Northwest Asian Weekly, a news website and former weekly newspaper based in the Chinatown International District, has been sold to a group of four investors, the publication announced May 24 in a post on its website. The new owners are Grace Roh, a financial manager who will serve as the new publisher; her husband Dr. Jeffrey Roh, a tech executive; Tim Wang, an ad agency executive; and Sam Cho, director of strategic initiatives for Mayor Bruce Harrell, and Port of Seattle commissioner.  

According to the Weekly, both parties to the sale will keep the financial details confidential.

“I know these people will always have the community in mind so that’s why I feel very good about my decision, and I hope they feel good about taking this over,” said former Weekly publisher Assunta Ng said in the announcement. Ng’s last day as publisher was May 31, but she will continue being involved as a volunteer. 

According to the announcement, the Weekly will have editorial independence from the ownership. 

The sale comes seven months after Ng closed the Weekly’s sibling publication the Seattle Chinese Post, donating it to the Tacoma-based Asia Pacific Cultural Center.

At the beginning of 2023, the Weekly ceased printing, going online only, after over 40 years in print. The decision came after the paper faced financial challenges, and Ng’s husband George Liu was diagnosed with cancer.

In a post introducing herself on the Weekly‘s website, publisher Roh said the Weekly must continue growing in a new era “by bridging the digital gap towards wider accessibility, and to build stronger connections across social media, mobile apps, and new technologies.”

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