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Primedia

Primedia Sold To PE Firm For $525 Million

May 16, 2011 1:00 PM

Primedia (NYSE: PRM), the big print and online real estate listings company, has been sold to PE firm TPG Capital for $525 million, including debt. Primedia’s properties include rental publication Apartment Guide and housing publication New Home Guide, along with their accompanying websites, as well as real estate listings site…

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Posted In: Advertising, Media & Publishing, B2B, Magazines, Search, Companies, New York Times, primedia, tpg capital

Earnings
Earnings: Primedia’s Q3: Housing Market Presented Small Pluses, Large Minuses

Nov 6, 2008 8:53 AM

Primedia (NYSE: PRM), adjusting its focus on real estate content these days, saw its Q3 net income fall $381.8 million, which the company said was related to the sale of the Enthusiast Media segment in May 2007. Specifically, the company reported net income of $12 million ($0.27 per share) in…

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Posted In: Advertising, Media & Publishing, Magazines, Money, Earnings, primedia

Earnings
Earnings: Primedia Revs Slip, But Income Up On Lower Costs; Rental.com Picking Up

Aug 7, 2008 6:25 AM

Real estate-related content is a tough business, but Primedia (NYSE: PRM), a provider of guides and directories, is hanging on. The company said Q2 revenue fell 2.2 percent to $76.8 million. And because it cut costs in the quarter, the company actually grew op income 23.3 percent to $9.5 million.…

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Posted In: Money, Earnings, primedia

Earnings
Earnings: Primedia Profit Nosedives 87 Percent, As Ad Revenue Remains Flat

May 8, 2008 8:09 AM

Consumer guide publisher Primedia (NYSE: PRM) profits plummeted 87 percent to $13.6 million in Q1 from $104.7 million the year before. The $91.1 loss was attributed to residual affects, such as taxes, and from the discontinued operations all associated with last August’s $1.2 billion sale of Primedia Enthusiast Media. Revenue…

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Posted In: Media & Publishing, Magazines, Money, Earnings, primedia

Industry Moves
Industry Moves: Primedia Appoints Former YellowPages.com CEO As Its New CEO; Krantz Upped At YP

Apr 22, 2008 2:39 PM

Primedia (NYSE: PRM), the shell-of-a-company-it-once-was, has appointed a new CEO: the 35-year old Charles Stubbs is the new president and CEO, replacing Robert Metz. Stubbs joins from Yellowpages.com where he spent three years as president and CEO. Prior to Yellowpages.com, Stubbs served as president of BellSouth IntelliVentures, the electronic media…

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Posted In: Industry Moves, charles stubbs, primedia

Earnings
Earnings: Primedia Q4 Revs Grow 3 Percent; Digital Apartments Sites Up

Mar 5, 2008 7:48 AM

Guide and directory publisher Primedia (NYSE: PRM) has reported Q4 revenue of $79.1 million, a 3 percent increase over $76.8 million in the year-ago period. Net losses grew to $16.5 million from $13.8 million, although this quarter included a $21.2 million loss on a discontinued operation. Op income was up…

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Posted In: Money, Earnings, primedia

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