Michael Kelly, metro editor of the San Angelo Standard-Times, is being promoted to editor, effective immediately. He replaces Tim Archuleta, who was promoted to editor of the Corpus Christi Caller-Times. The Standard-Times and the Caller-Times are owned and operated by The E.W. Scripps Company (NYSE: SSP).
Gannett Co., Inc.’s (NYSE: GCI) Board of Directors today declared a dividend of 20 cents per share, payable on January 2, 2014 to stockholders of record as of the close of business on December 6, 2013.
Today, Schibsted Media Group released its Q3 2013 report, showing operating revenues of NOK 3.65 billion. The underlying revenues growth was 2 percent. The Online classifieds segements increased underlying revenues with 13 percent, 17 percent excluding Spain. The gross operating profit (EBITDA) was NOK 437 million (518 million). Excluding Online classifieds Investment phase, the EBITDA was NOK 672 million, 4 percent higher than in the same period in 2012.
The New York Times Company (NYSE:NYT) announced today the completion of the sale of its New England Media Group to an acquisition company owned by John W. Henry, the principal owner of Fenway Sports Group, for $70 million in cash, subject to customary adjustments. The company intends to use the net proceeds for general corporate purposes.
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The World Editors Forum will take a group of editors from around the world to visit both traditional and new media organisations in New York and Washington, D.C., next month, to see how leading news companies are responding to the disruptive changes they face today.
