NEWSPAPER EXECS TALK ABOUT 2005 FIRST QUARTER RESULTS GCI
predicts an EPS nickle gain over last year; KRI says it'll be
flat.(ex
Executives from the country's top newspaper companies peered
into the respective crystal balls last week and gave Wall Street and
the industry their best guesstimates as to what the results for . . .
PERSONS.
Executive suite: At the Associated Press of New York City, James
Reindl has been named major accounts development director in the
newspapers and new media department; previously he was chief of . . .
BRIEFS.
*The national edition that would not die: Once again reversing the
decision to kill an edition circulated mostly to Washington
politicians, the Los Angeles Times last week distributed . . .
HOLLINGER INC. FILES UNAUDITED RESULTS.(finance)
Complaining that a lack of financial statements from Chicago-based
Hollinger International Inc. had prevented it from filing an audited
2004 balance sheet, Hollinger Inc. of Toronto, said on Friday . . .
INDUSTRY AD REVENUE RISES 4.2% IN 4Q.
Solid gains in both classified employment advertising as well as
on-line ad revenue led the way for the newspaper business in the last
quarter of 2004, the Newspaper Association of America (NAA) . . .
NEWSPAPER EXECS: 2005 OUTLOOK 'STILL CHOPPY' BLC, JRC,
TRB make similar predictions at analysts meeting.
At an analysts conference held last week, newspaper executives
continued to be cautiously optimistic about the future, but nonetheless
attempted to warn Wall Street that things are still not . . .
PERSONS.
Executive suite: At Freedom Communications Inc. of Irvine, Calif.,
Jennifer Mathe has been named associate general counsel; previously,
she was with the Los Angeles law firm Silver & Friedman and . . .
DIVIDEND ROUNDUP.(newspaper publishing)
*Dow Jones & Co. Inc.: Shareholders of record on Feb. 1 are set
to receive 25 cents per share tomorrow.
*Gannett Co. Inc.: A quarterly dividend of 27 cents per share has
been declared by the . . .
BRIEFS.
*Tribune's FitzSimons' bonus cut: Dennis FitzSimons, the
chairman and chief executive of Chicago's Tribune Co., will get a
three-percent base salary raise for 2005, to $955,000, but his bonus . . .
DEALS IN BOSTON, ST. LOUIS INCH FORWARD.(Lee Enterprises Inc.,
Pulitzer Inc.)(Brief Article)
Two big newspaper mergers and acquisitions moved ever so slightly
toward completion last week, with announcements by the various
participants that some hurdles have been overcome.
On Wednesday, . . .
POST CO. LEARNS THAT EDUCATION IS PROFITABLE Kaplan division
revenue grows 35% in 2004; net income up 38%.
Tardy as always, The Washington Post Co. released its fourth
quarter and year-end results for 2004 last week, while Belo Corp. --
also not a speed demon -- finally revealed its January numbers. . . .
PERSONS.
Executive suite: At the Associated Press in New York City, Thomas
Slaughter has been named vice president of newspaper markets;
previously he had been vice president of new media markets. A . . .
BRIEFS.
*IHT gets another plant: The New York Times Co.-owned European
daily, the International Herald Tribune, signed a printing and
distribution agreement last week with the Moscow Times, providing . . .
FEBRUARY BRINGS NO VALENTINES.(newspaper publishing)
Two newspaper publishers released their February results last week
and neither was particularly cheery. By the numbers:
*Dow Jones & Co. Inc.: Except for two small upticks, volume at
all of DJ's . . .
BOSTON METRO DEAL DONE; GCI GETS OK.
In the mergers and acquisitions department, the deal between The
New York Times Co. and Metro USA for the former to buy 49 percent of
the latter's Boston edition finally went through last week, . . .
ABC TO REQUIRE DAILY CIRC REPORTING.(Audit Bureau of
Circulations, circulations)
Following the "summer from hell" wherein daily papers in
Chicago, Long Island, N.Y., and Dallas all were found to have inflated
their circulations, the industry's circulation watchdog said . . .
GANNETT CEO MADE $5.8M IN 2004 -- NOT INCLUDING OPTIONS Filings,
Forbes list provide look at income, wealth of publishers,
owner
Regulatory filings and a magazine article released last week give
insight into just how much money top executives -- and the
founders' heirs -- can make in the newspaper business.
At Gannett Co. . . .
PERSONS.(newspaper publishing appointments)
The board: At Journal Communications Inc. of Milwaukee, Wis.,
Jonathan Newcomb and Jeanette Tully have been named to the board of
directors. The former chairman and chief executive of the . . .
BRIEFS.(The New York Times Co.'s investments for purchasing
debentures)(Journal Communications Inc. investments to buy
shares)(G
*LA Times, Register partner on pre-prints: In an effort to offer
advertisers access to more than 900,000 households in Southern
California's Orange County, the Los Angeles Times and the . . .
SHAREHOLDERS UNHAPPY WITH PULITZER, LEE.(Lee Enterprises Inc.
acqusition of Pulitzer Inc., class-action lawsuits)(Brief
Article)
Two class-action shareholder lawsuits have been filed in an attempt
to stop the proposed $1.6 billion acquisition of Pulitzer Inc. by Lee
Enterprises Inc.
Minority shareholders in St. Louis-based . . .
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