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E. W. Scripps reports Q4 earnings per share $0.46 from continuing operations

Friday, 24 Feb 2017 07:30am EST

E. W. Scripps Co : Scripps reports fourth-quarter 2016 results . Q4 earnings per share $0.46 from continuing operations . Q4 revenue $273 million versus I/B/E/S view $269.9 million . Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.09 from continuing operations excluding items . E. W. Scripps co - election-year political advertising revenue for television division was $56.2 million in q4 and $100.8 million for year . Sees Q1 television revenue flat . Sees Q1 television expense up mid-single digits . Sees 2017 television revenue down mid-single digits . Sees 2017 television expense up mid- to high-single digits .Sees 2017 capex $25 million.

Atresmedia FY net profit up 30 pct at 129.2 mln euros vs year ago

Wednesday, 22 Feb 2017 11:38am EST

Atresmedia Corporacion de Medios de Comunicacion SA : FY net profit 129.2 million euros ($136.4 million) versus 99.2 million euros year ago . FY net sales 962.6 million euros versus 924.6 million euros year ago . FY Ebitda 201.9 million euros versus 165.7 million euros year ago . To propose complementary dividend of 0.25 euros per share .Says its TV business achieved 42.1 percent market share in line with 2015.

Hathway Cable Dec-qtr loss widens

Wednesday, 8 Feb 2017 08:37am EST

Hathway Cable And Datacom Ltd : Dec quarter net loss 444 million rupees . Dec quarter total income from operations 3.38 billion rupees . net loss in Dec quarter last year was 411.9 million rupees as per ind-as; total income from operations was 2.81 billion rupees .says approved to sell, transfer , dispose cable television business via slump sale into Hathway Datacom.

Asahi Broadcasting plans transition to holding company structure

Wednesday, 8 Feb 2017 01:20am EST

Asahi Broadcasting Corp <9405.T> : Says it plans to set up two wholly owned subsidiaries in Osaka, as the successor preparatory companies in early April . Co will transfer its TV broadcasting business and radio broadcasting business to the two successor preparatory companies respectively, and restructure itself into certified broadcasting holding company, effective on April 1, 2018 .Co and two successor preparatory companies will be renamed accordingly effective on April 1, 2018.

CBS Corporation and Entercom announce merger of Cbs Radio with Entercom

Thursday, 2 Feb 2017 07:00am EST

CBS Corp : CBS corporation and entercom announce merger of CBS radio with Entercom to create preeminent radio platform . Entercom Communications Corp - companies have entered into an agreement by which entercom will combine with cbs radio in a tax-free merger . Entercom Communications Corp - cbs radio shareholders will receive approximately 105 million entercom shares . Entercom Communications Corp - combined companies' pro forma revenue on a trailing 12 months basis was approximately $1.7 billion . Entercom Communications Corp - existing entercom shareholders will own 28pct of combined company on a fully diluted basis . Entercom Communications Corp - Entercom chairman Joseph M. Field, a controlling shareholder of Entercom, has agreed to vote in favor of transaction. . Entercom - combined company will be known as entercom and will be headquartered in Philadelphia, with a significant ongoing presence in New York . Entercom Communications - combination of CBS Corp radio business with Entercom will be effected through a "reverse morris trust" transaction . Entercom Communications Corp - transaction is subject to approval by Entercom shareholders .Entercom Communications Corp - Andre Fernandez, will continue as president and ceo of CBS Radio through the closing of the transaction.

CBS Corporation and Entercom announce merger of Cbs Radio with Entercom

Thursday, 2 Feb 2017 07:00am EST

CBS Corp : CBS corporation and entercom announce merger of CBS radio with Entercom to create preeminent radio platform . Entercom Communications Corp - companies have entered into an agreement by which entercom will combine with cbs radio in a tax-free merger . Entercom Communications Corp - cbs radio shareholders will receive approximately 105 million entercom shares . Entercom Communications Corp - combined companies' pro forma revenue on a trailing 12 months basis was approximately $1.7 billion . Entercom Communications Corp - existing entercom shareholders will own 28pct of combined company on a fully diluted basis . Entercom Communications Corp - Entercom chairman Joseph M. Field, a controlling shareholder of Entercom, has agreed to vote in favor of transaction. . Entercom - combined company will be known as entercom and will be headquartered in Philadelphia, with a significant ongoing presence in New York . Entercom Communications - combination of CBS Corp radio business with Entercom will be effected through a "reverse morris trust" transaction . Entercom Communications Corp - transaction is subject to approval by Entercom shareholders .Entercom Communications Corp - Andre Fernandez, will continue as president and ceo of CBS Radio through the closing of the transaction.

Guangxi Radio and Television Information Network to dissolve network unit

Wednesday, 16 Nov 2016 03:26am EST

Guangxi Radio and Television Information Network Corp Ltd <600936.SS>:Says it resolved to dissolve its Liuzhou-based network information unit.

KMH to merge three wholly owned units

Wednesday, 5 Oct 2016 04:18am EDT

KMH Co Ltd <122450.KQ> : Says it plans to merge with three wholly owned subsidiaries, which were mainly engage in online content business .Merger effective date of Dec. 6 and registered date of Dec. 8.

Viacom board forms special committee to evaluate national amusements request

Friday, 30 Sep 2016 04:02pm EDT

Viacom Inc : Special committee is comprised of independent directors thomas may and Nicole Seligman, who will act as co-chairs . Special committee has retained debevoise & Plimpton LLP as independent legal advisor, and expects to retain an independent financial advisor . National amusements, directly and through subsidiaries, owns approximately 80% of Class A (voting) common stock of both Viacom and Cbs . Viacom board forms special committee to evaluate national amusements request . Special committee is comprised of independent directors Thomas May and Nicole Seligman, who will act as co-chairs . Special committee is also comprised of Kenneth Lerer, Judith Mchale, Ronald Nelson and Charles Phillips .Formed special committee of independent directors to evaluate request by national amusements that co explore a potential combination with cbs.

Highlight Communications: strategic company decision

Thursday, 29 Sep 2016 06:48am EDT

Highlight Communications AG : Strategic company decision .Was informed yesterday by Constantin Medien that its management board and supervisory board have resolved strategic shake- up of Constantin Medien Group.

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