Thompson, who is now chief executive of The New York Times Company, (NYSE:NYT) admitted that the issue almost forced him to breaking point in the middle of fraught negotiations over the BBC’s licence renewal four years ago. The New York Times Company (NYSE:NYT) stock opened at $15.20 in last session, and closed at $15.77, while the day range of stock is $15.20 – $15.82. The stock showed a positive weekly performance of 8.76%.
Lee Enterprises, Inc. (NYSE:LEE) owner of the Napa Valley Register, recently provided a review of its digital news, sales and audience strategies, along with a financial update that includes improved cost guidance. Lee Enterprises, Incorporated (NYSE:LEE) stock opened at $4.88, in last session and closed at $4.85, by losing -1.02%. The 52 week range of the stock is $1.17 – $4.98. Company’s market capitalization is $259.23 million.
The McClatchy Company (NYSE:MNI) which owns the Idaho Statesman, has reported a slight increase in fourth-quarter profits even as print advertising continues to decline. The McClatchy Company (NYSE:MNI) stock decreased -0.84% and finished the last session at $4.70. The EPS of the stock remained -0.28. Company’s market capitalization is $405.80 million.
The EW Scripps Company (NYSE:SSP) has agreed to acquire two US television stations owned by Granite Broadcasting Corp – Detroit MyNetworkTV affiliate WMYD and Buffalo, NY, ABC affiliate WKBW – for US$110 million in cash. The E.W. Scripps Company (NYSE:SSP) stock opened the session at $19.31, and closed the session at $19.58. The 52 week range of the stock remained $8.29 – $22.00 and the day range was $19.31 – $19.87.