The North Shelby Times, a small, privately-owned weekly newspaper headquartered on North Watkins Street quietly ceased publication in June, after 44 years in business. Frank Holland, the paper’s founder and editor, blamed the closure on a combination of bad luck and a bad economy. The 82-year-old publisher says that the paper skipped one week of publication when a recent windstorm knocked out his building’s electricity, then skipped a second week due to a staff medical emergency, and he figured that might be a signal that it was time to close up shop.

โ€œWe weren’t making any money,โ€ Holland explains. โ€œNothing’s making any money right now.โ€ Holland, an entrepreneur who has dabbled in everything from beauty salons to insurance, says he’s lost thousands in the real estate crash and couldn’t afford to keep putting money into a publication that wasn’t bringing in revenue.

โ€œI actually had some people call saying they were interested in buying the paper, but I never took them seriously,โ€ Holland says. โ€œWhy would anybody want to by a business that’s not making money.โ€

The North Shelby Times was originally founded as a means of promoting Holland’s 20 salons and 7 Jett Barber Colleges. Its peak circulation was 40,000. Holland’s business ventures have been scrutinized by the media in recent years after a deadly fire destroyed one of his low cost rental properties.

โ€œI wrote articles I wanted to write,โ€ says Holland, whose final political column praised Governor Bredesen for vetoing the guns in bars legislation. โ€œI guess I made some people mad, made a lot of enemies,โ€ he jokes unapologetically.

The North Shelby Times website continues to function as a news aggregator, though none of the new content is original to the publication. The last full issue online is dated June 10th.