PITTSFIELD, Mass. — The Berkshire Eagle's parent company revealed it may be looking to sell off all or parts of its newspaper business.

Digital First Media CEO John Paton announced on Friday that the company is using investment bank UBS to review "strategic alternatives."

"Strategic alternatives — what does that mean exactly?

"Well, it could mean we decide to sell the company. Or sell parts of it. Or expand it. Or stay the course," Paton posted on his blog.

It's been rumored the company has been trying to cut $100 million out of its overall operating budget this year.

DFM operates Digital First Ventures, 21st Century

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