A. H. Belo Corporation Announces Sale of Riverside, CA Office Building

A. H. Belo Corporation (NYSE: AHC) today announced it completed the sale of its five-story office building and certain related assets in Riverside, California to the County of Riverside for $30 million. The proceeds to the Company were approximately $28.6 million after selling costs of approximately $1.4 million. In the third quarter of 2013 the Company will record a gain of approximately $4 to $5 million related to this transaction. However, this transaction will not result in a taxable gain to the Company.

Award Winning Al Día, The Dallas Morning News’ Spanish-Language Newspaper, Appoints Penni Barton to Publisher Position

Al Día, the award-winning and leading Spanish-language newspaper in North Texas, has named Penni Barton as publisher. Barton, a native of England who grew up in Uruguay, brings more than 20 years of experience in comprehensive brand, retail and shopper marketing working with Fortune 500 companies including Yum Brands, Dr. Pepper/Seven Up, and FedEx Office.

Sun Media Continues Restructuring Initiatives

Sun Media Corporation announces the elimination of 360 positions, the closing of 8 publications across the country and 3 of its free urban dailies, the 24 Hours newspapers in Ottawa, Calgary and Edmonton, as well as a series of initiatives to enhance operational efficiencies. The strategic overhaul is expected to yield annual savings of approximately $55 million.

Tuesday 23. July 2013

The New York Times Company Names Meredith Kopit Levien Executive Vice President of Advertising

The New York Times Company announced today that Meredith Kopit Levien, currently the chief revenue officer at Forbes Media, has been named executive vice president, advertising. Ms. Kopit Levien will be responsible for the generation of all advertising revenue from The Times’s various multiplatform products and services and for leadership of its global advertising sales team. As a member of the executive committee, she will report directly to President and CEO Mark Thompson, effective August 5, 2013.

St. Cloud Times and Times Media Announces New President and Publisher

Gannett Co., Inc. (NYSE: GCI) announced today Melinda Vonderahe has been named president and publisher of the St. Cloud (MN) Times and Times Media. Vonderahe was previously regional market development/digital director based in Appleton (WI) for Gannett Wisconsin Media, which consists of 10 media companies across the state.