Updated January 25 at 4:55pm
Media
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(Updated, 9:45 p.m.) The Providence Journal has begun laying off employees in advance of its acquisition by the parent of Gatehouse Media Inc., according to comments from newsroom staff on social media. Rhode Island Public Radio reports that 22 editorial union personnel were losing their jobs. more
If any city seemed suited to an alternative weekly newspaper it was Providence. College students and liberal sensibilities promised a receptive audience, while artists, musicians and a notorious political culture supplied the subject matter. more
Providence resident Sue Tremblay, of Providence, was recently hired by Providence-based brand culture and communications firm (add)ventures as its vice president of insights/analytics. A former … more
The parent company of the Providence Journal announced Wednesday that it launched a public offering of 7 million shares of stock for gross proceeds of approximately $151.9 million. more
Providence Newspaper Guild members and supporters took their concerns about impending layoffs at the Providence Journal to the streets Thursday. more
Discovery Communications Inc. acquired the control of The Hub from partner Hasbro Inc. and will rename the children’s TV network Discovery Family Channel as it looks to broaden its family and children’s programming. more
Sony Pictures said “The Interview” took in almost $1 million in ticket sales on Christmas Day, as the comedy filled U.S. theaters in limited release without incident following promised threats of violence. more
Business accolades, economic development, scenic restaurants and Rhode Island’s capital city took center stage in 2014, making the list of PBN.com’s most-read stories. more
Technology giants like Facebook, LinkedIn and Amazon – along with the data analysts at legacy media companies like Disney and Time Warner – spend their days trying to seduce their audiences by creating ultra-targeted streams of news, television clips, opinions and other pop-culture ephemera. When members of that same audience log on to social networks, Hulu accounts, Netflix or Amazon Prime they consume ads, videos and news items that cater to what the algorithms driving those services believe users want. more
The new owner of the Providence Journal reported third-quarter earnings on Thursday, showing total revenue of $165.1 million, an increase of 31 percent year over year, driven by classified print and preprint revenue. more
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