Joseph Tartakoff
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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Advertising, Media & Publishing, B2B, Magazines, Search, Companies, New York Times, primedia, tpg capital
David Kaplan
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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Advertising, Media & Publishing, Magazines, Money, Earnings, primedia
Joseph Weisenthal
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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Money, Earnings, primedia
David Kaplan
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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Media & Publishing, Magazines, Money, Earnings, primedia
Rafat Ali
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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Industry Moves, charles stubbs, primedia
Joseph Weisenthal
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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Money, Earnings, primedia
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