Media Publishing

  • Nov 1- Gannett Co Inc, the publisher of USA Today, said it had abandoned plans to buy Tronc Inc, the publisher of the Chicago Tribune and the Los Angeles Times, after determining that the terms were not acceptable. The final offer price has not been publicly disclosed, but the Wall Street Journal reported that the companies had recently agreed on a purchase price of...

  • Nov 1- Gannett Co Inc, the publisher of USA Today, said on Tuesday it had abandoned plans to buy Tronc Inc, the publisher of the Chicago Tribune and the Los Angeles Times. Bloomberg reported in early October that Gannett was offering $18.50 to $19 per share. Gannett, the biggest U.S. newspaper publisher by circulation, made an unsolicited $12.25 per share takeover...

  • Gannett ends talks to buy Tronc

    Gannett has terminated discussions to acquire Tronc, reports CNBC's Andrew Ross Sorkin.

  • BEIJING, Oct 28- China's property developers will not be allowed to issue bonds to raise money for land purchases, a Chinese newspaper reported on Friday, in an attempt to cool a property frenzy in the world's second-largest economy. The Shanghai Stock Exchange has issued a letter to bond underwriters to thoroughly investigate how property developers would...

  • Oct 27- Gannett Co Inc remains in active negotiations to acquire U.S. newspaper publishing peer Tronc Inc, despite reporting disappointing earnings on Thursday that weighed on its shares, according to people familiar with the matter. Its shares fell more than 17 percent to $8.21 in New York on Thursday, giving it a market capitalization of $960 million.

  • Its shares were down 17 percent at $8.20 in afternoon trading in New York on Thursday, giving it a market capitalization of around $960 million. Tronc shares dropped as much 30 percent on Thursday after Bloomberg News reported, citing sources, that banks financing Gannett's takeover of Tronc, which has a market capitalization of around $500 million, have backed...

  • Its shares were down 17 percent at $8.20 in afternoon trading in New York on Thursday, giving it a market capitalization of around $960 million. Tronc shares dropped as much 30 percent on Thursday after Bloomberg News reported, citing sources, that banks financing Gannett's takeover of Tronc, which has a market capitalization of around $500 million, have backed...

  • TORONTO, Oct 20- Postmedia Network Canada Corp, one of the country's biggest newspaper publishers, reported a wider loss and a 13 percent fall in fourth-quarter revenue on Thursday, as slower print sales outpaced its savings from cost cuts. Postmedia said it had a net loss of C $99.4 million in the three months to the end of August, compared to a loss of C $54.1 million...

  • Oct 18- Time Inc, the publisher of Sports Illustrated, People and Time magazines, said Chief Financial Officer Jeff Bairstow will leave the company after a three-year stint and would be succeeded by Senior Vice-President Sue D'Emic. Time had appointed Rich Battista as its chief executive last month, succeeding Joe Ripp. The latest management shuffle comes...

  • LONDON, Oct 17- Britain's Pearson said a drop in demand for higher education textbooks in its biggest market the United States had resulted in a weaker-than-expected third-quarter performance. Pearson, which sold the Financial Times newspaper and its stake in The Economist magazine last year to concentrate on education, said poor demand for textbooks from...

  • BERLIN, Oct 16- The German Economy Ministry wants to protect high tech companies in Germany from unwanted takeovers, especially from state-owned and partly state-owned companies in non-European countries, a German newspaper reported on Sunday. Welt am Sonntag said Deputy Economy Minister Matthias Machnig had in the past week sent to members of the German...

  • Dirk Gently’s Holistic Detective Agency.

    IDW Publishing has found early success taking the reins in adapting its own comics for television with series like "Wynonna Earp."

  • BERLIN, Oct 15- German Finance Minister Wolfgang Schaeuble told a German newspaper he wanted the euro zone bailout fund- the European Stability Mechanism- to be given responsibility for monitoring euro zone countries' budgets instead of the European Commission. "The ESM would not judge budget plans in a political way but rather in strict accordance with the...

  • LONDON, Oct 14- Natalie Hilton travels past her central London university every day, listening to lectures on the bus, studying towards a masters degree without ever setting foot on campus. As the economy recovered in its biggest market, the United States, more people went into employment than education. It has also suffered from students borrowing or buying...

  • LONDON, Oct 14- Natalie Hilton travels past her central London university every day, listening to lectures on the bus, studying towards a masters degree without ever setting foot on campus. As the economy recovered in its biggest market, the United States, more people went into employment than education. It has also suffered from students borrowing or buying...

  • LONDON, Oct 14- Natalie Hilton travels past her central London university every day, listening to lectures on the bus, studying towards a masters degree without ever setting foot on campus. As the economy recovered in its biggest market, the United States, more people went into employment than education. It has also suffered from students borrowing or buying...

  • LONDON, Oct 14- Natalie Hilton travels past her central London university every day, listening to lectures on the bus, studying towards a masters degree without ever setting foot on campus. As the economy recovered in its biggest market, the United States, more people went into employment than education. It has also suffered from students borrowing or buying...

  • LONDON, Oct 14- Natalie Hilton travels past her central London university every day, listening to lectures on the bus, studying towards a masters degree without ever setting foot on campus. As the economy recovered in its biggest market, the United States, more people went into employment than education. It has also suffered from students borrowing or buying...

  • LONDON, Oct 14- Natalie Hilton travels past her central London university every day, listening to lectures on the bus, studying towards a masters degree without ever setting foot on campus. As the economy recovered in its biggest market, the United States, more people went into employment than education. It has also suffered from students borrowing or buying...

  • LONDON, Oct 14- Natalie Hilton travels past her central London university every day, listening to lectures on the bus, studying towards a masters degree without ever setting foot on campus. As the economy recovered in its biggest market, the United States, more people went into employment than education. It has also suffered from students borrowing or buying...