Media acquisitions lawyer Sara April expects to see more news outlets go into local hands as some big chains focus on their larger products and spin off their smaller ones.
“It’s definitely safe to say that there is a trend of some newspapers returning to local ownership,” said April, a partner in Dirks, Van Essen & April. “… It made sense for these large newspaper companies to build when they did, but now it’s making sense for them to peel off these papers and put them in the hands of people who can really operate them in this day and age.”
