Daily Gazette of Schenectady to acquire Leader-Herald in Gloversville

Daily Gazette Board Chairwoman Betsie Hume Lind speaks in front of The Daily Gazette building at a ceremony marking the newspaper's 125th anniversary in 2019.
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Daily Gazette Board Chairwoman Betsie Hume Lind speaks in front of The Daily Gazette building at a ceremony marking the newspaper's 125th anniversary in 2019.

SCHENECTADY — The Daily Gazette announced Tuesday it will acquire The Leader-Herald newspaper of Gloversville.

The move will bring a sixth publication into the family of newspapers produced by The Gazette, and will further its goal of providing quality journalism to local communities.

“First and foremost, the acquisition of The Leader-Herald means the residents of Gloversville and the surrounding areas will continue to have access to their hometown newspaper with local reporters covering local news,” said Gazette President and Publisher John DeAugustine. 

Readers of The Leader-Herald, one of a relatively small number of remaining afternoon-publication papers, will see one significant change in the next 60 days: It will move to morning delivery.

“We’re thrilled with this opportunity,” said Daily Gazette Editor Miles Reed. “Fulton County is rich in stories to be told and news to be reported, and we’re excited to be able to carry the mantle of the local paper.

“Thanks to the Gazette’s decades-long presence in Fulton County, we already have a deep understanding of the area’s economy, school systems, natural beauty and more. It’s a logical move in our effort to expand our reach.”

DeAugustine said The Leader-Herald will continue to publish independent daily content but will be able to eliminate certain fixed costs while leveraging the larger resources of The Gazette to provide a better product to its readers and advertisers.

“As a family-owned newspaper, it gives everyone at The Gazette great pride knowing that we are continuing the mission and legacy of another family-owned newspaper like The Leader-Herald,” said Daily Gazette board Chairwoman Elizabeth “Betsie” Hume Lind. “Local newspapers help form the foundation of our communities, so making sure we preserve and enhance the journalistic offerings of The Leader-Herald for future generations is vitally important to us.”

DeAugustine and Gazette Managing Editor Cailin Brown will be publisher and editor, respectively, of The Leader-Herald. Both also will maintain their current duties and titles at The Gazette.

“The Daily Gazette has become a highly diversified media company with a deep bench of award-winning and talented people all striving for journalistic excellence, and we couldn’t be happier to have Cailin help lead our efforts at The Leader-Herald,” DeAugustine said. 

Brown said: “We plan to build on the local journalism at The Leader-Herald and bring to our readers the news that will help them in their daily lives. We look forward to producing and delivering a newspaper that reflects the community it covers.”

The Leader-Herald is an Ogden Media publication owned by The  Nutting Company. It prints approximately 3,700 weekday editions and 5,800 Sunday editions. It covers Fulton Hamilton and Montgomery counties.

The Gazette, published since 1894, prints approximately 22,500 newspapers each weekday and 29,300 Sunday editions. In recent years it has added four other newspapers to its portfolio: In 2014 it founded the weekly Your Niskayuna newspaper, and in 2019, it acquired the Amsterdam Recorder, Courier-Standard-Enterprise and Fulton County Express. 

Also in recent years, The Gazette has diversified its revenue stream beyond newspapers, with ventures including an Image360 franchise, an events business and a FedEx Ground franchise.

 

Categories: Business, News

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