Ogden Newspapers, Inc., has accepted an offer from The Daily Gazette of Schenectady, New York, to purchase The Leader-Herald (Gloversville, New York), effective Aug. 1.
The Daily Gazette will acquire The Leader-Herald name, its subscriber and advertiser lists, and the newspaper’s website. The transaction did not include the newspaper’s real estate, production equipment or commercial printing accounts. The commercial printing will continue on the newspaper’s presses for the immediate future.
“The Daily Gazette, which has established a strong group of newspapers in this region, has pursued the acquisition of The Leader-Herald for many months,” Ogden Newspaper regional publisher Charles Jarvis told the employees. “The Leader-Herald has been a strong newspaper and a vibrant commercial printing operation for Ogden Newspapers since 1989 so, obviously, it was a very difficult decision to sell. We believe, however, allowing The Leader-Herald to become part of a strong and respected regional group of papers makes a lot of sense for the long-term health of the newspaper.”
The Daily Gazette news release said one of the most noticeable changes that will result from the new ownership will be a transition from a paper that is delivered in the afternoon to one that is delivered in the morning. Readers will also notice more coverage of local businesses, the area’s renowned tourism industry, workforce issues, education and the arts.
