Saturday, February 08, 2020

McElvy Media affiliate buys Texas papers


Coastal Bend Publishing, an affiliate of McElvy Media Group (Houston), is taking ownership of the Beeville Bee-Picayune (Texas) effective Feb. 1.
In addition to the Bee-Picayune, Coastal Bend Publishing is purchasing the other four papers owned by Beeville Publishing Company — The News of San Patricio, The Progress, The Advance-Guard Press and Karnes Countywide.
Brothers Jeff and Chip Latcham, who have 39 and 42 years, respectively, working in this family business, expanded the company during their years as co-publishers to include newspapers in Live Oak, McMullen, San Patricio, Karnes, Refugio and Goliad counties.
Gary Borders with Grimes, McGovern & Associates represented the sellers in the transaction.
“The Beeville newspaper is in its 125th year in the Atkins and Latcham family ownership,” said Jeff Latcham. “While Chip and I are the fourth-generation publishers, community journalism has fed five generations of the family. It’s been an honor and a blessing all these years to service our communities, but it’s time for new ownership, new ideas and new voices.”
McElvy Media began in 2012 with one community newspaper and eight employees. Today the company employs more than 100 people and publishes 25 print editions weekly.
News and Tech

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