REGION — On Monday, U-T San Diego finalized a deal with MainStreet Communications to purchase eight local community newspapers.
The U-T announced on Nov. 1 that it would be purchasing a group of papers, including the Del Mar Times, Rancho Santa Fe Review, Poway News Chieftan, the Ramona Sentinel, Carmel Valley News, La Jolla Light, Rancho Bernardo & 4S Ranch News Journal, and the Solana Beach Sun.
According to reports, the move was made as a part of “a larger effort to expand hyperlocal news for the county.”
No financial details of the deal have yet been released.
Phyllis Pfeiffer, who served as the publisher of the MainStreet group of papers, will now serve as the general manager and vice president of the newly created U-T Community Press division.
Neither Pfeiffer, nor MainStreet Communications’ Senior Vice President and COO Stephen P. Staloch returned calls for comment.
The Coast News Group, which publishes The Coast News and the Rancho Santa Fe News, remains one of the few independently owned newsgroups in the county.
Jim Kydd, publisher and owner of the Coast News Group said he isn’t sure whether the recent purchase will be a good thing or a bad thing for his newspapers.
“On the plus side for us, the U-T seems to be neglecting coverage previously provided by the recently purchased North County Times,” Kydd said in a statement.
“This has helped us, and we are moving to provide more coverage and circulation in these areas.
I have even been approached to start a new daily to fill the void, which I have no plans to do.”
The U-T purchased the North County Times in October 2012 and has since dissolved the paper.