USA Today Co., owner of the Detroit Free Press, says it will purchase the Detroit News
USA TODAY Co. will keep The Detroit News and Detroit Free Press as separate papers, expanding its network with over 200 local publications, the deal partly funded by Apollo Global Management.
- USA TODAY Co. announced Monday it plans to acquire The Detroit News with a binding Letter of Intent executed on Jan. 26, 2026, expecting closure by the end of January.
- After the joint operating agreement ended Dec. 28, 2025, MediaNews Group, owner of The Detroit News, has reduced holdings amid pressure on print advertising.
- Financing will combine cash and Apollo-managed funds, USA TODAY Co. said, offering editorial employees at The Detroit News jobs and subject to customary closing conditions with amended credit facility terms.
- The acquisition could reshape Detroit's local-news landscape and competition, raising questions about how readers in the Detroit metropolitan area will be affected given the editorial voices of the Detroit Free Press and The Detroit News, while similar arrangements have drawn federal scrutiny.
- The sale returns The Detroit News to its former corporate parent after the Scripps family sold it to Gannett for $717 million, with Pulitzer recognition for The Detroit News and the Detroit Free Press .
29 Articles
29 Articles
USA TODAY Co. Aims to Acquire The Detroit News as Joint-Operating Era Ends
USA TODAY Co. has announced plans to acquire The Detroit News following the conclusion of a long-standing joint-operating agreement with the Detroit Free Press. The move marks a significant shift in the region’s media landscape, ending decades of collaboration between the two newspapers. As the transition unfolds, industry observers are closely watching how the acquisition [...]
Owner of the Detroit Free Press, says it will buy The Detroit News
USA Today Co., the newspaper publisher formerly named Gannett, says it plans to acquire The Detroit News. USA Today Co. also owns the Detroit Free Press, and the two major metropolitan newspapers have long competed against each other. The two…
USA TODAY Co. to acquire The Detroit News, joining Detroit Free Press under one owner
DETROIT, MI - USA TODAY Co., the parent company of the Detroit Free Press, announced Monday it will acquire The Detroit News while continuing to publish it as a separate newspaper.
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