The announce­ment of A.H. Belo’s deal with New Media will kill spec­u­la­tion – and, in some quar­ters, hopes – that the news­paper could be pur­chased by a civic-​​minded group of local investors. The only such unsuc­cessful group whose attempt became public was led by Barry Fain, John Howell, Matthew Hayes and Arnold “Buff” Chace Jr.

It’s a shame that the Prov­i­dence busi­ness com­mu­nity couldn’t put together a deal to return the Journal to local own­er­ship,” Dan Kennedy, an asso­ciate pro­fessor at the North­eastern Uni­ver­sity School of Jour­nalism and a long­time media watcher, told WPRI​.com in an email.

Based on their track record, the new owners can be expected to make cuts, which will diminish the paper’s ability to cover the com­mu­nity and the state,” Kennedy said. “But other papers the com­pany owns, including the Cape Cod Times and the Standard-​​Times, con­tinue to serve their readers well, and I expect that will be the case with the Journal, too.”

Read the article at WPRI →