21st Century Newspapers

21st Century Newspapers
Industry	Publishing
Founded	1995-2004
Founder	Frank Shepherd; Goldman Sachs Capital Partners II, L.P.; Kelso & Company
Headquarters	Pontiac, Michigan, United States
Area served	Michigan
Key people	Frank Shepherd, Chairman and CEO; Doug Haensel, President and COO
Products	Newspapers, 129 newspaper titles including weeklies and dailies
Revenue	$175,000,000
Net income	$35,000,000
Subsidiaries	Heritage Newspapers

21st Century Newspapers was a corporation owning newspapers in the state of Michigan and based in Pontiac, Michigan and founded in 1995.

History

21st Century acquired newspaper assets of Brill Media Company in August 2002 including Morning Sun daily newspaper and newspapers in Traverse City, Charlevoix, Gaylord and Tawas City and other communities in central and northern Michigan.[1] In September 2002, Booth Newspapers acquired 21st Century Newspapers, Inc.'s Heritage Newspapers' Suburban Flint Newspaper Group which has nine local papers: The Clio Messenger, The Davison Flagstaff, The Fenton Press, The Grand Blanc News, Flint Township News, The Flushing Observer, The Holly Press, The Suburban Burton and Swartz Creek News and included Suburban Flint shopper. All of which operate with the Flint Journal as the Community Newspapers.[2] In 2004, 21st Century was acquired by Journal Register Company.[3]

Assets

Oakland Press
Macomb Daily
Daily Tribune, Royal Oak
Morning Sun, Mount Pleasant [3]

Sold the company in August, 2004 for $415,000,000 cash

Notes

"21st Century Newspapers Acquires Brill Medias Newspaper Assets; Network Now Reaches 69 Percent of Michigans Lower Peninsula Counties". PR Newswire. Retrieved 2012-12-23.
"Booth Newspapers Acquires Nine Suburban Flint Weekly Papers From 21st Century Newspapers". flintjournal.com. Archived from the original on 2008-07-24. Retrieved 2008-04-14.
"JOURNAL REGISTER BUYS MICHIGAN PAPERS FOR $415M Oakland, Macomb, two other dailies, and 87 non-dailies". NewsInc. Retrieved 2008-04-24.

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[1] "21st Century Newspapers Acquires Brill Medias Newspaper Assets; Network Now Reaches 69 Percent of Michigans Lower Peninsula Counties". PR Newswire. Retrieved 2012-12-23.

[2] "Booth Newspapers Acquires Nine Suburban Flint Weekly Papers From 21st Century Newspapers". flintjournal.com. Archived from the original on 2008-07-24. Retrieved 2008-04-14.

[goliath.ecnext.com-3] "JOURNAL REGISTER BUYS MICHIGAN PAPERS FOR $415M Oakland, Macomb, two other dailies, and 87 non-dailies". NewsInc. Retrieved 2008-04-24.