Digital First Media today announced an agreement to print three of the Company’s New York capital region daily newspapers with the Albany Times Union.
The World Association of Newspapers and News Publishers (WAN-IFRA) has kicked off a series of innovation initiatives with its first “Ideathon,” which lays the foundation for upcoming hackathons in Berlin, Singapore and Bangalore, India.
New Branding Signals Gannett’s Evolution as a Full-Service Media and Marketing Company with Suite of Best in Class Digital Products
— Total gross revenues, excluding Political, increased 4.7% — Political revenues of $1 million compared with $7.5 million in 2012 — Broadcast Cash Flow was $27.5 million compared with $20.5 million in 2011 (last odd-numbered year); BCF margin was 34% vs. 29% in 2011 — Merger with Young Broadcasting progressing; completion expected in late third or early fourth quarter
The World Association of Newspapers and News Publishers (WAN-IFRA) has announced the topics for its first Digital Media Latinoamérica (DML) conference, which read like a strategic blueprint for news media companies developing successful digital platforms.
The E.W. Scripps Company (NYSE: SSP) reported operating results for the second quarter of 2013 that reflect an increase in local and national television advertising revenues and an increase in segment profit at the newspaper group. The Company also successfully rolled out its bundled subscription model in 11 of 13 newspaper markets.
— New credit facilities to refinance the combined debt of Media General and Young Broadcasting, at a substantially lower cost of capital, following completion of the pending merger — New $60 million revolving credit facility — New $885 million delayed draw term loan — Pro forma cash interest will be approximately $39 million annually
