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Latest The McClatchy Company Stories

2014-08-12 12:26:24

SAN FRANCISCO, Aug. 12, 2014 /PRNewswire/ -- The McClatchy Company (NYSE:MNI), a leading news and information provider and publisher of iconic news brands such as the Miami Herald, The Kansas City Star and The Sacramento Bee, is making a strategic investment in Engage3, a pioneering developer of retail intelligence and mobile shopping solutions. The two companies also are working together to identify markets where McClatchy media properties can introduce Engage3's ShoppingScout app as...

2014-07-24 08:30:36

- Digital-only revenues up 10.1% from Q2 2013; up 13.8% excluding Apartments.com SACRAMENTO, Calif., July 24, 2014 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) today reported second quarter 2014 income from continuing operations of $91.6 million, or $1.03 per share compared to income from continuing operations in the 2013 second quarter of $11.0 million, or $0.13 per share. McClatchy's results included, among other items, a combined pre-tax gain of $145.9 million primarily from its share...

2014-07-09 20:21:30

SACRAMENTO, Calif., July 9, 2014 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) announced today that its second quarter earnings conference call will be accessible live to the media and general public via internet webcast and through listen-only, dial-in conference lines. The conference call will be held on Thursday, July 24, 2014, at noon Eastern, 9 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on July 24. The...

2014-05-08 12:27:30

CHICAGO, May 8, 2014 /PRNewswire/ -- Tribune Publishing and McClatchy Company announced today that, through one of its subsidiaries, Tribune Publishing has acquired McClatchy's 50% ownership stake in McClatchy-Tribune Information Services (MCT), the news and information business operated as a joint venture of both companies. MCT products and services will become part of the offerings of Tribune Content Agency (tribunecontentagency.com), the syndication and licensing business...

2014-04-23 08:29:42

- Total revenue trend improves compared to Q1 2013 SACRAMENTO, Calif., April 23, 2014 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) today reported a net loss, excluding the net impact of certain items discussed below, of $5.9 million for the first quarter of 2014 compared to a net loss in the 2013 first quarter, adjusted for similar items, of $0.7 million. On a GAAP basis, the net loss in the first quarter of 2014 was $15.8 million, or 18 cents per share compared to a net loss in the 2013...

2014-04-08 16:22:25

ANCHORAGE, Alaska, April 8, 2014 /PRNewswire/ -- Alaska Dispatch Publishing LLC, the owner and publisher of Alaska Dispatch, has reached an agreement to purchase the Anchorage Daily News from The McClatchy Company (NYSE: MNI). Founded in 2008, Alaska Dispatch is an award-winning site at the forefront of the national movement toward independent online news. Alice Rogoff, a longtime supporter of journalism and a former chief financial officer of U.S. News and World Report, became the...

2014-04-08 16:22:20

SACRAMENTO, Calif., April 8, 2014 /PRNewswire/ -- The McClatchy Company (NYSE:MNI) announced today that it has reached a definitive agreement to sell the Anchorage Daily News to Alaska Dispatch Publishing LLC for $34 million. The transaction is expected to close in the second quarter of 2014. "The Anchorage Daily News is a profitable newspaper that makes us proud journalistically," said Pat Talamantes, McClatchy's president and CEO. "We weren't looking to sell the Daily News, but...

2014-04-01 20:21:20

SACRAMENTO, Calif., April 1, 2014 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) said today that it received a $147 million cash distribution from Classified Ventures, LLC (CV) as a result of its previously announced sale of Apartments.com to CoStar Group for $585 million. McClatchy expects that proceeds on an after-tax basis will be approximately $90 million. McClatchy owns a 25.6% interest in CV and its portion of the gain from the sale of Apartments.com will be recorded in...

2014-03-03 08:27:05

SACRAMENTO, Calif., March 3, 2014 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) said today that it anticipates a cash distribution as a result of the recent announcement by Classified Ventures, LLC (CV) of its agreement to sell Apartments.com for $585 million to CoStar Group. CV has said that it expects the transaction to close in the second quarter of 2014. McClatchy owns a 25.6% interest in CV. A distribution approximately equal to McClatchy's portion of the net proceeds on...

2014-02-24 08:26:35

Google search, advertising platform and advertising exchange now available to hundreds of local media publishers and their advertisers SACRAMENTO, Calif., Feb. 24, 2014 /PRNewswire/ -- The Local Media Consortium, a nationwide alliance of leading local media outlets, today announced that it has entered a three-year agreement with Google that will provide its members with Google search and ad-serving technology and the opportunity to leverage Google's advertising exchange to create a...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'