![]() Under the sales agreement, a Weybret-owned company will continue to manage the newspaper building at 125 N. The News-Sentinel now has the financial support to stay alive and thrive." His own ambiguity about what’s ahead prompted him to just sell the 10,600-circulation daily (actually five days a week, Tuesday through Saturday) founded in 1881 and bought in 1959 by his father. He has been professional and considerate of me and my family throughout this negotiation. Steven Malkowich and his investors have a track record of commitment to local community newspapers. However, the situation leaves the Lodi News-Sentinel without a succession plan. circulation or, in some versions of the story, used razor blades to slice. "As parents, we are proud to see our children focused and successful. Lodi News - Sentinel ( Lodi, CA ), May 25, 1955, p. Both my sons and both Jim's daughters are well launched on careers outside of the news media," said Weybret. "A family newspaper has to find family successors or find a new owner. The News-Sentinel publishes five days a week and has a daily circulation of 10,600. ![]() In 1998, Marty Weybret assumed the duties of publisher. Fred Weybret purchased the newspaper in 1959, served as publisher for many years, and continued to serve as chairman until the sale. Central Valley News Sentinel leaders may put a publisher in place to direct them, but Rich and Theresa will assure continued local accountability for Lodi's main news source."įounded in 1881, the News-Sentinel has a rich history of providing news and information to Lodi and nearby communities. "General Manager Theresa Larson and Editor Rich Hanner are well equipped to handle this transition. He shared ownership with his father, Fred Weybret, and brother, Jim Weybret. "Now is the time for the Weybrets to make way for others with greater resources than ours," said publisher Marty Weybret. The effective date of the sale will be June 1, 2015. Terms of the transaction were not disclosed. 0 Comments Four years ago, a bill aimed at requiring health insurance companies in California to cover hearing aids for children hit a road block when Gov. The new owners have newspaper assets in the United States and Canada, including several in California.ĭirks, Van Essen & Murray, a merger and acquisition firm based in Santa Fe, New Mexico, represented the Weybrets in the sale. Lodi news sentinel circulation department. Shop now & choose Ship-to-Store for free shipping to your nearest participating True Value store. The Weybret family has sold Lodi News-Sentinel to a new corporation, Central Valley News-Sentinel Inc, led by veteran newspaper publisher Steven Malkowich. True Value brings your local hardware store online. By: Press Release | Dirks, Van Essen & Murray
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