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  • *4th- qtr adj profit $0.58/ shr vs est $0.66/ shr. "This acquisition is game changing for us," Time Chief Executive Joe Ripp said in a statement. Time, whose stable includes Sports Illustrated, People, Fortune and Time magazine, said Viant is expected to add about $100 million to its digital advertising revenue this year.

  • Myspace still exists? Yes, and now Time Inc. owns it Thursday, 11 Feb 2016 | 11:50 AM ET

    It does, and the company that owns the once-ubiquitous social network is being bought by Time Inc. to help the magazine publisher target ads. Time Inc. did not say Thursday what it paid. News Corp. sold it in 2011 to Justin Timberlake and digital ad company Specific Media, which was founded by brothers Tim, Chris and Russell Vanderhook, for $35 million, a fraction of...

  • UPDATE 1-Time Inc quarterly revenue beats estimates Thursday, 11 Feb 2016 | 6:37 AM ET

    Time, whose titles include Sports Illustrated, People and Time magazine, has been slashing costs, tapping revenue sources with higher margins and beefing up its digital offerings to cope with a relentless decline in the print industry. Digital advertising revenue jumped 17.2 percent to $102 million in the three months ended Dec. 31. The company, which was spun...

  • Time Inc quarterly revenue falls 2 pct Thursday, 11 Feb 2016 | 6:07 AM ET

    Feb 11- Magazine publisher Time Inc reported a 2 percent fall in quarterly revenue, hurt by a stronger dollar and a fall in income from print advertisements. The company, whose titles include Sports Illustrated, People and Time magazine, said total revenue fell to $877 million in the fourth quarter ended Dec 31 from $895 million a year earlier.

  • Daily Journal posts 1Q profit Monday, 8 Feb 2016 | 3:02 PM ET

    LOS ANGELES _ Daily Journal Corp. on Monday reported fiscal first-quarter profit of $50,000. Daily Journal shares have fallen 15 percent since the beginning of the year. Keywords: Daily Journal, Earnings Report.

  • News Corp. misses 2Q profit forecasts Thursday, 4 Feb 2016 | 4:39 PM ET

    NEW YORK _ News Corp. on Thursday reported fiscal second-quarter earnings of $63 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. News Corp. shares have fallen almost 9 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen slightly more than 6 percent.

  • Tribune Publishing gets $44.4M from Chicago investor Thursday, 4 Feb 2016 | 9:15 AM ET

    CHICAGO— Tribune Publishing, the troubled owner of the Chicago Tribune and other newspapers around the country, said it received a $44.4 million cash infusion from a Chicago investor who has a stake in its rival newspaper the Chicago Sun-Times. The company has expressed interest in bidding for some assets of Freedom Communications, the bankrupt publisher of...

  • New York Times beats Street 4Q forecasts Thursday, 4 Feb 2016 | 8:39 AM ET

    NEW YORK _ The New York Times Co. on Thursday reported fourth-quarter earnings of $51.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. New York Times shares have decreased roughly 5 percent since the beginning of the year.

  • Three comic book publishers change industry Monday, 25 Jan 2016 | 10:00 AM ET
    Three comic book publishers change industry

    Dynamite Entertainment, IDW Publishing and BOOM! Studios have been surviving in the comic industry.

  • How to sell comic books when you're NOT Marvel, DC Sunday, 24 Jan 2016 | 11:00 AM ET

    Dynamite, IDW and BOOM! Studios have carved a new niche in comics with a mix of original content and well-known licensed characters.

  • *Whistleblower alerted manager who did not react- SZ. FRANKFURT, Jan 22- Volkswagen's development of software to cheat diesel-emissions tests was an open secret in the company department striving to make its engines meet environmental standards, Germany's Sueddeutsche Zeitung newspaper said on Friday, citing results from VW's internal investigation.

  • FRANKFURT, Jan 22- Many of Volkswagen's managers and staff dealing with emissions problems in the engine-development department knew about test "defeat devices" being developed, Germany's Sueddeutsche Zeitung newspaper said on Friday, citing results from VW's internal investigation. Volkswagen has said that to the best of its knowledge only a small circle...

  • FRANKFURT, Jan 22- Many of Volkswagen's managers and staff dealing with emissions problems in the engine-development department knew about "defeat devices" being developed, Germany's Sueddeutsche Zeitung newspaper said on Friday, citing results from VW's internal investigation. A whistleblower, who was himself involved in the deception, alerted a senior...

  • The publisher of the National Post, Toronto Sun and a host of other major Canadian newspapers said last week that it was aiming to wring C $30 million more in annual cost savings as advertising revenue dries up. Vancouver newsrooms will also be merged, with as many as 50 voluntary buyouts to be offered in Vancouver and Ottawa starting in coming days.

  • The publisher of the National Post, Toronto Sun and other major Canadian newspapers said last week that it was aiming to wring C $30 million more in annual cost savings. Postmedia said the cuts would be effective immediately for 35 jobs in Edmonton, 25 in Calgary and 12 in Ottawa. As part of a related change in sports coverage, five jobs were eliminated from the...

  • Jan 15- Canadian daily Toronto Star is closing its printing plant in Vaughan, Ontario, affecting about 285 jobs, parent Torstar Corp said on Friday. Torstar has reached a deal to outsource printing of the Toronto Star to Transcontinental Printing, making it the latest Canadian newspaper whose printing is to be outsourced amid slowing readership.

  • SAO PAULO, Jan 13- Safra Group, the company running the investments of Lebanese-Brazilian billionaire Joseph Safra, said it has no plans to bid for Swiss private-banking firm BSI Ltd, rebutting a newspaper report on Wednesday stating that a deal was imminent. A New York- based spokesman for the group said in a statement emailed to Reuters that private bank J Safra...

  • ZURICH/ SAO PAULO, Jan 13- Swiss private bank J Safra Sarasin has agreed to buy rival BSI Ltd from embattled Brazilian investment bank Grupo BTG Pactual SA for an undisclosed sum, the online edition of Swiss newspaper Handelszeitung reported on Wednesday. Basel- based J Safra Sarasin, which belongs to Lebanese-Brazilian billionaire Jacob Safra, did not comment.

  • BRASILIA, Jan 13- Brazil's state-controlled oil producer Petrobras is seeking to sell its 5.8 billion Brazilian real stake in petrochemical producer Braskem SA, newspaper Folha de S. Paulo reported on Wednesday. Petróleo Brasileiro SA has hired Brazilian bank Banco Bradesco SA as a financial adviser and has started to pitch the sale to foreign investors,...

  • Playboy Mansion on sale for $200M — Hef included Monday, 11 Jan 2016 | 7:03 AM ET
    View of the Playboy Mansion, owned by US Playboy Magazine publisher Hugh Hefner in Beverly Hills, California.

    The ultimate bachelor pad is up for sale — with the ultimate former bachelor included — Hugh Hefner.