The Santa Barbara News-Press is poised to sell its online assets during an upcoming bankruptcy hearing. The sale will include the domain names newspress.com and sbnewspress.com, all website content, social media accounts, and the registered mark Santa Barbara News-Press. The former publication, which boasts a storied 150-year history, once housed 50 journalists in its bustling newsroom and operated the area’s sole large-scale printing press. By April of 2023, the News-Press had a dwindling staff and subscription base which prompted a relocation from its historic headquarters adjacent to Santa Barbara City Hall to its printing press facility in Goleta. The following month bankruptcy filing documents showed the paper’s holding company, Ampersand Publishing, owed $5.13 million to creditors.

Source: Los Angeles Times March 14, 2024 04:58 UTC