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Dirks, Van Essen & April tracked the sale of 43 newspaper titles across 14 deals in the second quarter

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Following a steady start to the year, Q2 2025 saw continued momentum in newspaper ownership transitions. While Q1 included 13 distinct transactions involving 32 individual titles, the second quarter recorded at least 14 deals affecting more than 43 titles across the country.

The quarter’s largest deal came from Times Media Group, whose acquisition of 21 Colorado newspapers (The National Trust for Local News’ Colorado Community Media) nearly matched Q1’s entire volume in a single transaction.

Read more from Dirks, Van Essen & April

Additional highlights from the Q2 newsletter include:

  • Second Quarter M&A Activity: Cowles Family to donate The Spokesman-Review, one of more than 43 titles to change hands in 14 deals
  • Key developments reshaping the local news industry
  • A look at what newspaper publishers can learn from the magazine revival

Download the Second Quarter report