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- Gannett Shines Beacon in Sea of Newspaper Gloom - But Beware the Rocks
- Zacks.com submits: Gannett GCI shares rocketed 14% today after the company reported that online advertising revenue at USA Today, its flagship domestic paper, grew 27% year-over-year in February. This is the largest online revenue increase among the national newspapers and is in stark contrast to many, including the...
- External links 2009-03-16
- NYT: Plummeting Q1 Ad Revenues Sinks Shares
- Zacks.com submits: Shares of The New York Times Co. NYT plunged nearly 16% following the publisher’s release of 1Q09 financial results that showed advertising revenue plummeted 27% to $335 from the prior-year quarter. Classified advertising was hardest hit, falling 45% to $58 million. Internet ad revenue, which had...
- External links 2009-04-22
- Washington Post: Margins Contract in Education Business
- Zacks.com submits: by Ann Northrop, CFA Washington Post Company WPO posted 1Q09 results that proves even the higher education business isn’t impervious to a recession. by Zacks.com
- External links 2009-05-04
- Cablevision Gets Go Ahead, TiVo Slides
- Zacks.com submits: TiVo TIVO Analyst Report shares on Monday, June 29, 2009, lost 4.08% and fell $0.45 to close at $10.58. The slide in the price followed the U.S. Supreme Court's decision to permit Cablevision CVC Snapshot Report and other cable operators to offer network DVR (Digital Video...
- External links 2009-06-30
- McClatchy Cuts Costs, Raises Profits
- Zacks.com submits: Amid the secular and cyclical slowdown in print advertising, McClatchy Company MNI, the third largest newspaper company in the U.S. and the publisher of 80 newspapers including the Miami Herald and Sacramento Bee, reported second quarter 2009 results. The company is facing the same dramatic...
- External links 2009-07-23
- E.W. Scripps Stuns the Market with Q2 Profit of $.04 a Share
- Zacks.com submits: E.W. Scripps Co. SSP recently reported second-quarter profit of 4 cents a share. This compares with the Zacks Consensus Estimate of a loss of 11 cents and a year-ago net loss of $11.20 a share. Quarterly net revenue fell 22.7% year over year due to lower...
- External links 2009-08-12
- CBS Switches Off Radio
- Zacks.com submits: On Monday, CBS Corp. CBS agreed to sell four of its radio stations – KINK-FM, KUPL-FM, KUFO-FM and KCMD-AM – in Portland, Oregon, to Alpha Broadcasting a company formed by radio executive Larry Wilson and Endeavour Capital for $40 million in cash. The company has...
- External links 2009-08-12
- Washington Post's Kaplan, Inc. Acquires and Expands
- Zacks.com submits: Recently, Washington Post Company’s WPO wholly owned subsidiary Kaplan, Inc, the provider of higher education and professional training, acquired the Murdoch Institute of Technology from the Alexander Education Group for an undisclosed sum. The Murdoch Institute of Technology is one of Australia’s leading educational institutions, and...
- External links 2009-09-11
- Disney Plans a Beaut of an Expansion of Florida's Fantasyland
- Zacks.com submits: The Walt Disney Co. DIS, one of the largest entertainment companies in the world, plans the biggest ever expansion of its Fantasyland at Florida in 2010. The expansion is based on the popularity of the Disney Princess and Fairies franchises that have generated $4 billion in...
- External links 2009-09-15
- Disney Could Face Copyright Battle Over Some Marvel Characters
- Zacks.com submits: According to reports, Walt Disney Company DIS could face a copyright battle for Marvel characters having recently agreed to acquire Marvel Entertainment MVL in a cash and stock deal worth approximately $4 billion. The children of late artist Jack Kirby, represented by the...
- External links 2009-09-22
- Time Warner Cable Begins Wideband Deployment
- Zacks.com submits: Time Warner Cable Inc TWC has recently deployed its first next-generation DOCSIS 3.0 also called Wideband service in New York City. With this, TWC has established itself as a formidable player to counter the threat from high-speed FiOS network of Verizon Wireless VZ. Earlier this month,...
- External links 2009-09-30
- CBS Completes Radio Divestiture
- Zacks.com submits: CBS Corporation CBS announced the completion of the divestiture of its four radio stations – KINK-FM, KUPL-FM, KUFO-FM and KCMD-AM – in Portland, OR, to Alpha Broadcasting for $40 million in cash. CBS has been aggressively selling slower-growth radio stations in mid-sized markets to focus on...
- External links 2009-10-04
- Washington Post in New Venture with Bloomberg
- Zacks.com submits: The Washington Post Company WPO, a diversified education and media company, has recently entered into a strategic partnership with Bloomberg, the leading financial data, news, and analytics provider. The partnership aims to launch a global news service, "The Washington Post News Service with Bloomberg News",...
- External links 2009-10-05
- McClatchy Beats, Thanks to Cutting Costs
- Zacks.com submits: Amid the secular and cyclical slowdown in print advertising, McClatchy Company (MNI, the third largest newspaper company in the U.S. and the publisher of 30 daily newspapers including the Miami Herald and Sacramento Bee, reported third-quarter 2009 results. McClatchy is facing the same dramatic decline in...
- External links 2009-10-16
- Against All Odds, Gannett Reports Beat Q3
- Zacks.com submits: Gannett Co. Inc. GCI, the largest newspaper publisher in the U.S., recently reported third-quarter 2009 results. Despite a faltering economy and decline in print advertising revenue, the company’s earnings topped expectations, buoyed by effective cost-cutting measures, lower newsprint expense, reduction in headcount and pay cuts. Operating...
- External links 2009-10-20
- McGraw-Hill?s Earnings Decline
- Zacks.com submits: McGraw-Hill Companies MHP recently reported third quarter 2009 results. Quarterly earnings of $1.12 per share surpassed the Zacks Consensus Estimate of $1.06, but fell 8.9% from the $1.23 delivered in the prior-year quarter. On a reported basis, including one-time items, earnings fell 13% to $1.07 per...
- External links 2009-10-26
- Viacom Q3: Encouraging Results
- Zacks.com submits: Viacom Inc. VIA Tuesday declared encouraging results for the third quarter. Quarterly net income from continuing operation was $443 million or 73 cents per share, compared to $385 million or 62 cents per share in the prior-year quarter. However, third-quarter adjusted (excluding one-time discrete tax benefit)...
- External links 2009-11-03
- Time Warner Reports Better than Expected Third Quarter
- Zacks.com submits: Despite tough macro-economic conditions, Time Warner Inc. TWX, the global leader in media and entertainment businesses, reported better-than-expected third-quarter 2009 results that topped the Zacks Consensus Estimate. The quarterly earnings of 61 cents a share beat the Zacks Consensus Estimate of 52 cents, but dropped 6%...
- External links 2009-11-04
- Comcast Beats Third Quarter Estimates
- Zacks.com submits: Comcast Corp. CMCSA today reported its third quarter results. Net income was $944 million or 33 cents, compared to $771 million or 26 cents in the prior-year quarter. The company’s adjusted excluding tax benefit and one time financing charges EPS stood at 28 cents, well above...
- External links 2009-11-04
- Marvel Q3: Beats Estimates, But Revenues Tumble
- Zacks.com submits: Marvel Entertainment Inc. MVL, a character-based entertainment company engaged in the licensing, publishing and film production businesses, recently reported third-quarter 2009 results. The quarterly earnings of 26 cents a share bettered the Zacks Consensus Estimate of 24 cents but fell sharply by 59.4% from 64 cents...
- External links 2009-11-04
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