W.B. Grimes changes ownership 2/14/18

W.B. Grimes & Company, a leading mergers and acquisitions (M&A) advisory firm serving the media, entertainment and professional sports industries, has announced that its Global Media, Events & Information Services Group, and its Newspapers Group have been acquired by John J. McGovern, a former senior associate with the firm.

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Courier-Times sold to Dunn Daily Record 11/6/17

Reprinted from The Daily Record

The Daily Record (Dunn, N.C.) has expanded its operation with the acquisition of The Courier-Times of Roxboro, one of North Carolina's leading community newspapers.

Daily Record publisher Bart Adams, along with Brent Adams and Maere Kay Lashmit, announced the purchase. Their father and mother, Hoover and Mellicent Adams, founded The Daily Record in 1950.

Brinn Clayton, Courier-Times publisher, and Bart Adams are longtime friends and that friendship played an important role in the sale.

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Adams Publishing Group acquires MessAge Media 11/6/17

Adams Publishing Group, LLC has acquired MessAge Media, Inc., a group of local community newspapers based in Aitkin and Isle, Minn.

MessAge Media publishes two locally edited weekly newspapers, The Mille Lacs Messenger and the Aitkin Independent Age. In addition the company publishes the weekly Bargain Hunter free distribution shopper, an eight-times-per-year Real Estate Guide, along with an annual Fun Guide, and various special pages and sections throughout the year.

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Sun newspapers, Bluffton/Hilton Head papers sold to local media professional 10/3/17

B.J. Frazier, the owner of Coastal Fun Info LLC, publishers of The Bluffton Sun, The Hilton Head Sun and The Sun City Sun (S.C.) community newspapers – and their digital platforms – has announced the sale of those properties to Kevin Aylmer, president of Lowcountry Local Media.

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Losing a subscriber is so sad 8/22/17

By Lewis Floyd, senior associate, W.B. Grimes & Co.

A four-page wrap provided a lighthearted approach to subscriber renewals: blank space to illustrate what they would be missing without their local paper.

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Calculating your purchase price 7/24/17

By Lewis Floyd, senior associate, W.B. Grimes & Co.

Regardless of how a buyer and seller come to terms, even if the value seems to be there, there is one more factor a buyer should consider – can this business repay my investment in a timely manner or make loan payments – and still provide me with an income?

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Sincell Publishing announces sale of The Republican after 127 years 7/11/17

NCWV Media continued its growth efforts this past week by purchasing The Republican, a weekly newspaper based in Oakland, Md.

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Your publication's image helps sell your credibility 6/5/17

By Lewis Floyd, senior associate, W.B. Grimes & Co.

What factors comprise your publication's image? I believe your image is comprised of many factors, including – but not limited to – print quality, web presence, employee attire, employee attitude, your office cleanliness, the area outside your building, the racks you use to sell your publication (both coin and inside racks), your delivery and your editorial objectivity, just to mention some that top my list.

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Havana Herald sold 6/5/17

The Herald, a weekly newspaper in Havana, Fla., owned and operated by Nick Bert, has been sold to Mark Pettus, a veteran newspaper publisher from Jacksonville, Fla.

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Council Grove Republican sale announced 5/30/17

The sale of the Council Grove Republican, published continuously the past 145 years since the first issue on Aug. 24, 1872, has been announced by Craig McNeal, president of Council Grove Publishing Company, Inc. The sale to David Parker, Enid, Okla., is effective July 1.

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