The 21st World Newspaper Advertising Conference opened in Malta on Thursday with what might seem to some to be a revolutionary concept: print will continue to be a unique advantage in the advertising world for many years to come, despite rhetoric to the contrary about all things digital.
News America Incorporated (“News America”), a subsidiary of News Corporation, announced today that its previously announced cash tender offer (the “Offer”) for any and all of its outstanding 9 ¼ % Senior Debentures due February 1, 2013 (the “Securities”) expired at 5:00 p.m., New York City time, on February 23, 2011.
The Washington Post Company (NYSE: WPO) today reported net income available for common shares of $277.2 million ($31.04 per share) for the fiscal year ended January 2, 2011, up from net income available for common shares of $91.8 million ($9.78 per share) for the fiscal year ended January 3, 2010. Net income includes $28.8 million ($3.22 per share) and $45.1 million ($4.80 per share) in losses from discontinued operations for fiscal year 2010 and 2009, respectively.
Southern Swedish daily Trelleborgs Allehanda came home with nine awards, including a silver and eight Awards of Excellence in the Society for News Design competition.
manroland sells T-1400 to Editora Central Ltda. in Maringá, Brazil
Gannett Co., Inc. (NYSE: GCI) announced today that Donna E. Shalala and Karen Hastie Williams plan to retire from the company’s Board of Directors this year. The company also announced that John E. Cody, former Executive Vice President and Chief Operating Officer of Broadcast Music, Inc., has been elected to the Board, effective immediately.
News America Incorporated (“News America”), a subsidiary of News Corporation, announced today the total consideration offered to be paid in its previously announced cash tender offer (the “Offer”) for any and all of its outstanding 9 ¼ % Senior Debentures due February 1, 2013 (the “Securities”). The Securities have a total principal amount outstanding of $500,000,000 and are fully and unconditionally guaranteed by News Corporation.
