Schibsted ASA (SCH) – Interim Financial Statement Q2 2012

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.

Thursday 09. August 2012

The New York Times Company Confirms It Is in Discussions to Sell Its About Group

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.

Thursday 09. August 2012

NEWS CORPORATION REPORTS FULL YEAR TOTAL SEGMENT OPERATING INCOME OF $5.4 BILLION ON REVENUE OF $33.7 BILLION; FULL YEAR ADJUSTED TOTAL SEGMENT OPERATING INCOME INCREASED 13% TO $5.6 BILLION

FOURTH QUARTER TOTAL SEGMENT OPERATING INCOME OF $1.2 BILLION ON REVENUE OF $8.4 BILLION

Wednesday 08. August 2012

Scripps reports second-quarter results

Record political advertising fuels strong growth in operating income

Wednesday 08. August 2012

World Editors Forum: Taking Social Media To Next Level

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.

Tuesday 07. August 2012

Media General Announces Expiration of Tender Offer and Payment at Par on Term Loan

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.

Tuesday 07. August 2012

The Washington Post Company Reports Second Quarter Earnings

The Washington Post Company (NYSE: WPO) today reported net income attributable to common shares of $51.8 million ($6.84 per share) for the second quarter ended June 30, 2012, compared to $45.6 million ($5.74 per share) for the second quarter of last year. Net income includes $17.8 million ($2.36 per share) in income from discontinued operations and $2.0 million ($0.26 per share) in losses from discontinued operations for the second quarter of 2012 and 2011, respectively. Income from continuing operations attributable to common shares was $34.0 million ($4.48 per share) for the second quarter of 2012, compared to $47.6 million ($6.00 per share) for the second quarter of 2011.

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