The CNHI newspaper chain is up for sale. The company, with newspapers in 22 states, owns several properties in Massachusetts, including The Eagle-Tribune of North Andover, The Daily News of Newburyport, The Salem News and the Gloucester Daily Times. CNHI merged with Raycom Media last September. What prompts the sale, apparently, is that Raycom is being acquired by a television company that wants to be rid of its newspapers.
CNHI, based in Montgomery, Alabama, is owned by public employee pension funds in that state. Its papers have been operated on the cheap, with staff members being subjected to unpaid furloughs over the years. But we are now in an era of defining deviancy down with respect to chain newspaper owners, which means that the pending sale is nothing to celebrate. The alternatives are likely to be bad or worse.
The logical buyers would be either of two national chains: GateHouse Media, which owns more than 100 papers in Eastern Massachusetts, or Digital First Media, which owns the Boston Herald, The Sun of Lowell and the Sentinel & Enterprise of Fitchburg. GateHouse, at least, has been getting some favorable attention lately. Not so much for Digital First.
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