Bakersfield, Tehachapi papers sold
Sound News Media has acquired the assets of TBC Media, which publishes The Bakersfield Californian and Tehachapi News, The Californian reports. Terms of the transaction, which is slated to close June 30, were not disclosed.
“We are honored to have been a steward of the newspaper in Kern County, and have loved being part of this vibrant community and providing it with a relevant and reliable news source,” read a statement from the selling family: Garret P. (“Peter”) Cowenhoven; Virginia L. (“Ginny”) Cowenhoven and Virginia F. (“Ginger”) Moorhouse.
Ginger Moorhouse, 2003 CNPA president, is the great-great granddaughter of Alfred Harrell, who purchased The Daily Californian for $1,000 in 1897. Her daughter Ginny had been associate publisher since 2014.
Sound News Media is a new company run by Steven Malkowich, executive vice president at Canada’s Alberta Newspaper Group. Its other California holdings include the Antelope Valley Press in Palmdale and the Lodi News-Sentinel.
Elsewhere: Who are the mystery investors buying some of California’s last family-owned newspapers? (Los Angeles Times)