Tagged: gannett co.

Gannett, Owner of THV, Baxter Bulletin, Splits Publishing, Broadcasting in Two

by Associated Press 8/5/2014 7:23 am

Gannett is splitting its broadcast and publishing business in two, joining other major media players in allowing fast growing TV and digital operations to operate more freely.

Gannett 1Q Net Profit Falls 43 Percent

by Associated Press 4/23/2014 11:26 am

Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but its adjusted profit managed to beat Wall Street predictions by a penny.

10 Years After the War: Is the Arkansas Democrat-Gazette Really ‘The Best of Both’?

by Lance Turner 3/31/2014 12:00 am

On Oct. 19, 1991, the newly christened Arkansas Democrat-Gazette landed on doorsteps and in the newspaper boxes of the state’s new media landscape. Having whipped its nemesis, the Democrat-Gazette pushed ahead, working to take in advertising dollars left homeless when the Gazette collapsed and selling the mantra, “The Best of Both.”

Deal Pipeline: FCC Approval of Gannett/Belo Bodes Well for Sinclair

by Lance Turner 12/23/2013 2:10 pm

Deal Pipeline says the FCC's approval of Gannett Co. Inc.'s $1.5 billion purchase of Belo Corp. bodes well for another TV deal: Sinclair Broadcast Group's $985 million bid for Allbritton Communication Corp.'s stable of ABC affiliates, including KATV.

FCC Approves Gannett's Purchase of Belo Stations

by Associated Press 12/20/2013 3:08 pm

The Federal Communications Commission has approved two multi-billion-dollar mergers involving the consolidation of major TV station groups.

Justice Department Requires Station Sale in Gannett-Belo Deal

by Associated Press 12/16/2013 4:03 pm

The U.S. Justice Department on Monday attached conditions to media company Gannett's $1.5 billion purchase of Belo Corp. and its 20 TV stations, saying it has to sever ties with KMOV-TV, a CBS affiliate in St. Louis.

Justice Department Wants More Info on $985M Sinclair, Allbritton Deal

by Lance Turner 10/7/2013 10:02 am

Sinclair Broadcasting Group of Hunt Valley, Md., has received a second request for information on its $985 million deal to acquire television stations owned by Allbritton Communications Corp. of Arlington, Va.

Gannett, Allbritton, Others Win Case Against Internet TV Service

by Lance Turner 9/6/2013 1:00 pm

Gannett Co., Allbritton Communications and several other broadcasters have won a battle in what appears to be a growing war against Internet television services.

Sinclair, With Allbritton Stations in Hand, Aims for National Cable Network

by Lance Turner 9/3/2013 8:13 am

The Washington Post yesterday, assessing Sinclair Broadcast Group's ambitions to leverage NewsChannel 8, Allbritton Communication's 24-hour local cable news channel, into a national cable presence.

Gannett Layoffs Affect Baxter Bulletin

by Luke Jones 8/12/2013 12:00 am

Publicly traded media holding company Gannett Co. Inc. is laying off almost 300 of its employees across about 45 offices at its community newspapers, including some from the daily Baxter Bulletin of Mountain Home, its only paper in Arkansas.

Sinclair Profit Drops But Broadcast Revenue Up 28 Percent

by Lance Turner 8/7/2013 11:06 am

Sinclair Broadcast Group, which is the ABC affiliates owned by Allbritton Communications, reports a drop in second-quarter profit while broadcast revenue rose 28 percent.

Gannett to Buy TV Station Owner Belo for $1.5B

by Associated Press 6/13/2013 10:04 am

Gannett said it reached a deal to buy Belo for about $1.5 billion in cash, significantly boosting its presence in television broadcasting.

Gannett Nearly Doubles TV Portfolio with $2B Deal for Belo

by Lance Turner 6/13/2013 8:34 am

Gannett Co., which owns KTHV-TV, Channel 11, in Little Rock and the Baxter Bulletin in Mountain Home, announced Thursday that's buying Belo Corp. of Dallas in a $2.2 billion deal that includes $175 million of debt.

Politico: KATV Owner Allbritton Mulls TV Station Sale

by Lance Turner 5/1/2013 10:32 am

Politico, the daily political news website, is reporting that its owner, Allbritton Communications, is exploring a potential sale of its TV stations, which includes ABC affiliate KATV-TV, Channel 7, in Little Rock.

Former KTHV News Director Chuck Maulden Takes Job in Missouri

by Lance Turner 11/3/2012 10:47 am

Chuck Maulden, the former news director for KTHV-TV, Channel 11, is taking the news director's job at KOLR-TV, Channel 10, in Springfield, Mo.