A group of local investors has purchased the monthly magazine Shelby County Life.
Led by the magazine's managing editor, James Mulcahy, and his wife, Julie, the group bought the magazine from longtime publisher William Matthews of Shelbyville. He started Shelby County Life in 2007.
Matthews, who also is co-owner of the magazine Back Home in Kentucky, said he wanted to concentrate on other initiatives. "I had so many projects," said Matthews, who recently published a book and does other specialty products for clients such as Toyota.