Hearst buys parent company of Dallas Morning News, expanding Texas footprint
Shareholders at the publicly traded DallasNews will receive $14 per share, valuing the deal at nearly $75 million, the Dallas Morning News reported.
The Dallas Morning News will join the company's Hearst Newspapers division, the company said, which publishes 28 dailies and 50 weeklies, including the San Francisco Chronicle, the Houston Chronicle and Times Union in Albany, N.Y.
The Dallas Morning News, one of the largest newspapers in Texas, has served the Dallas-Fort Worth area for 140 years and won nine Pulitzer Prizes. The acquisition also includes Medium Giant, a marketing firm also owned by DallasNews. The marketing firm will ' complement Hearst Newspapers' agency level services,' the company said in a statement.
'Hearst Newspapers is committed to supporting The Dallas Morning News' continued success through smart investments in their digital strategy, compelling journalism and expanded audience reach,' Jeff Johnson, president of Hearst Newspapers, said in a statement.
The acquisition was expected to close in the next few months, Hearst said.
Hearst was also reportedly a bidder for the Santa Rosa Press Democrat this spring but that publication, and six others in the North Bay, was purchased by Alden Capital, an investment firm that has been criticized for reducing the number of journalists in its newsrooms.
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Boston Globe
08-08-2025
- Boston Globe
Sallie Bingham, author at the center of a newspaper drama, dies at 88
The newspapers, run next by Sallie Bingham's father, Barry Bingham Sr., flourished in the decades that followed. They won Pulitzer Prizes and became known for their liberal political positions. But by the 1980s, the newspaper industry was in financial trouble. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up Sallie Bingham, meanwhile, had been living since college in New York City, where she made a career as a writer, publishing a novel and numerous short stories. But in 1977, after her second divorce, she went home to Louisville hoping to advance her playwriting career at a new theater there and to improve family relations. Advertisement Her brother Barry Jr. was now the newspapers' boss, the job having come to him after the oldest Bingham brother, Worth, died in a car accident in 1966. Back home, Sallie Bingham dutifully attended board meetings for a few years before joining The Courier-Journal's staff, as book-page editor, in 1981. She soon began questioning the paper's treatment of its employees, particularly women and members of minority groups, and publicly joined a political committee, violating the company's ethics rules. Advertisement When her brother forced her off the companies' boards in 1983, along with her sister and their mother, Ms. Bingham had had enough. She offered to sell her shares in the business to her relatives. But they declined, so she put those shares (valued by one company at $80 million to $90 million) up for sale to the public. The siblings' parents conferred, soul-searched, and decided that their only path forward was to sell the entire family business, which included television and radio stations, in 1986. The newspapers went to the Gannett chain, the owner of USA Today and the nation's largest newspaper publisher. The Louisville Times ceased publication in early 1987. Barry Bingham Jr. told Adweek magazine in 1985 that he had been justified in ousting his sister from the boards, saying, 'Sallie had very little to offer to the companies' direction.' Speaking to Ms. magazine in 1986, Sallie Bingham disagreed: 'It's just that for Barry, anyone who was not marching in step was a big threat.' Then she wrote 'Passion and Prejudice: A Family Memoir' (1989). That book laid out the family's history, including vivid details about Mary Lily Kenan Flagler Bingham's death: She had a heart problem, which had been treated by a dermatologist, who prescribed unusual amounts of morphine. There was an exhumation by her family and a secret autopsy. Ultimately the book condemned the Bingham family, and the system in which it operated, as immoral, misogynist, and racist. Advertisement Publishers Weekly called 'Passion and Prejudice' a 'powerful, mesmerizing autobiography' about disillusionment, written with 'charm, poise and controlled fury.' But reviews ran the gamut: The Los Angeles Times critic complained that the book was 'more Freudian than Faulknerian' and might have been more aptly titled 'Sallie's Revenge.' As journalists Alex S. Jones and Susan E. Tifft noted in their book 'The Patriarch: The Rise and Fall of the Bingham Dynasty' (1991), many people in Louisville saw Sallie Bingham as the villain. Sarah Montague Bingham, nicknamed Sallie, was born on Jan. 22, 1937, in Louisville, the third of five children of Barry and Mary Clifford (Caperton) Bingham. She grew up outside Louisville with her parents (who traveled frequently), her siblings and five servants in a Georgian-style mansion on the family's 40-acre estate on the Ohio River. Sallie graduated in 1958 from Radcliffe College. 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In her New York Times review, Michiko Kakutani found the production static but praised Ms. Bingham's 'colloquial and often beautiful language,' 'poetic ear,' and 'precise and observant eye.' Advertisement A year after the sale of the family newspaper business, Ms. Bingham founded the Kentucky Foundation for Women, dedicated to fostering feminist expression in the arts through grants and artist retreats. She financed it with $10 million of her own money. After the success of 'Passion and Prejudice,' she returned to writing novels. When 'Small Victories' (1992) appeared, Publishers Weekly praised her for 'communicating bone-deep truths' but criticized her 'florid overwriting.' The same publication called 'Matron of Honor' (1996), about the women in a wealthy family coming to terms with their personhood, 'her best yet.' Her last novel, 'Taken by the Shawnee' (2024), was inspired by an ancestor's 18th-century experience. Two of her last books were nonfiction. 'The Silver Swan: In Search of Doris Duke' (2020) was about the 20th-century tobacco heiress. In 2022, she published 'Little Brother,' a memoir about her sibling Jonathan, who died in 1964 at the age of 21 after being accidentally electrocuted. Ms. Bingham married and divorced three times. She met A. Whitney Ellsworth, the first publisher of The New York Review of Books, in college and was his wife from 1958 to 1963. She married Michael Iovenko, a Wall Street lawyer who headed the Legal Aid Society, in 1965. They divorced in 1976. In 1983, she married Timothy C. Peters, a Louisville contractor. They divorced in 1990. She leaves two sons -- Barry Ellsworth, a film producer and art gallerist, and Christopher Iovenko, a writer -- and five grandchildren. Her youngest son, William Iovenko, disappeared in 2017; his remains were found 16 months later in the Colorado mountains, where he had frozen to death. Advertisement She is leaves a sister, Eleanor Bingham Miller. Barry Jr. died of complications of Hodgkin's disease in 2006. This article originally appeared in
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