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Banner sold to firm led by southern Vermont software entrepreneur Paul Belogour


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BRATTLEBORO — The Bennington Banner, Brattleboro Reformer and Manchester Journal are being sold by New England Newspapers Inc., to Vermont News and Media LLC, a company headed by software entrepreneur Paul Belogour of Guilford.
The sales price was not disclosed, and Belogour said the terms are confidential.
Under the terms of the transaction, which takes effect May 14, NENI, based in Pittsfield, Mass., will continue to print the newspapers — the Reformer and the Banner, both daily, and the Journal, a weekly — for at least five years.
Vermont News and Media, LLC, will hire all of the New England Newspapers Inc.’s Vermont current employees. It will also purchase UpCountry, a magazine focused on and distributed in Berkshire County, Mass., and Windham and Bennington counties. ....

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Reformer sold to firm led by southern Vermont software entrepreneur Paul Belogour


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BRATTLEBORO — The Brattleboro Reformer, Bennington Banner and Manchester Journal are being sold by New England Newspapers Inc., to Vermont News and Media LLC, a company headed by software entrepreneur Paul Belogour of Guilford.
The sales price was not disclosed, and Belogour said the terms are confidential.
Under the terms of the transaction, which takes effect May 14, NENI, based in Pittsfield, Mass., will continue to print the newspapers — the Reformer and the Banner, both daily, and the Journal, a weekly — for at least five years.
Vermont News and Media, LLC, will hire all of the New England Newspapers Inc.’s Vermont current employees. It will also purchase UpCountry, a magazine focused on and distributed in Berkshire County, Mass., and Windham and Bennington counties. ....

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Banner, Reformer, Journal sold | Vermont Business Magazine


Vermont Business Magazine The owner of the Brattleboro Reformer, Bennington Banner, Manchester Journal and UpCountry Magazine is selling the properties to a new group formed by Paul Belogour of Guilford, Vermont. The Reformer and Banner are daily newspapers, the Journal is a weekly and UpCountry is a lifestyle magazine that covers the Berkshires and Bennington and Windham counties in Vermont. They were all part of New England Newspapers Inc, which includes the daily Pittsfield (MA) Eagle.
NENI president and publisher Fredric D Rutberg made the announcement today. He said they are holding onto the Eagle as they expand the digital products. All employees will be retained. Financial terms were not disclosed. ....

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