theadvocate.com

Gambit, New Orleans’ signature weekly news and entertainment paper, has been purchased by the parent company of The New Orleans Advocate.

Advocate owners John and Dathel Georges purchased the weekly from Margo and Clancy DuBos, native New Orleanians who have owned Gambit since 1991. Terms were not disclosed.

John Georges said the purchase was in line with his vision of preserving iconic Louisiana brands and creating a locally owned media company dedicated to traditional journalistic values, in print and online. Besides The Advocate, which they purchased in 2013, the Georges own the St. Tammany Farmer and weekly newspapers in Zachary and East and West Feliciana parishes. The Advocate is the state’s largest newspaper.

“Dathel and I believe Gambit is a perfect fit with our other media properties and performs an important role covering Louisiana’s unique mix of arts, entertainment, politics and culture,” John Georges said. “We want to keep Gambit locally owned and thriving.”