Hints and tips:
...Still, Buffett’s Berkshire Hathaway has committed $600m in exchange for preferred equity to media group EW Scripps to acquire ION Media, the network known for its crime dramas....
...EW Scripps is to acquire ION Media for $2.65bn in a deal supported by Warren Buffett’s Berkshire Hathaway, marking the latest round of consolidation in the broadcasting industry....
...In Europe, which accounts for two-thirds of SSP’s revenue (inc. UK), IATA forecasts Q3 capacity down 45% vs. down 90% in Q2....
...Recurring revenues (85-90% of the group) EW somewhat defensive; however, we think weak new customer acquisitions could hinder midterm growth....
...TATE has done sterling work on rebuilding its balance sheet and cashflow in recent years, reflected in FY20E ND:EBITDA (inc. IFRS 16) of 0.9x & 1.8x FCF dividend cover....
...Local broadcast owners’ have suffered: Sinclair’s stock has lost 12 per cent this year, while EW Scripps and Tegna shares have fallen 14 per cent....
...When Tim Armour graduated from Middlebury College, a liberal arts institution in Vermont, he faced a conundrum....
...Companies such as Sinclair, Nexstar, Tegna and EW Scripps that each own dozens of local stations see wild swings in revenue driven by the election cycle; Sinclair’s first-quarter forecast is running 60-80...
...A listener survey conducted by Midroll Media, the podcast and advertising company acquired this year by EW Scripps, found 52 per cent of its audience listened on their iPhones versus 26 per cent on Android...
...Some viewers are “cutting the cord” in favour of online alternatives, such as Netflix, or choosing cheaper “skinny bundles” — slimmed-down, cheaper packages of channels....
...For national publications, the menu includes News Corp, New York Times, Time Inc. and Meredith....
...The investment appeal of Discovery is that it is nearly a pure play on cable networks, the most profitable and fastest growing part of the media business....
...We maintain our 2-EW rating on Sina and 12-month price target of US$70. Meanwhile Tencent is coming on in leaps and bounds....
..., EW Scripps and Gannett – retain investment-grade ratings....
...Staff learned that they were working to their final deadline on Thursday as Rich Boehne, chief executive of EW Scripps, told the newsroom that after 150 years in operation “Denver can’t support two newspapers...
...Rick Boehne, chief executive of EW Scripps, admitted last week that it “would have been unthinkable until very recently” for the company to sell the Rocky Mountain News, but it is now seeking buyers for...
...Some 30 US newspapers are up for sale including the 149-year-old Rocky Mountain News, owned by EW Scripps, and the San Diego Union Tribune, but few buyers have emerged in spite of rock bottom prices....
...site, which was acquired by EW Scripps, the US media company, for £210m ($313m) in 2006....
...EWS, originally founded by Ed Burkhardt, a US rail entrepreneur, as part of his Wisconsin Central group, bought all of the freight businesses of the former British Rail state monopoly at privatisation, except...
...Shopzilla, formerly BizRate, was bought by EW Scripps for $525m (then £289m) in 2005 at a multiple of 17.5 times pre-tax profits....
...Both Belo Corp and EW Scripps announced they would split their operations in an attempt to lift their share prices....
...For example, EW Scripps plans to split into two publicly traded companies in response to shareholder unhappiness over its slow-growing newspaper business....
...The Middlebury researchers hadn’t heard of the Robin Hood Foundation event....
...The main thing I am getting from most of the articles is that the authors are jealous of the founders of YouTube but they are not admitting it. So let me state flat out – I am jealous of them....
...Piliero, CFA, Graduate of Middlebury College Douglas Ferrans: We are already seeing this in Europe where the EU Emissions Trading Scheme means that companies need to internalise at least a proportion of...
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