The media landscape in northwest New Mexico is set to shift as Gannett Co., Inc., the parent company of the Farmington Daily Times, finalizes an agreement to sell the long-standing local newspaper. Ballantine Communications Inc., which launched the Tri-City Record last year, is poised to acquire the Daily Times, marking a significant consolidation in the region’s news outlets.
The sale, expected to be completed on June 1, will see the Farmington Daily Times merge operations with the Tri-City Record. While the financial details of the acquisition remain undisclosed, Ballantine Communications has expressed enthusiasm about integrating the Daily Times into its portfolio. John Blais, CEO and Publisher of Ballantine Communications, stated the company’s commitment to delivering “credible and comprehensive local reporting” to the Farmington Daily Times’ readership, aiming to win them over with their approach.
Established in 1949 as The Daily News, the Farmington Daily Times has a rich history rooted in the late 19th century, serving the community under various names. Gannett’s ownership began in 2015, and now the newspaper transitions again, this time into local hands with Ballantine Communications.
Subscribers of the Farmington Daily Times will see their subscriptions carried over to the Tri-City Record. Adjustments will be made to reflect the Tri-City Record’s print schedule of three days per week, and current subscribers with inquiries are directed to the customer service portal provided by Daily Times.
Company officials from Gannett have assured a collaborative approach to ensure a seamless transition for both readers and staff. Michael Anastasi, Gannett VP of Local News, emphasized Gannett’s mission to support communities and explained that business decisions are made with this commitment in mind. He acknowledged the community’s support and the employees’ hard work throughout Gannett’s ownership.
This sale aligns with Gannett’s broader strategy following its acquisition by GateHouse Media in 2019. The company has been divesting some publications to local or regional owners as part of a strategy to streamline operations, reduce expenses, and invest more heavily in digital audience growth across its national network of community news platforms. This move reflects the ongoing evolution within the news industry, balancing print media with the increasing demand for digital news consumption.
