Two student teams working with La Nacion of Argentina have won WAN-IFRA’s first My Dream Interview contest, in which students get to interview the people they would most like to meet.
Journal Communications, Inc. (NYSE:JRN), a diversified media company, has acquired all 3,264,000 outstanding shares of its Class C common stock (4,451,998 shares on a Class A-equivalent basis), all of which were owned by members and successors of the Grant Family. In this repurchase, the company paid $6,245,536 in cash and issued unsecured subordinated promissory notes with an aggregate principal amount of $25,598,989 as the purchase price for the Class C shares. The cash payment equaled the amount of the minimum unpaid and undeclared dividend on the Class C shares.
Ten news media and advertising experts have been appointed to the jury of the 2012 XMA Cross Media Awards, the annual competition from the World Association of Newspapers and News Publishers (WAN-IFRA), which this year will honour social media success stories from newspapers around the world.
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
