaper, says the company started negotiations with the online organization news organization back in October.

He spoke to KTVA regarding the decision to sell.

“We believe that local ownership here in this particular marketplace has certain advantages,” Weil said. “We thought that the two organizations working together and merging together over time will provide a stronger foundation of journalistic excellence.”

Alaska Dispatch Publisher and Chief Executive Alice Rogoff, along with co-founder Tony Hopfinger, will oversee both news organizations when the sale is complete.

“Alaska Dispatch plans no changes to the Anchorage Daily News’ staff, content or distribution,” Hopfinger said.

He says there are also no immediate plans to eliminate staff at the Anchorage Daily News.

The announcement of the sale noted the Anchorage Daily News would continue operations as a tenant from its East Anchorage location.

The real estate assets will be sold to GCI for an undisclosed sum.

GCI is the parent company of KTVA 11 News.

Latest Stories

  • Sports

    UAA men’s cross country headed to NCAA tourney again

    by KTVA Sports on Nov 23, 18:37

    After a strong performance at the NCAA Division II West Region Championships in Billings, Montana, UAA Cross Country now finds itself in a familiar position — the NCAA Tournament.

  • Weather

    Evening News weather, Nov. 23

    by KTVA Weather on Nov 23, 18:20

  • News

    Thanksgiving Blessing expects to feed 11,000 in Anchorage area

    by KTVA CBS 11 News on Nov 23, 18:03

    This Thanksgiving will be a reason to celebrate for many local families, thanks to the Food Bank of Alaska and neighborhood volunteers. This year’s Thanksgiving Blessing project — one of the area’s biggest food drives for the holidays – is expected to feed more than 11,000 families around Anchorage and the Mat-Su Valley. Tons of donations […]

  • Sports

    Days before Great Alaska Shootout, UAA men’s basketball back on track

    by KTVA Sports on Nov 23, 16:58

    As preparation begins for the GCI Great Alaska Shootout, which begins Tuesday, the UAA men’s basketball team appears back on track.

  • News

    Anchorage Fire Department holds deep-fried turkey safety demo

    by KTVA CBS 11 News on Nov 23, 13:30

    Thanksgiving is around the corner. For many residents, deep-fried turkey is on the planned menu. Anchorage Fire Department battalion chief Mark Hall says deep fryer fires are responsible for about $15 million in damage to homes. Hall and other firefighters from the department held a demonstration Saturday of what could happen if deep frying a […]

  • News

    Downtown street party, multiple shootings overnight keep Anchorage police busy

    by KTVA CBS 11 News on Nov 23, 12:00

    The video above may contain inappropriate content. Anchorage police responded to multiple incidents early Sunday morning, including an unruly street party and two isolated shootings. Downtown street party The first occurred at around 2:30 a.m., according to a release from the Anchorage Police Department. Police responded to a call that shots had been fired in the […]

  • News

    UAF computer science students seek software proposals

    by Associated Press on Nov 23, 10:45

    Computer science students at the University of Alaska Fairbanks are looking for software design proposals as part of their learning process. UAF officials say the projects allow public service and private organizations, as well as governments, to get free software while students get experience. Officials say more than 65 successful projects have been developed by […]

  • News

    Diversity a theme at Walker transition conference in Anchorage

    by Shannon Ballard on Nov 22, 18:42

    It would be easy to have a closed-door discussion about the critical issues that face Alaska, but Gov.-elect Bill Walker says the conversation should belong to all Alaskans. “We get the best input the more people we have involved in the process,” said Walker. There is some risk associated with doing that. The bigger risk […]