LANCASTER, Calif. -- The publisher of the Antelope Valley Daily Ledger-Gazette announced the demise of the 97-year-old newspaper in a front page story.
'It is our feeling that the Lancaster market is not of sufficient size to support the number of media serving the community and dependent upon advertising revenues,' Ralph Gastelum said in Thursday's final edition.
The Antelope Valley Press in nearby Palmdale said it had acquired the Ledger-Gazette's 'name, good will, subscription list and files' for an undisclosed sum.
The Ledger-Gazette's name will become part of the Valley Press' masthead. The paper's equipment and building will be put up for sale.
The Ledger-Gazette, which published Monday through Friday with a circulation of 5,800, was one of the Thomson Newspapers' group of 62 papers. It employed 40-50 people.
The office will remain open 30-to-60 days to collect outstanding accounts and to give refunds of prepaid subscriptions.
Thomson acquired the Ledger-Gazette in 1978 from owner-publisher John Valentine, who had run the paper for more than 20 years.
In addition to the two newspapers, a half-dozen radio stations compete for ad revenue in the Antelope Valley, about 40 miles north of Los Angeles.