The San Diego Daily Transcript announced Thursday that it has sold parts of its operation to Los Angeles-based Daily Journal Corp., which operates small business and legal newspapers around California and Arizona.
In July, the 130-year-old SDDT announced that it would stop producing its print edition at the beginning of September, and continue its online operation for a few weeks before shutting that down, as well. Publisher Robert Loomis cited increasing costs and the "changing publishing paradigm" for the move.
The Daily Journal purchased the Daily Transcript's name and masthead and certain other assets, and will begin publishing under the paper's banner Sept. 2, according to Thursday's announcement.
The Daily Journal Corp. did not immediately respond to a request for comment. The company also operates the San Diego Commerce newspaper.
According to the Transcript's website, its roots go back to 1882, when it began publishing as the National City Record. It changed names through a variety of owners, and took on the Transcript name in 1886.
