Media General Announces New $945 Million, Senior Secured, Delayed Draw Credit Facilities

— 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

Tuesday 06. August 2013

The New York Times Company Agrees to Sell Its New England Media Group to John W. Henry

The New York Times Company (NYSE: NYT) has entered into an agreement to sell 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 all-cash transaction is expected to close in 30 to 60 days. The company intends to use the net proceeds for general corporate purposes.

Tuesday 06. August 2013

FP Newspapers Inc. Reports Second Quarter 2013 Results and August 2013 Dividend

FP Newspapers Inc. (TSX:FP) (“FPI”) announces financial results for the quarter ended June 30, 2013. FPI is the successor to the business of the FP Newspapers Income Fund and owns securities entitling it to 49% of the distributable cash of FP Canadian Newspapers Limited Partnership (“FPLP”).

Tuesday 06. August 2013

Digital First Media Announces Ira Fusfeld Retiring From the Daily Freeman

Digital First Media announced today the retirement of Ira Fusfeld from the Daily Freeman in Kingston, New York.

Tuesday 06. August 2013

Jeffrey P. Bezos to Purchase The Washington Post

The Washington Post Company (NYSE: WPO) announced today that it has signed a contract to sell its newspaper publishing businesses, including The Washington Post newspaper, to Jeffrey P. Bezos.

Friday 02. August 2013

KODAK Stream Inkjet Technology Helps News UK Increase Reader Engagement and Boost the Value of Printed Newspapers

News UK installs 22 KODAK PROSPER S30 Imprinting Systems to power a new promotion in The Sun that kicks off the UK football season and offers access to exclusive online content

Thursday 01. August 2013

Polar introduces MediaVoice, the native advertising platform

MediaVoice platform enables publishers to easily present, create, serve, and report native advertising experiences across their desktop, tablet, and smartphone websites

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