Feb 18, 2008 11:05 AM
Privately-held newspaper publisher MediaNews Group has filed its latest quarterly figures with the SEC, showing revenue of $345.2 million, down 7.2 percent from $372.4 million. A 9.1 percent decrease in ad revenue, to $274.6 million was the primary culprit. Net income grew in the quarter to $17.3 million from $12.9…
Posted In: Media & Publishing, Newspapers, Money, Earnings, Companies, Hearst, MediaNews, kaango
Nov 14, 2007 8:36 PM
This was buried in newspaper conglom MediaNews‘s 10-Q filed earlier today with SEC: the newspaper group, along with The Hearst Corp., has bought 80 percent of online classifieds and software firm Kaango, for about $20 million. Kaango will be held by a newly formed LLC, which is 50 percent owned…
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