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Latest The McClatchy Company Stories

2014-10-01 12:26:19

CHICAGO, Oct. 1, 2014 /PRNewswire/ -- Tribune Media Company (OTC: TRBAA) today announced that it and the remaining partners in Classified Ventures, LLC (CV), have completed the sale of their entire stakes in CV to Gannett Co., Inc. CV, whose primary asset is the online car shopping website Cars.com, is a joint venture among Tribune Media, McClatchy, Gannett, Graham Holdings Company and A. H. Belo Corporation. Tribune Media owned 27.8% of CV. Gross proceeds to the selling partners...

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...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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