The Dallas Morning News has named Dan Phelan to the newly created position of Chief Revenue Officer, reporting to Jim Moroney, publisher and CEO of The Dallas Morning News.
Today Schibsted ASA released its Q2 2012 report, which shows operating revenues of NOK 3.6 billion, underlying an increase of 2 per cent compared to the same period in 2011. The Online classifieds operations increased their revenues by 16 per cent. The revenues of the media house operations in Schibsted Norge declined by 2 per cent, while Schibsted Sverige had a decline of 1 per cent.
The New York Times Company (NYSE: NYT) confirmed today that it is engaged in discussions regarding the potential sale of its About Group. No definitive agreement has been reached. The negotiations are ongoing and there can be no assurances that an agreement will be reached or that a transaction will be completed.
FOURTH QUARTER TOTAL SEGMENT OPERATING INCOME OF $1.2 BILLION ON REVENUE OF $8.4 BILLION
Record political advertising fuels strong growth in operating income
When it comes to using social media to improve crisis reporting, few have the experience of Al Jazeera, given its role in a volatile region – intense coverage of the Arab Spring, the Iranian elections, the Gaza conflict and more.
Media General, Inc. (NYSE: MEG) announced today that its tender offer to purchase up to $45.2 million of its 11?% Senior Secured Notes due 2017 expired on July 30, 2012 at 5 p.m. ET. Media General accepted for purchase $200,000 of notes that were validly tendered and the purchased notes were canceled. Holders of the validly tendered notes received the announced purchase price of 100% of the principal amount plus accrued and unpaid interest to the date of payment. All notes not tendered remain outstanding, leaving a principal amount due of $299.8 million.
