In April, when Ray Clark wrote in the Gray News “Some Gray News advertisers have received telephone calls suggesting that another newspaper has purchased The Gray News. There is no truth to this story. The Gray News has not been purchased, is not discussing being purchased and is not for sale,” I knew the opposite was true. I spoke with Gray News new owner Donato Corsetti in June, and he told me he had been negotiating with the Gray News, and it was going slow.
This week, Mr. Clark shared the results of that negotiation, and it seems the paper has been absorbed into the Windham business man’s chain of newspapers, along with the Windham Independent and New Gloucester News.
My goal was to found and build The Monument into something saleable within 5-6 years and then sell it to an independent company. The idea was to offer the people of the town of Gray some solid journalism and then berth the paper with a stable company.
Though it was always my goal to sell the paper, when the time came it was still a very hard and emotional moment. So to the Gray News Board of Directors: I can’t imagine the heartache surrounding your decision, and I extend deep compassion for you in your time of loss and new beginning, and congratulations, too.
Congratulations, Gray News, as well, you have a new life ahead of you. The people of the Town of Gray have a wealth of journalistic opportunity, two newspapers now adhering to the main tenet of journalism: citizens come first.
And to Mr. Corsetti, the Gray News’s new owner, from one savvy Italian to another, may the best paper win.