Boston Herald
The Boston Herald (1846 - present) is a daily newspaper that has changed names and ownership multiple times since its founding. The paper began as an inexpensive double-sided one-sheet paper. It grew quickly, developed a Sunday edition (The Boston Sunday Herald), and absorbed several competitors in Boston. In the late 1940s, it merged with the Boston Traveler to form the Boston Herald Traveler. In 1972, this paper went bankrupt and was sold to a rival, William Randolph Hearst's the Record American and became the Boston Herald American, but within a decade this paper also went bankrupt. In 1982, Rupert Murdoch bought the paper and reverted its name to The Boston Herald, which it has retained ever since. Murdoch's News Corp. was forced to sell the paper in 1994 due to legal limitations over operating newspapers and television in the same market; it was sold to Patrick Purcell, a former News Corp. executive. Purcell sold the company to Liberty Group Publishing in 2006, but in 2017 the company went bankrupt again, going through a lengthy dispute between potential buyers before ultimately being acquired by Digital First Media, which remain its current owners.
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