By: Lucia Moses
The president of 21st Century Newspapers has canceled plans to seek a buyer or merger partner for the Michigan group of dailies and weeklies.
Frank H. Shepherd, 57, announced last summer he was going to retire and return to his home in Charlevoix, Mich., to attend to his family’s needs. Now, he plans to move the company’s headquarters from Mount Clemens to Charlevoix.
Shepherd, former vice president of newspaper operations for Scripps Howard Inc., formed the company in 1997. It includes The Oakland Press in Pontiac, circulation 82,000; The Macomb Daily in Mount Clemens, circulation 56,700; The Daily Tribune in Royal Oak, circulation 17,600; and several weeklies. The company also owns the Greater Detroit Newspaper Network, an ad sales group based in Royal Oak.
“This is my baby, and I love it,” The Oakland Press quoted Shepherd as saying. “I’m glad my family and I have found a way to continue to operate the company and still remain together in Charlevoix, our home.”
(Editor & Publisher WebSite:http:www.mediainfo.com) [Caption]
(copyright: Editor & Publisher November 27, 1999) [Caption]