Latest The McClatchy Company Stories

SACRAMENTO, Calif., May 14, 2013 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) shareholders today elected 11 directors to one-year terms and ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for 2013. Shareholders elected Clyde W. Ostler, a former executive with Wells Fargo & Company, as a new Class A director and also re-elected Elizabeth Ballantine and Kathleen Foley Feldstein as Class A directors. Leroy...

- Digital subscription packages, or Plus Program, exceeding expectations SACRAMENTO, Calif., April 25, 2013 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) today reported a net loss in the first quarter of 2013 of $12.7 million or 15 cents per share, including an $8.1 million after-tax loss related to debt refinancing and open-market debt repurchases. In the first quarter of 2012 the company reported a net loss of $2.1 million or 2 cents per share. Total revenues in the...

SACRAMENTO, Calif., April 8, 2013 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) announced today that its first 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, April 25, 2013, at noon Eastern, 9 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on April 25....

SACRAMENTO, Calif., March 19, 2013 /PRNewswire/ -- The Board of Directors of The McClatchy Company (NYSE:MNI) has nominated Clyde W. Ostler, a former executive with Wells Fargo & Company, as a director. Ostler will stand for election at McClatchy's 2013 annual meeting of shareholders. S. Donley Ritchey, a McClatchy director since 1985 and chair of the board's audit committee, has announced his retirement following the annual meeting of shareholders. "We're delighted that Clyde...

ST. PETERSBURG, Fla., March 8, 2013 /PRNewswire-USNewswire/ -- The Poynter Institute, an international leader in journalism education, has announced it will partner with The McClatchy Company, the country's third-largest newspaper publisher, on an innovative, multi-year training program that aims to deliver more training to more employees. Poynter will work closely with McClatchy leaders to conduct training assessments and identify specific needs and offer training opportunities that...

In the news release, McClatchy Reports Fourth Quarter 2012 Earnings, issued 07-Feb-2013 by The McClatchy Company over PR Newswire, we are advised by the company that in the "Management's Comments" section, the tenth paragraph, fourth sentence, should read "Based on preliminary data, we estimate that January 2013 advertising revenues were down in the same range as the fourth quarter on a 13-week basis." rather than "Based on preliminary data, we estimate that January 2013 revenues were down...

SACRAMENTO, Calif., Feb. 7, 2013 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) today reported a net loss in the fourth quarter of 2012 of $30.0 million or 35 cents per share, including a $60.0 million after-tax loss on debt refinancing. In the fourth quarter of 2011 the company reported net income of $42.0 million or 49 cents per diluted share. The company's fiscal 2012 reporting period is a 53-week year compared to a 52-week year in 2011, and as a result, the fiscal...

SACRAMENTO, Calif., Dec. 20, 2012 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) said today that it has received nearly $34 million in distributions from its equity investments this month and $38.6 million thus far in 2012. McClatchy noted that on Tuesday, Dec. 18, 2012, it received $18.9 million in a cash distribution from Classified Ventures, LLC. Classified Ventures is a growing internet company that owns two of the nation's premier classified websites, the auto website Cars.com...

SACRAMENTO, Calif., Dec. 18, 2012 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) ("McClatchy") is calling today for the full redemption on January 17, 2013 all of its outstanding 11.50% Senior Secured Notes due 2017 (the "Notes"). The aggregate principal amount outstanding of the Notes is approximately $83.6 million, which amount may be reduced if additional Notes are submitted in the tender offer made by McClatchy for the Notes pursuant to its Amended and Restated Offer to...

SACRAMENTO, Calif., Dec. 12, 2012 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) announced today the early participation results of its offer to purchase for cash (the "Offer") any and all of its outstanding 11.50% Senior Secured Notes due 2017 (the "Notes") and solicitation of consents (the "Consents") relating to its outstanding Notes. Based on the count provided by the depositary for the Offer, $762,405,000 aggregate principal amount of Notes were validly tendered (and not...