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Media News

Dallas Morning News to be acquired by media company Hearst

Teresa Gubbins
Jul 10, 2025 | 8:51 am
stack of newspapers

Stack of Newspapers

Photo courtesy of VishwaGujarat.com

Dallas' daily newspaper The Dallas Morning News is to be acquired by New York-based Hearst, where it will join a portfolio of 28 daily and 50 weekly newspapers.

The announcement was made on July 10 by Steven R. Swartz, president and CEO of Hearst, and Grant Moise, CEO of DallasNews Corporation and publisher of The Dallas Morning News.

Hearst's portfolio includes ownership in cable television networks such as A&E, HISTORY, Lifetime, and ESPN; 35 television stations; newspapers across the U.S., including the Houston Chronicle, San Francisco Chronicle, and Times Union (Albany); digital services businesses; and more than 200 magazine editions around the world.

The transaction, which has been unanimously approved by the Boards of Directors of both companies, is expected to close during the third or early fourth quarter. It will also include Medium Giant, DallasNews’ marketing agency.

Upon closing, The Dallas Morning News will join Hearst Newspapers, the operating group responsible for Hearst’s newspapers, local digital marketing services businesses and directories, which publishes 28 dailies and 50 weeklies across the United States.

The acquisition of the DMN will give Hearst nearly a complete set of Texas newspapers: In addition to the Houston Chronicle, it also owns the Austin American Statesman and the San Antonio Express News, as well as smaller Texas newspapers such as the Plainview Herald, the Midland Reporter Telegram, the Laredo Morning Times, and the Beaumont Enterprise. The only one missing is the Fort Worth Star Telegram, which is owned by McClatchy.

Jeff Johnson, president of Hearst Newspapers, stated, “Hearst Newspapers is committed to supporting The Dallas Morning News’ continued success through smart investments in their digital strategy, compelling journalism and expanded audience reach. This move aligns squarely with our strategy of backing trusted, high-impact local media brands in growth markets. We’re looking forward to working with the teams at The News and Medium Giant.”

Robert W. Decherd, DallasNews Corporation’s former board chairman, president and chief executive officer during a career spanning 50 years, and current owner of a majority of the voting power of DallasNews Corporation stock, said, “The News’ 140-year commitment to distinguished journalism has been extraordinarily important to the evolution of Dallas as one of America’s greatest cities. We have generations of News employees to thank for this. I’m confident that the path forward with Hearst Newspapers assures The News’ ability to continue informing and strengthening North Texas for many years to come.”

DallasNews shareholders will receive $14 in cash for each share of common stock - a premium of 219% based on the closing price of DallasNews’ common stock of $4.39 per share on July 9, 2025. The deal is valued at $79 million, according to the DMN. Upon closing of the transaction, DallasNews Corporation will become a private company and its shares will no longer trade on Nasdaq.

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Movie Review

'Tony' offers a revealing look at Anthony Bourdain before fame

Alex Bentley
Aug 20, 2026 | 10:28 am
Antonio Banderas and Dominic Sessa in Tony
Photo courtesy of A24
Antonio Banderas and Dominic Sessa in Tony.

The reason that most biopics fail is because they try to do too much, telling a “cradle-to-grave” story or one taking place over a long period of time that only scratches the surface of understanding the full measure of a particular person. A better approach is the one taken in the new film Tony, which uses a formative period of time in the life of Anthony Bourdain to identify a larger truth about him.

The film finds Tony (Dominic Sessa), as he liked to be known at the time, in his early college years, trying to BS his way through life. He tells lies to professors, his parents (Dagmara Dominczyk and Rich Sommer), his old classmate Nancy (Emilia Jones), and even himself in an attempt to skate by without actually doing anything.

When one con falls through, he follows Nancy to Provincetown, Massachusetts to try to find her. A series of events result in him getting drunk in a restaurant owned by a chef (Antonio Banderas), who takes him in. Tony starts working as a dishwasher and hanging out with Sal (Leo Woodall), who barely has his own act together. With no other options, he spends his summer on Cape Cod, hoping something will happen to change his lot in life.

Written and directed by Matt Johnson (Blackberry) and co-written by three others, the film gives barely a hint of the man who would go on to become a celebrity chef and acclaimed author. It does indicate that his brashness was always there, but this Tony is aimless and too often rash in his decision-making. His biggest success in the film only comes when he finally recognizes that lying has brought him nothing but misery, and that telling the truth, even if it’s painful, sets him free.

The restaurant at which Tony works, the now-defunct The Flagship, is the heartbeat of the film, containing a motley crew of people who bond over slinging mostly mediocre seafood. Johnson evolves Tony’s relationship with the chef (who’s never given a proper name) into a strong one as Tony spends each night in a hammock on the chef’s porch, only to be woken up each morning with a pot of water thrown in his face.

Tony continues to pursue Nancy for most of the film, and even though their relationship is not fruitful in terms of storytelling, it serves to enforce the mindset of the young man. Nancy only exists as an object of desire for Tony, with just the barest touch of an interior life of her own. While the intent of including a romantic interest for Tony makes sense in a way, it ultimately is the weakest part of the film.

Sessa, who made a bold film debut in 2023’s The Holdovers, has turned into one of the industry’s bright young stars. He embodies the moodiness of Bourdain, stalking around the town with a scowl and lanky walk that tells the audience everything they need to know about the character. Banderas and Woodall (Tuner) bring different types of great energy, and while Jones’ part is not great, she proves that - following CODA - she’s going to be around for a long time, as well.

Fans of Bourdain may lament that Tony doesn’t show anything from the years in which he became famous, but the small and personal film makes a great case that the period it depicts is equally significant to his life. It demonstrates that Tony’s summer on Cape Cod gave him some direction, a reason for being that allowed him to become who he eventually became.

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Tony opens in theaters on August 21.

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