Net News search results for: tribune company
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November 8, 2019
Scripps Third Quarter Revenue Boosted By TV Acquisitions, Stitcher Increase
Acquisitions boosted the revenue results for THE E.W. SCRIPPS COMPANY in third quarter 2019, with a 16% increase year-to-year to $350 million boosted by $10 million in revenue added from the acquisition of TRITON DIGITAL and $55.3 million added from the … more »
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November 6, 2019
Nexstar Third Quarter Revenues, Income Fall As Tribune Acquisition Kicks In
NEXSTAR MEDIA GROUP, INC., which announced deals to sell TV stations in SEATTLE and MILWAUKEE to FOX and buy a pair of TV stations from FOX in CHARLOTTE just YESTERDAY (NET NEWS 11/5), has released its third quarter 2019 financial results, showing net … more »
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September 23, 2019
Report: Todd Manley Out At WGN-A/Chicago
Last week (NET NEWS 9/19), ALL ACCESS reported NEXSTAR MEDIA GROUP, INC. has closed on its acquisition of TRIBUNE MEDIA COMPANY for about $7.2 billion including assumption of debt ($46.687397 per share in cash, with $0.187397 per share added to reflect … more »
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September 19, 2019
Nexstar Closes On Tribune Media Acquisition
NEXSTAR MEDIA GROUP, INC. has closed on its acquisition of TRIBUNE MEDIA COMPANY for about $7.2 billion including assumption of debt ($46.687397 per share in cash, with $0.187397 per share added to reflect the final closing date, which followed the … more »
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September 16, 2019
FCC Approves Nexstar Acquisition Of Tribune Media
The FCC has approved NEXSTAR MEDIA GROUP's acquisition of TRIBUNE MEDIA COMPANY for $6.4 billion and related divestiture deals worth $1.32 billion to bring the end result in line with ownership caps. In approving the transaction, the Commission … more »
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August 9, 2019
Tribune Media Second Quarter Revenue, Income Dip
TRIBUNE MEDIA COMPANY, awaiting the merger into NEXSTAR, reported that its second quarter consolidated operating revenues decreased 1% year-to-year to $484 million, with operating profit down from $98.1 million to $73.3 million and Adjusted EBITDA off … more »
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August 6, 2019
TEGNA Revenues Rise In Second Quarter 2019
TEGNA second quarter 2019 total revenues rose 2% year-to-year to $537 million, attributed to increases in subscription revenues and advertising and marketing services. Excluding political, the revenue increase was 7%. Net income hit $80 million, and … more »
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July 8, 2019
Scripps Offering $400 Million In Notes To Finance Acquisition Of Nexstar-Tribune TV Spinoffs
The E.W. SCRIPPS COMPANY is financing the $580 million purchase of eight TV stations being divested from the NEXSTAR-TRIBUNE deal by making a private offering of $400 million of new senior unsecured notes expected to mature in 2027. The notes will be … more »
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May 10, 2019
Tribune Media Revenue Rises In First Quarter, Income Down
TRIBUNE MEDIA COMPANY is still awaiting its sale to NEXSTAR, but it's also still an operating company, and its first quarter 2019 consolidated operating revenues increased 3% to $455 million, while consolidated operating profit decreased to $54.7 … more »
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April 8, 2019
Partner Withdraws From Ownership Of Virginia AM-Translator Combo; Nexstar Divests 2 TV Stations In Indianapolis
CHRISTINE POMPEO is selling her 23.1% interest in WBTX RADIO, LLC, licensee of Southern Gospel WBTX-A/BROADWAY-TIMBERVILLE, CA and W271CC/BROADWAY, VA, to DUSTIN KLINE and KAREN KEENY for an undisclosed price. POMPEO has decided to withdraw from … more »