Gannett to buy New Jersey’s the Bergen Record
Gannett is getting ready to add to its stable of New Jersey papers by snapping up The Record and some weekly papers now owned by the North Jersey Media Group, sources tell Media Ink.
The news sent a jolt through the Record newsroom. Beleaguered staffers, who have survived recent rounds of belt-tightening without getting a raise in years, were stunned.
Many were said to be standing around in small groups talking after nypost.com broke the news of the impending sale Thursday.
The 121-year-old paper — long known as the Bergen Record — is the second-largest daily paper in the state behind the Star-Ledger in Newark, which is owned by the Newhouse family.
Gannett, the nation’s No. 1 newspaper publisher, owns the Asbury Park Press and five other New Jersey papers. The Record has played a major role in setting the news agenda in New Jersey and beyond.
It was the first to reveal the political motivation behind the George Washington Bridge lane closures that snarled traffic in Fort Lee, NJ, for days in September 2013. The “Bridgegate” scandal helped to derail the 2016 presidential ambitions of New Jersey Gov. Chris Christie.
The Record was purchased by the Borg family in 1930. Malcolm Borg is chairman, while son Stephen Borg — leader of the fourth generation of the family in control of the paper — runs the operation as publisher.
The financial terms couldn’t be learned, although the properties are said to be modestly profitable.
ePac to Add 3 HP Indigo 20000s to Enhance Digital Flexible Packaging
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