Caerphilly Observer, launched in July 2009 by journalist Richard Gurner (pictured), is now a fortnightly, full-colour, 16-page tabloid newspaper.
Former Brighton Argus journalist Richard made the move into newsprint thanks to a European Union-funded business grant from Caerphilly County Borough Council.
Richard said: "The first edition went smoothly and the support we've had from advertisers has been nothing short of phenomenal.
"Seeing the first edition roll off the press at 3.30am has made all the effort worthwhile. Caerphilly Observer is now a physical presence in the world that people can pick up and take home. It is no longer confined to the online world."
Since its launch in 2009, say the publishers, CaerphillyObserver.co.uk has grown to attract an average of 50,000 page views and 20,000 unique visitors a month.
The print edition of Caerphilly Observer has a circulation of 10,000 copies and is the only free newspaper to cover the whole of Caerphilly County Borough. It is being distributed in shops and newsagents for readers to pick up.
Richard added: "Caerphilly County Borough doesn't have a newspaper dedicated exclusively to the entire area and it is this gap in the market that we will be addressing.
“The goal for Caerphilly Observer is to create a sustainable, locally-owned media that our readers can be proud of.
"Despite huge traffic numbers that we can be proud of, there are still large parts of our community unfamiliar with Caerphilly Observer. The print edition will expand our audience and grow our brand to reach people not already online."
Caerphilly Observer will receive funding to help produce the first four editions from Caerphilly County Borough Council's Caerffili Cwm a Mynydd Rural Development Programme Partnership. The grant is part funded through the European Agricultural Fund for Rural Development (EAFRD) and the Welsh Government.
