The Coffs Harbour Advocate is on the way to having a new owner, because APN News and Media has agreed to sell its 12 daily papers and more than 60 non-daily newspapers in Queensland and northern New South Wales.
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The buyer is Murdoch's News Corp and he's picked up the Advocate and sister papers for a bit more than $36 million.
In a statement by Australian Regional Media's editorial director, Bryce Johns he said selling the paper was to help the longevity of print.
"Doing things on a larger scale has to mean you do it more efficiently," he said.
"APN wants to focus on its radio stations and outdoor advertising business. Fair enough.
"All around the world, and particularly in Australasia right now, big media entities are merging to make sure they are stable enough to take the fight to new media.
"Mr Johns said that the CEO Neil Monaghan told staff yesterday: "It's much better to be working for someone who wants to own you than someone who wants to sell you.''