Gannett purchases The Record newspaper, parent company
Gannett has purchased the family-owned North Jersey Media Group, which publishes The Record, NorthJersey.com and other newspapers around the state.
The McLean, Virginia-based company announced the purchase of the New Jersey news organization on Wednesday. Gannett already operates six daily newspapers and websites in New Jersey, including the Asbury Park Press in Neptune.
The sale also includes the Herald News, along with community newspapers.
The Record has been owned by the Borg family since 1930 and is lauded in the state for its journalism, including its work fighting for access to public records.
The sales price wasn't disclosed, but Gannett said it would add $90 million in annual revenue to the company.
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