Paddock Publications Inc., parent of the Daily Herald in suburban Chicago, has again expanded its portfolio in southern Illinois with the acquisition of three Carbondale weeklies.
Paddock, whose publications had served only the Chicagoland region, last summer began buying newspapers in downstate Illinois, including five dailies and seven weeklies previously owned by GateHouse Media.
The latest purchase of the Carbondale Times, Weekend Times and Nightlife from Thomas Publishing of Carbondale was completed April 26 and includes a commercial printing and niche publication business, Daily Herald Publisher and CEO Douglas K. Ray said. The weeklies have a combined distribution of 20,000.
“This acquisition is in keeping with Paddock’s strategy for growth, which includes the purchase of select community newspapers and niche products where Paddock’s brand of community journalism and marketing innovation provide additive revenues and profitability,” Ray said in a statement. “It also includes growing niches like commercial printing, digital sales, strategic marketing and Town Square Publications.”
Ray noted that Carbondale is the largest city in its region and home to Southern Illinois University.