Trenton, N.J.-based The Journal Register Company, which
owns 23 daily newspapers including The Call (Woonsocket), The Times (Pawtucket) and The Herald News (Fall River, Mass.), said Tuesday that it was buying a Michigan-based chain of newspapers for $415 million in cash.
21st Century Newspapers, Inc. owns four daily newspapers with combined average daily net paid circulation of approximately 137,500 and combined average Sunday net paid circulation of approximately 176,000. The acquisition also includes 87 non-daily publications with approximately 1.5 million non-daily distribution. The company’s primary audience is in southeastern Michigan communities
and wealthy or expanding Detroit suburbs.
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito…
Learn More
The 21st Century newspaper cluster will become the Journal Register’s second largest cluster based on revenues, after the company’s Greater Philadelphia cluster. The Daily Oakland Press and The Macomb Daily will become the Company’s second and third largest newspapers, respectively, with the New Haven Register remaining the Company’s flagship and largest newspaper. Upon completion of the acquisition, Journal Register Company will own 27 daily newspapers and 327 non-daily publications.
