Media
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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
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
Ultimately, the numbers didn’t add up to local ownership of Rhode Island’s most prominent newspaper. more
(Updated, Aug. 4, 3:45 p.m.) GateHouse Media will not honor the collective bargaining agreements negotiated between the Providence Journal and A.H. Belo Corp. and may lay off as many as 40 Journal employees upon its purchase of the paper who will be covered by Belo’s severance policy, according to an asset purchase agreement filing with the U.S. Securities and Exchange Commission. 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
(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
Embolden, a digital-communications group, has been acquired by New Jersey-based Crown Philanthropic Solutions, which specializes in philanthropic technology. 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
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
(Updated, 5:30 p.m.) The Providence Phoenix will cease publication next week, according to a news release from the company. more
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