Newspaper & Mailroom
Monday 09. May 2011

The Washington Post Company Reports First Quarter Earnings

The Washington Post Company (NYSE: WPO) today reported net income available for common shares of $15.2 million ($1.87 per share) for its first quarter ended April 3, 2011, compared to net income available for common shares of $45.4 million ($4.91 per share) in the first quarter of last year. Net income includes $6.2 million ($0.67 per share) in losses from discontinued operations for the first quarter of 2010. Income from continuing operations available for common shares was $51.6 million ($5.58 per share) for the first quarter of 2010. As a result of the Company’s share repurchases, there were 12% fewer diluted average shares outstanding in 2011.

Monday 09. May 2011

Univision Communications Inc. Announces Early Results of its Tender Offer for Any and All of its 12.00% Senior Notes due 2014 and Related Consent Solicitation

Univision Communications Inc. (the “Company”), today announced that, pursuant to the terms of its previously announced cash tender offer to purchase any and all of its outstanding 12.00% Senior Secured Notes due 2014 (the “Notes”) and solicitation for consents to certain proposed amendments to the indenture governing the Notes (the “Indenture”), holders of $524,455,000 aggregate principal amount of the outstanding Notes (approximately 96.23%) have validly tendered, and not validly withdrawn, their Notes and have validly delivered, and not validly revoked, their consents for the proposed amendments prior to the expiration of the early tender time (the “Early Tender Time”) of 5:00 p.m., New York City time, on May 6, 2011 (the “Early Tendered Notes”).

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