21st Century Newspapers
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21st Century 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 Newspapers' first acquisitions were ''The Oakland Press'' and ''The Macomb Daily'' and ''The Royal Oak Tribune'' on August 21, 1997. They were purchased from The Walt Disney Company in Burbank, California. 21st Century under Frank Shepherd, president, chairman, and CEO, began a buying spree that eventually ended with approx. 129 newspaper titles. The company also acquired newspaper assets of Brill Media Company(purchased out of bankruptcy) in August 2002 including Morning Sun daily newspaper in Mt. Pleasant, Michigan, and newspapers in Traverse City, Charlevoix, Gaylord, East Jordan, Elk Rapids, Central Lake, Bellaire and Tawas City and other communities in central and northern Michigan. In addition newspapers in "Downriver Detroit" were also purchased including newspapers in Wyandotte, Southgate, Dearborn, Lincoln Park, Me ...
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Goldman Sachs Capital Partners
Goldman Sachs Capital Partners is the private equity arm of Goldman Sachs, focused on leveraged buyout and growth capital investments globally. The group, which is based in New York City, was founded in 1986. As of 2019, GS Capital Partners had raised approximately $39.9 billion since inception across seven funds and has invested over $17 billion. History Goldman Sachs has historically invested capital in a variety of businesses alongside its investment banking clients. In the early and mid-1980s, Goldman was a slow entrant into the financing of leveraged buyouts and junk bonds and preferred to focus on its traditional mergers and acquisitions advisory business. Beginning in 1983, however, Goldman began making longer-term equity investments in private equity transactions that came through its investment banking and other clients. Goldman Sachs Capital Partners was founded in 1986, at the same time that similar groups were founded at other investment banks including Lehman Broth ...
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Kelso & Company
Kelso & Company is an American private equity firm focusing on leveraged buyouts, recapitalizations and growth capital transactions. Kelso invests in a variety of sectors, including communication, manufacturing and restaurants. Kelso is based in New York City. Kelso also provides mezzanine capital through a joint venture with asset management firm BlackRock. Their joint venture, BlackRock Kelso Capital Corp. (), is organized as a type of publicly traded private equity company known as a Business Development Company. History Founded in 1971 as Kelso Bangert & Company, the firm acted as both an advisor and merchant bank, both making investments and advising on mergers and acquisitions. Kelso was founded by Louis O. Kelso, a lawyer and economist who is given credit for developing the concept for employee stock ownership plans, in 1956. Kelso, alongside a sister company Louis O. Kelso Inc., focused initially on M&A activity involving Employee Stock Ownership Plans.
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Pontiac, Michigan
Pontiac ( ') is a city in and the county seat of Oakland County in the U.S. state of Michigan. As of the 2020 census, the city had a total population of 61,606. A northern suburb of Metro Detroit, Pontiac is about northwest of Detroit. Founded in 1818, Pontiac was the second European-American organized settlement in Michigan near Detroit, after Dearborn. It was named after Pontiac, a war chief of the Ottawa Tribe, who occupied the area before the European settlers. The city was best known for its General Motors automobile manufacturing plants of the 20th century, which were the basis of its economy and contributed to the wealth of the region. These included Fisher Body, Pontiac East Assembly (a.k.a. Truck & Coach/Bus), which manufactured GMC products, and the Pontiac Motor Division. In the city's heyday, it was the site of the primary automobile assembly plant for the production of the famed Pontiac cars, a brand that was named after the city. The Pontiac brand itself was di ...
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Michigan
Michigan () is a state in the Great Lakes region of the upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the 10th-largest state by population, the 11th-largest by area, and the largest by area east of the Mississippi River.''i.e.'', including water that is part of state territory. Georgia is the largest state by land area alone east of the Mississippi and Michigan the second-largest. Its capital is Lansing, and its largest city is Detroit. Metro Detroit is among the nation's most populous and largest metropolitan economies. Its name derives from a gallicized variant of the original Ojibwe word (), meaning "large water" or "large lake". Michigan consists of two peninsulas. The Lower Peninsula resembles the shape of a mitten, and comprises a majority of the state's land area. The Upper Peninsula (often called "the U.P.") is separated from the Lower Peninsula by the Straits of Mackinac, a channel that joins Lak ...
