Journal Communications, Inc. (NYSE:JRN) today announced results for its fourth quarter and full year ended December 26, 2010:
News America Incorporated (“News America”), a subsidiary of News Corporation, announced today the commencement of a cash tender offer (the “Offer”) for any and all of its outstanding 9 ¼% Senior Debentures due February 1, 2013 (the “Securities”) with a total principal amount outstanding of $500 million. The Securities are fully and unconditionally guaranteed by News Corporation.
Philip Crawley, CEO and Publisher of The Globe and Mail, is among the senior international newspaper executives who will be talking about product innovation at the annual WAN-IFRA Printing Summit, to be held in Mainz, Germany, the birthplace of modern printing, on 6 and 7 April next.
The Washington Times announced the appointment of Michael J. Harris as sports editor for the paper and washingtontimes.com. He will guide the development and return of The Washington Times’ highly acclaimed sports section.
The Los Angeles Times today announced that Jimmy Orr has been named Managing Editor, Online. Most recently Deputy Editor, Online, Orr will take on editorial responsibility for latimes.com and the Los Angeles Times Media Group’s expanding portfolio of digital and mobile properties. Orr succeeds Sean Gallagher who is moving to London and will leave The Times at the end of the month.
Web, social and mobile analytics market leader Webtrends has been working with Telegraph Media Group (The Telegraph) to support the development of its iPad application, which features the best content from The Daily Telegraph and The Sunday Telegraph versions of the newspaper for free.
News America Incorporated, a subsidiary of News Corporation, today announced the pricing of an issuance of $1 billion of 4.50% Senior Notes due 2021 and $1.5 billion of 6.15% Senior Notes due 2041 (together, the “Notes”). The closing of the offering is expected to occur on February 16, 2011, subject to satisfaction of customary closing conditions. News America will receive gross proceeds of $2,486,075,000 from this offering and expects to use the net proceeds for general corporate purposes, including the refinancing of near term maturities.
