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tronc Inc (TRNC.OQ)

TRNC.OQ on NASDAQ Stock Exchange Global Market

17.66USD
21 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Tronc Q1 Revenue Fell 2.9 Percent To $355.6 Million
Wednesday, 9 May 2018 04:30pm EDT 

May 9 (Reuters) - tronc Inc ::TRONC, INC. REPORTS FIRST QUARTER 2018 RESULTS AND ANNOUNCES 2018 FULL YEAR GUIDANCE.Q1 REVENUE FELL 2.9 PERCENT TO $355.6 MILLION.Q1 LOSS PER SHARE $0.42 INCLUDING ITEMS.SEES FY 2018 REVENUE $1.0 BILLION TO $1.03 BILLION.DIGITAL-ONLY SUBSCRIBERS INCREASED 90% TO 342,000 AT END OF Q1 2018, UP FROM 180,000 AT END OF Q1 2017.AVERAGE MONTHLY UNIQUE VISITORS WERE 75.3 MILLION IN Q1 2018, UP 28% FROM Q1 2017.TRONC - FY 2018 GUIDANCE EXCLUDES REVENUE & ADJUSTED EBITDA FROM LOS ANGELES TIMES, SAN DIEGO UNION-TRIBUNE AND OTHER VARIOUS CALIFORNIA MEDIA TITLES.  Full Article

Justin Dearborn Named Chairman Of Tronc Inc Board
Monday, 19 Mar 2018 09:00am EDT 

March 19 (Reuters) - Tronc Inc ::JUSTIN DEARBORN NAMED CHAIRMAN OF TRONC, INC. BOARD.TRONC INC - ‍MICHAEL FERRO IS RETIRING FROM BOARD​.TRONC INC - MICHAEL FERRO RETIRING FROM BOARD AS CO PREPARES TO CLOSE ON SALE OF LOS ANGELES TIMES TO LOCAL OWNERSHIP.  Full Article

Tronc Inc Q4 Loss Per Share $0.01
Wednesday, 7 Mar 2018 04:30pm EST 

March 7 (Reuters) - Tronc Inc ::TRONC, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.30.Q4 LOSS PER SHARE $0.01.Q4 REVENUE ROSE 2.3 PERCENT TO $435 MILLION.‍AVERAGE MONTHLY UNIQUE VISITORS OF 79.3 MILLION IN Q4 2017, UP 40%​.‍DIGITAL ONLY SUBSCRIBERS WERE 320,000 IN Q4 2017, UP 100%​.  Full Article

tronc Inc Says Unit Acquired Interest In BestReviews For $66 Million
Wednesday, 7 Feb 2018 09:07am EST 

Feb 7 (Reuters) - Tronc Inc ::TRONC SAYS UNIT ACQUIRED INTEREST IN BESTREVIEWS FOR $66 MILLION - SEC FILING.  Full Article

tronc Acquires Majority Interest In BestReviews
Wednesday, 7 Feb 2018 08:46am EST 

Feb 7 (Reuters) - tronc Inc ::TRONC ACQUIRES MAJORITY INTEREST IN BESTREVIEWS.TRONC INC - BESTREVIEWS' CURRENT OWNERS WILL RETAIN A MINORITY OWNERSHIP POSITION AND CONTINUE TO OVERSEE AND MANAGE ALL OPERATIONS.  Full Article

Tronc To Sell The Los Angeles Times And The San Diego Union-Tribune For $500 Mln
Wednesday, 7 Feb 2018 08:45am EST 

Feb 7 (Reuters) - Tronc Inc ::TRONC, INC. ANNOUNCES SALE OF THE LOS ANGELES TIMES AND THE SAN DIEGO UNION-TRIBUNE TO DR. PATRICK SOON-SHIONG FOR $500 MILLION PLUS THE ASSUMPTION OF $90 MILLION IN PENSION LIABILITIES.TRONC INC - ‍AFTER-TAX CASH PROCEEDS WILL BE USED TO REPAY ALL CURRENTLY OUTSTANDING CORPORATE DEBT​.TRONC INC - TO TRANSFER OPERATIONAL LIABILITIES ASSOCIATED WITH LOS ANGELES TIMES, SAN DIEGO UNION-TRIBUNE & OTHER RELATED COMMUNITY-BASED PUBLICATIONS.TRONC INC - ‍TRANSACTION HAS BEEN APPROVED BY TRONC BOARD OF DIRECTORS​.TRONC INC - TRONC WILL ALSO TRANSFER $90 MILLION IN PENSION LIABILITIES IN CONNECTION WITH TRANSACTION.TRONC INC - ‍ ENTERED AGREEMENT TO SELL LOS ANGELES TIMES, SAN DIEGO UNION-TRIBUNE AND VARIOUS TITLES IN CALIFORNIA NEWS GROUP TO NANT CAPITAL​.  Full Article

Social Reality Says On Dec 4, Co Entered Into Settlement Agreement With tronc Inc And Tribune Content Agency LLC
Friday, 8 Dec 2017 05:39pm EST 

Dec 8 (Reuters) - Social Reality Inc ::SOCIAL REALITY INC - ON DEC 4, CO ENTERED INTO A SETTLEMENT AGREEMENT WITH TRONC INC AND TRIBUNE CONTENT AGENCY LLC - SEC FILING.SOCIAL REALITY - PURSUANT TO SETTLEMENT AGREEMENT, NEITHER PARTY ADMITTED ANY FAULT OR LIABILITY & PARTIES ENTERED INTO MUTUAL RELEASE RESOLVING MATTER.SOCIAL REALITY - TRONC AGREED TO PAY CO$2.25 MILLION REPRESENTING AMOUNTS OWED FOR ADVERTISEMENTS PLACED BY CO AS WELL AS ACCRUED INTEREST & RELATED COSTS.SOCIAL REALITY - TRONC AGREED TO PROVIDE CO WITH $300,000 IN MEDIA SPREAD OVER CONSECUTIVE 12 MONTH PERIOD.  Full Article

Tronc Inc posts Q3 adjusted earnings per share $0.17
Wednesday, 1 Nov 2017 04:30pm EDT 

Nov 1 (Reuters) - Tronc Inc :Tronc Inc reports third quarter 2017 results.Q3 adjusted earnings per share $0.17.Q3 earnings per share $0.06.Q3 revenue fell 6.6 percent to $353.1 million.Sees FY 2017 revenue $1.525 billion to $1.54 billion.Tronc Inc - ‍digital only subscribers were 265,000 in Q3 2017, up 95 pct year-over-year​.Tronc Inc sees FY ‍adjusted EBITDA in a range of $189 to $195 million​.Tronc Inc says ‍total Q3 2017 average monthly unique visitors were 81.3 million, up 36 pct from prior-year quarter​.  Full Article

Los Angeles Times Media Group names Lewis D'Vorkin as Editor-In-Chief
Monday, 9 Oct 2017 01:00pm EDT 

Oct 9 (Reuters) - Los Angeles Times Media Group::Says named Lewis D'Vorkin as editor-in-chief and Mickie Rosen as president​.  Full Article

Tronc says subsidiary to buy all of Sellers' partnership interests in Daily News for cash purchase price of $1 - SEC filing
Tuesday, 5 Sep 2017 06:40am EDT 

Sept 5 (Reuters) - :Tronc Inc says subsidiary TRX Pubco to buy all of the Sellers' partnership interests in Daily News for a cash purchase price of $1 - SEC filing.  Full Article

PRESS DIGEST- Wall Street Journal - June 6

June 6 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.