Mr. Berk Smith and Mr. Neal Miller have sold the assets of News-Press Publishing Company, Inc. in Tawas and Oscoda, Michigan, to Community Media Group of West Frankfort, Illinois, according to John T. Cribb, Bolitho-Cribb & Associates, who represented the sellers in the transaction.
News-Press Publishing Company, Inc. assets include the Oscoda Press and the News-Herald. The Oscoda Press is a weekly newspaper with 5,420 paid circulation. The Press is 123-years-old and is a tabloid format with an average of 34 pages per issue. The News-Herald is a weekly newspaper with 7,540 paid circulation. This paper is 49-years old, and is also tabloid format with an average of 34 pages. Included in the sale are buildings housing the business located in East Tawas and Oscoda, as well as a 3-unit Goss Community web press.
Bolitho-Cribb & Associates is a publishing company brokerage firm with offices in Montana, Florida, and Wyoming.