Media
46 results total, viewing 21 - 30
LIN Media LLC directors structured Media General Inc.’s $1.6 billion buyout of the local TV-station operator in a way that unfairly benefits private-equity firm HM Capital Partners LLC over other shareholders, a pension fund claimed in a lawsuit. more
It’s NCAA tournament time – do you know what conference your favorite team plays in? For New England college basketball fans, the last two years of conference realignment have brought dizzying change, including the breakup of former regional stalwart the Big East. While local schools such as Providence College are pursuing their future in a new regional Catholic league, the organization that was the Big East remains headquartered in Providence, even as it rebrands itself as a national conference. more
The TV landscape in Rhode Island is going to change as result of the proposed merger of Media General, owner of WJAR-TV NBC 10, and Providence-based LIN Media LLC, owner of WPRI-TV CBS 12 and operator of WNAC-TV Fox 64. One of the stations is expected to get a new owner due to federal regulations that in most cases prevent ownership of more than one station in the same market. more
(Updated, 2:54 p.m.) Media General Inc. agreed to acquire Providence-based LIN Media LLC in a transaction valued at about $1.6 billion, adding local TV stations across the U.S. to get better negotiating leverage with advertisers and cable providers. more
A report released Thursday outlining an action plan to improve digital literacy in the state advised policymakers to work with educators and business leaders to transform the state’s digital media industry. more
A.H. Belo Corp., parent company of The Providence Journal, reported full-year net income of $16.1 million, or 71 cents per diluted share, in 2013, compared with 2012 earnings of $526,000, as it saw revenue fall 2.3 percent for the year to $366.2 million. more
Providence Business News took two first-place awards Saturday in the New England Newspaper and Press Association’s Better Newspaper Competition as well as second place for general excellence. more
Economic development and the celebrated successes of local businesses topped the list of most-read stories on PBN.com in 2013. Three of the top six stories were the announcements of winners in Providence Business News’ annual Rhode Island’s Best Places to Work, 40 Under Forty and Fastest-Growing & Innovative Companies awards. more
CHARLOTTE, N.C. – Baker & Taylor, among the world’s largest distributors of digital and physical books and entertainment products, has been selected by the Massachusetts Library System to participate in a pilot project designed to expand access to e-books. more
The most important news, after the announcement itself, that the A.H. Belo Corp. was exploring the sale of The Providence Journal was the continuing admission by Belo that Rhode Island’s dominant daily was still “an important financial contributor to our company.” more
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