The Brighton and Hove Independent newspaper has been sold to Johnston Press, which owns a chain of local newspapers across the country.
Johnston Press chief executive Ashley Highfield tweeted news of the deal this afternoon (Friday 3 July).
He said: “Johnston Press announces that we’ve concluded a deal to buy the Brighton and Hove Independent.”
The Independent is run by Mark Ansell and Greg Hadfield. It was set up as Love Brighton before changing its name.
The free weekly operates from an office at the Hilton Brighton Metropole and distributes more than 13,000 copies a week from 300 places throughout Brighton and Hove.
Mr Highfield said: “It’s a great title with a superb reputation with both readers and advertisers.
“It’s a small but terrific team – who produce an excellent newspaper and website – and we’re very happy to have them on board.”
Mr Ansell, who founded the Independent’s in 2011, said: “It’s a landmark day for us. We started Brighton and Hove Independent with an ambition to change the media landscape, to do things differently.
“Being part of Johnston Press will allow Brighton and Hove Independent to fast-track growth, to provide even more comprehensive coverage for the city and to go from strength to strength.”
Mr Hadfield, the Independent’s editorial director, said: “This is a big step forward.
“It means we will be in a much stronger position to deliver a newspaper that our city truly deserves.”
The terms of the deal have not been disclosed.
Johnston Press owns 13 paid-for daily newspapers, 195 paid-for weekly newspapers and 40 free titles.
Its Sussex papers including the Worthing Herald, the Eastbourne Herald, the Sussex Express, the Mid Sussex Times and the Hastings Observer series.
Nationally, its stable includes the Yorkshire Post, the Scotsman and the Sheffield Star.
LIKE WHAT WE DO? HELP US TO DO MORE OF IT BY DONATING HERE.