[detroit news]
The Detroit News to be acquired by USA TODAY Co., owner of Detroit Free
Press
USA TODAY Co., owner of the Detroit Free Press, will acquire The Detroit
News and continue to publish it separately, it announced Monday.
The company said it has agreed to a binding letter of intent to acquire
The News from MediaNews Group, a transaction it expects to complete by
month's end. Terms of the deal will not be disclosed, the announcement
said.
USA TODAY Co. noted it is acquiring the three-time reigning Michigan
Newspaper of the Year for journalistic excellence, as honored by the
Michigan Press Association. The News is a leading source of digital news
and one of the top regional digital news sources in the nation.
"Welcoming The Detroit News fully to our network will enable the continued
delivery of trusted, high-quality news and content to our audiences and
advertisers in the region," CEO Mike Reed said in a statement. The
acquisition "reinforces our commitment to local journalism in the Detroit
metropolitan area."
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rest:
https://www.detroitnews.com/story/business/2026/01/26/the-detroit-news-to-be-acquired-usa-today-co-owner-detroit-free-press/88361407007/
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