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New Media Investment Group Inc (NEWM.N)

NEWM.N on New York Stock Exchange

14.50USD
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

New Media to acquire Morris Publishing Group assets for $120 million
Wednesday, 9 Aug 2017 06:50am EDT 

Aug 9 (Reuters) - New Media Investment Group Inc :New Media announces agreement to acquire Morris Publishing Group assets for $120.0 million.New Media Investment Group Inc - Deal for ‍$120.0 million​.New Media Investment Group - ‍Acquiring many of Morris portfolio of U.S.-based newspaper assets located across Georgia, Florida, Texas, Kansas, Arkansas, and Alaska​.New Media Investment Group Inc - Expect deal to be highly accretive to free cash flow with net synergies of $10-15 million​.New Media Investment Group Inc - Deal will be funded with cash on balance sheet​.New Media Investment Group - Deal includes Morris's main street digital group, substantially weekly, niche print products, related websites, digital operations​.New Media Investment Group Inc - ‍Is acquiring 79 publications including all eleven dailies under the Morris portfolio of U.S.-based newspaper assets​.  Full Article

New Media Investment qtrly loss per share $0.41
Thursday, 27 Jul 2017 06:45am EDT 

July 27 (Reuters) - New Media Investment Group Inc :New media announces strong second quarter 2017 results and dividend of $0.35 per common share.Q2 revenue rose 2.6 percent to $322.9 million.New media investment group inc qtrly loss per share $0.41.  Full Article

New Media to acquire Calkins Media for $17.5 million
Monday, 19 Jun 2017 06:50am EDT 

June 19 (Reuters) - New Media Investment Group Inc ::New Media announces agreement to acquire Calkins Media Incorporated for $17.5 million.New Media announces agreement to acquire Calkins Media Incorporated for $17.5 million.New Media Investment Group Inc - expect transaction to close within next 30 days..New Media Investment Group Inc - has agreed to acquire several newspapers and related assets from Calkins Media, Inc for $17.5 million.New Media Investment Group - deal also includes operations of Calkins Digital Group, a press facility and all related websites and other digital operations.  Full Article

New Media announces authorization of share repurchase program
Wednesday, 17 May 2017 04:15pm EDT 

May 17 (Reuters) - New Media Investment Group Inc :New Media announces authorization of share repurchase program.New Media Investment Group Inc - board of directors authorized repurchase of up to $100 million of company's common stock over next 12 months.  Full Article

New Media qtrly loss per share $0.07
Thursday, 27 Apr 2017 06:50am EDT 

April 27 (Reuters) - New Media Investment Group Inc :New media announces solid first quarter 2017 results and dividend of $0.35 per common share.Q1 revenue rose 2.5 percent to $307.5 million.Qtrly loss per share $0.07.  Full Article

New Media Investment Group posts Q4 earnings per share $0.31
Tuesday, 21 Feb 2017 06:50am EST 

New Media Investment Group Inc : New Media announces solid fourth quarter & full year 2016 results and dividend of $0.35 per common share . New Media Investment Group Inc - qtrly total revenues of $333.6 million were flat to prior year, and decreased 0.6 pct on a same store basis . Qtrly earnings per share $0.31 . Q4 earnings per share view $0.44, revenue view $324.4 million -- Thomson Reuters I/B/E/S .New Media Investment Group - implemented cost reduction program in early Q1 2017 that is expected to reduce expenses over $27 million for full year 2017.  Full Article

New Media announces pricing of public offering of common stock
Friday, 18 Nov 2016 06:45am EST 

New Media Investment Group Inc : New media announces pricing of public offering of common stock . Says offering 7.50 million common shares . New Media Investment Group Inc - priced its public offering for gross proceeds of approximately $120 million .New media announces pricing of public offering of common stock.  Full Article

New Media Investment Group says offering 7.50 million common shares
Thursday, 17 Nov 2016 04:04pm EST 

New Media Investment Group Inc : New Media Announces public offering of common stock .Says offering 7.50 million common shares.  Full Article

New Media earnings per share $0.21
Thursday, 28 Jul 2016 06:50am EDT 

New Media Investment Group Inc : Qtrly earnings per share $0.21 . New Media announces second quarter 2016 results and dividend of $0.33 per common share; announces the acquisition of the Fayetteville Publishing Company . Q2 revenue rose 5.1 percent to $314.8 million . New Media Investment Group Inc says deal valued at $18.0 million .Q2 earnings per share view $0.29, revenue view $311.9 million -- Thomson Reuters I/B/E/S.  Full Article

New Media completes sale of Las Vegas Review-Journal for $140 million and Announces Agreements to Purchase Two Media Assets with Total Purchase Price of $46.5 million
Friday, 11 Dec 2015 07:30am EST 

New Media Investment Group Inc :Deal for $46.5 million.Engaged by news + media capital group as manager of newspaper assets; terms of management agreement have not been disclosed.  Full Article

BRIEF-New Media to acquire Morris Publishing Group assets for $120 million

* New Media announces agreement to acquire Morris Publishing Group assets for $120.0 million