How a custom processor for a group of Bristol Bay drift boats ran late and ran out of money in 2017. The owner went broke, the fishermen lost their market, the crew was never paid, and for some ten days the troubled vessel and crew languished against their will in the Nushagak River. Liens piled up on the 130,000 lbs of frozen sockeye onboard as the captain steamed to Dutch Harbor for repairs.
Siblings from Fairbanks lead by businessman Ryan Binkley and Jason Evans originally of Nome took control and plan to take ownership. Evans currently owns three small Alaska papers: the Arctic Sounder, Bristol Bay Times-Dutch Harbor Fisherman and Homer Tribune.
If the full Juneau Assembly advances the proposal at its Aug. 21 meeting, voters will get the final say through a local ballot question in the October municipal election. As amended Wednesday, the extra 2 percent tax would be in effect from 2018 through 2021.
The Juneau Empire, Peninsula Clarion and Homer News are among 11 newspapers sold by Morris Communications for $120 million. The new owner is GateHouse Media, which has been aggressively buying newspapers across the United States.