FARMVILLE, Va.—Farmville Newsmedia, LLC, a new Virginia entity wholly owned by Natchez-based Carpenter Newsmedia, LLC (CNL), purchased The Farmville Herald from the Wall family on Friday. CNL is an affiliate of Boone Newspapers, Inc. (BNI) with offices in Natchez and Tuscaloosa, Ala.

Todd Carpenter, of Natchez, is principal owner of CNL and is BNI’s president and chief executive officer. BNI’s chairman is James B. “Jim” Boone Jr. of Tuscaloosa, Ala. BNI owns and publishes The Natchez Democrat.

The sale ends three generations of ownership by the Wall family.

Carpenter said he and Boone are “deeply appreciative of the confidence the Wall family has placed in CNL and BNI as their successors, and we will work hard to merit that confidence.”

“We look forward to working with the excellent group of people at The Herald and in the Farmville community and will work hard to build on the good foundations put down by the Wall family,” Carpenter said.

BNI Vice President Steve Stewart, a McComb native and University of Mississippi graduate, succeeds Steve Wall as publisher.

CNL has ownership in newspapers in Mississippi, Alabama, Georgia, Louisiana, North Carolina, Texas and Virginia. Carpenter has been president and CEO of BNI for the past 11 years.

BNI and CNL own and BNI manages 61 newspapers and 30 magazines in similar-sized communities that, in addition to those in which CNL has ownership interest, are in Minnesota, Michigan and Ohio.

The organization has a rich history of quality newspapers, websites, magazines and other publications in the communities it serves, explained in part by Boone’s corporate philosophy: “We seek to produce the highest quality product the economics of the community can support. And then, by ingenuity and imagination, we strive for a higher quality in an effort to serve and build that community.”