The Daily Gazette Acquires Two New York Newspapers
The Daily Gazette, a New York newspaper, is acquiring The Adirondack Daily Enterprise and the Lake Placid News. The move reflects ongoing consolidation in the regional print media industry as publishers seek scale to survive shrinking ad revenues and competition from digital media.
- The acquisition was a deal between two family-owned media companies; The Daily Gazette is owned by John DeAugustine, who purchased it from the Hume-Lind family in 2024, while the Adirondack Daily Enterprise and Lake Placid News were sold by Ogden Newspapers, which is owned by the Nutting family. The Nutting family also owns the Pittsburgh Pirates baseball team. - This purchase is part of a broader expansion by The Daily Gazette's owner, John DeAugustine. Since 2019, his company has also acquired The Recorder in Amsterdam, The Leader-Herald in Gloversville, The Daily Mail in Catskill, and The Register-Star in Hudson. - [The Adirondack Daily](https://vertexaisearch.cloud.google.com/grounding-api-redirect/AUZIYQG4__KYD5zDE7g89fFQeVs5g_0PHFC443B2lGV_ces4HsULOMaJoYop8oLsjYpWHsGUF39K5X7ediOLUBGgR5i4WaSkbn6KXCVPq31vYPDaUEKvbTXqlNNCDj2_DXGhUcbyiXc_2mTfShB8CRfMoWJzuW4ra2E0FOPj) Enterprise, founded in 1895, is the only daily newspaper published within the 6-million-acre Adirondack Park. The Lake Placid News is a weekly newspaper that has been in operation since 1905. - The Daily Gazette, established in 1894, had a reported paid daily circulation of over 35,000 in May 2024. The Adirondack Daily Enterprise is published six days a week. - The deal, which is set to close on March 2, does not include the printing press at the Enterprise's offices in Saranac Lake. The new owner has expressed an intention to retain as many staff members as possible. - The seller, Ogden Newspapers, is a West Virginia-based company that operates dozens of daily and weekly newspapers across the United States. The company has stated that a strong regional group like The Gazette News Group would support the long-term health of the Adirondack papers.