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Last updated on April 16, 2014 at 1:21 EDT

Latest The McClatchy Company Stories

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...

2014-02-13 08:29:18

- Circulation revenues increase; Plus Program revenues of $8.8 million in the 2013 quarter SACRAMENTO, Calif., Feb. 13, 2014 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) today reported fourth quarter 2013 earnings, excluding the net impact of certain items discussed below, of $29.9 million. Earnings in the fourth quarter of 2012, adjusted for similar items and the extra week in our 2012 fiscal calendar (discussed below), were $29.8 million. On a GAAP basis, net income in the fourth...

2014-01-28 20:21:48

SACRAMENTO, Calif., Jan. 28, 2014 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) announced today that its fourth 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, Feb. 13, 2014, at noon Eastern, 9 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on Feb. 13....

2013-12-23 08:25:29

The Boston Globe, Boston Herald, Minneapolis Star Tribune, Arkansas Democrat-Gazette among those signing on with Local Media Consortium SACRAMENTO, Calif., Dec. 23, 2013 /PRNewswire/ -- The Local Media Consortium today announced the addition of five new media companies to its growing membership ranks, including the publishers of The Boston Globe, Boston Herald, the Star Tribune in Minneapolis-St. Paul, the Arkansas Democrat-Gazette in Little Rock and The Frederick News-Post in Maryland....

2013-12-20 16:23:57

SACRAMENTO, Calif., Dec. 20, 2013 /PRNewswire/ -- The McClatchy Company (NYSE-MNI) said today that it has received $42.4 million in cash distributions from its equity investments in 2013. McClatchy noted that on Tuesday, Dec. 17, 2013, it received $23.0 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 and the rental site Apartments.com....

2013-12-10 08:27:53

SACRAMENTO, Calif., Dec. 10, 2013 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) said today that it will provide an update of business trends for 2013 and an outlook for 2014 at the 41(st) Annual UBS Global Media and Communications Conference at the Westin New York at Times Square in New York City on Dec. 11, 2013, at 1:30 p.m. Eastern, 10:30 a.m. Pacific time. The company's presentation will be webcast live on its website, www.mcclatchy.com, and at http://bit.ly/1i2rsIM. The webcast will...