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Booth Newspapers
MLive Media Group, originally known as Booth Newspapers, or Booth Michigan, is a media group that produces newspapers in the state of Michigan. Founded by George Gough Booth with his two brothers, Booth Newspapers was sold to Advance Publications, a Samuel I. Newhouse property, in 1976. MLive Media Group newspaper publications include ''The Ann Arbor News'',''The Bay City Times'', ''The Flint Journal'', ''The Grand Rapids Press'', ''Jackson Citizen Patriot'', ''Kalamazoo Gazette'', ''Muskegon Chronicle'', ''The Saginaw News'', and ''Advance Newspapers''. The company also maintains newsrooms in Lansing and Detroit. All of Advance Publications' Michigan content is published on Mlive.com. History Early history Booth Newspapers was founded by George Gough Booth and his brothers in 1893 and was a media company based in Grand Rapids, Michigan. In 1976, Samuel Irving Newhouse Sr. of Advance Publications acquired Booth Newspapers for $305 million, the . The Herald Company, Inc. ...
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Journal Register Company
21st Century Media was an American media company. It was the successor of Ingersoll Publications and Journal Register Company, and it was succeeded by Digital First Media. The company operated more than 350 multi-platform products in 992 communities. On April 5, 2013, the assets of Journal Register Company and its affiliates were sold to 21st CMH Acquisition Co. The Journal Register Company then became known as 21st Century Media. The company was led by CEO John Paton. He argued that the Journal Register needed to transform from a newspaper company to a "digital first, print last" company. Paton, formerly CEO of ImpreMedia, initiated this change on February 1, 2010, by announcing he would provide all reporters with Flip video cameras as a sign of his commitment to the company's digital transformation. In 2013, MediaNews Group and 21st Century Media merged into Digital First Media. Digital First Media is owned by Alden Global Capital. Properties The company owned daily an ...
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Oakland Press
''The Oakland Press'' is a daily newspaper published in Oakland County, Michigan with headquarters in Troy. It is owned by 21st Century Media, with which its parent company merged in 2013 after filing for bankruptcy. The local historical society traces its origins to ''The Pontiac Gazette'', founded in 1843. The paper has been published under various names, including ''The Pontiac Press'', until it was renamed ''The Oakland Press'' in 1972. Original editorials and reporting, including major-sport beat writers, are also carried in the sister paper ''The Macomb Daily''. References External links * OaklandPress Bio Oakland Press Oakland Press ''The Oakland Press'' is a daily newspaper published in Oakland County, Michigan with headquarters in Troy. It is owned by 21st Century Media, with which its parent company merged in 2013 after filing for bankruptcy. The local historical society tr ... 21st Century Media publications {{michigan-newspaper-stub ...
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The Macomb Daily
''The Macomb Daily'' is a daily newspaper with its headquarters in Clinton Township, Macomb County, Michigan in Metro Detroit. It is the only daily newspaper serving Macomb County, making the county the largest in Michigan in terms of population with only one daily newspaper. It is owned by Digital First Media. ''The Macomb Daily'' is co-owned with the ''Oakland Press'' and the (Royal Oak) '' Daily Tribune'', both in Oakland County, the (Southgate) ''News-Herald'' and ''The Voice'' in northern Macomb and St. Clair counties. As a result of their co-ownership, staff writers from those newspapers often appear in The Macomb Daily, and staff writers of the ''Macomb Daily'' appear in those same newspapers in return. ''The Macomb Daily'' was formed by the merger of ''The Mt. Clemens Monitor Leader'', ''The South Macomb News'' and ''The Tri City Progress'' in 1964. Panax Newspapers owned the newly merged paper until owner John McGoff got into legal problems accepting money from the ...
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Newspapers Published In Michigan
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports and art, and often include materials such as opinion columns, weather forecasts, reviews of local services, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often metonymically called newspapers. Newspapers have traditionally been published in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also published on websites as online newspapers, and some have even abandoned their print versions entirely. Newspapers developed in the 17th century, as ...
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Defunct Newspaper Companies Of The United States
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Publishing Companies Established In 1995
Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term refers to the creation and distribution of printed works, such as books, newspapers, and magazines. With the advent of digital information systems, the scope has expanded to include electronic publishing such as ebooks, academic journals, micropublishing, websites, blogs, video game publishing, and the like. Publishing may produce private, club, commons or public goods and may be conducted as a commercial, public, social or community activity. The commercial publishing industry ranges from large multinational conglomerates such as Bertelsmann, RELX, Pearson and Thomson Reuters to thousands of small independents. It has various divisions such as trade/retail publishing of fiction and non-fiction, educational publishing (k-12) and academic and scientific publishing. Publishing is also undertaken by governments ...
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Companies Based In Oakland County, Michigan
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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