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New Media Investment Group Inc (NEWM.N)

NEWM.N on New York Stock Exchange

15.79USD
17 Aug 2018
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Latest Key Developments (Source: Significant Developments)

New Media To Acquire The Palm Beach Post & Palm Beach Daily News For $49.25 Million
Wednesday, 28 Mar 2018 04:15pm EDT 

March 28 (Reuters) - New Media Investment Group Inc ::NEW MEDIA ANNOUNCES AGREEMENT TO ACQUIRE THE PALM BEACH POST & PALM BEACH DAILY NEWS FOR $49.25 MILLION.NEW MEDIA INVESTMENT GROUP INC - EXPECT TRANSACTION TO CLOSE IN Q2.NEW MEDIA INVESTMENT - TO ACQUIRE PALM BEACH POST & PALM BEACH DAILY NEWS, PLUS SEVERAL NICHE PUBLICATIONS AND COMPANION WEBSITES, FROM COX MEDIA.  Full Article

New Media Announces $4.0 Mln Acquisition
Tuesday, 27 Mar 2018 04:15pm EDT 

March 27 (Reuters) - New Media Investment Group Inc ::NEW MEDIA ANNOUNCES ACQUISITION OF TECH-ENABLED VIDEO AND DATA BUSINESS, ONLINE AUTOMOTIVE SOLUTIONS, FOR $4.0 MILLION.  Full Article

New Media To Acquire Austin American-Statesman For $47.5 Mln
Tuesday, 6 Mar 2018 04:15pm EST 

March 6 (Reuters) - New Media Investment Group Inc ::NEW MEDIA ANNOUNCES AGREEMENT TO ACQUIRE THE AUSTIN AMERICAN-STATESMAN FOR $47.5 MILLION.NEW MEDIA ANNOUNCES AGREEMENT TO ACQUIRE THE AUSTIN AMERICAN-STATESMAN FOR $47.5 MILLION.NEW MEDIA INVESTMENT GROUP INC - TRANSACTION WILL BE FUNDED WITH CASH ON BALANCE SHEET.NEW MEDIA INVESTMENT GROUP INC - DEAL ‍WILL BE IMMEDIATELY ACCRETIVE TO FREE CASH FLOW​.NEW MEDIA INVESTMENT GROUP INC - TRANSACTION WILL BE IMMEDIATELY ACCRETIVE TO FREE CASH FLOW.  Full Article

New Media Announces Qtrly Total Revenues Of $394.4 Million, An Increase Of 18.2%
Wednesday, 28 Feb 2018 06:50am EST 

Feb 28 (Reuters) - New Media Investment Group Inc ::NEW MEDIA ANNOUNCES STRONG FOURTH QUARTER & FULL YEAR 2017 RESULTS, DIVIDEND OF $0.37 PER COMMON SHARE AND THE ANTICIPATED ACQUISITION OF THE EUGENE, OREGON REGISTER-GUARD FOR $14.25 MILLION.NEW MEDIA INVESTMENT GROUP INC - QTRLY TOTAL REVENUES OF $394.4 MILLION, AN INCREASE OF 18.2% TO PRIOR YEAR ON A REPORTED BASIS.NEW MEDIA INVESTMENT GROUP INC - QTRLY EARNINGS PER SHARE $0.50‍​.  Full Article

New Media Investment Group's Unit, Others Enters Into Amendment To Credit Facilities
Friday, 16 Feb 2018 05:16pm EST 

Feb 16 (Reuters) - New Media Investment Group Inc ::NEW MEDIA INVESTMENT GROUP SAYS ON FEBRUARY 16, CO'S UNIT, OTHERS ENTERED INTO AMENDMENT TO CREDIT FACILITIES - SEC FILING.NEW MEDIA INVESTMENT - ‍EIGHTH AMENDMENT AMENDS CREDIT AGREEMENT TO PROVIDE FOR ADDITIONAL DOLLAR-DENOMINATED TERM LOANS IN PRINCIPAL AMOUNT OF $50 MILLION​.NEW MEDIA INVESTMENT GROUP INC - EIGHTH AMENDMENT WAS ENTERED INTO IN CONNECTION WITH CERTAIN CREDIT AGREEMENT, DATED AS OF JUNE 4, 2014.  Full Article

New Media Q3 revenue $317.2 mln
Thursday, 26 Oct 2017 06:50am EDT 

Oct 26 (Reuters) - New Media Investment Group Inc :New Media announces solid third quarter 2017 results and increases the dividend to $0.37 per common share.Q3 revenue $317.2 million.New Media Investment Group Inc - ‍ new cash dividend represents an increase of 5.7 pct to prior quarter​.New media investment group inc qtrly earnings per share ‍loss $0.04​.  Full Article

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

BRIEF-New Media Investment To Acquire Akron Beacon Journal For $16.0 Mln

* NEW MEDIA ANNOUNCES AGREEMENT TO ACQUIRE THE AKRON BEACON JOURNAL FOR $16.0 MILLION AND ANNOUNCES AGREEMENT TO SELL SUBSTANTIALLY ALL OF THE PUBLISHING AND RELATED ASSETS OF GATEHOUSE MEDIA ALASKA HOLDINGS, INC. Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)