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JRN News

Scripps Networks Makes Ambitious Move to Expand Internationally

The media company has agreed to acquire a 52.7% interest in the Warsaw television company for nearly $1.5 billion, including assumed debt.

New York Daily News on Auction Block After Inquiry of Interest

At a time of challenging economics for newspapers the Daily News isn't the only property on the market.

Gannett Latest To Hive Off Publishing Business

Owner of USA Today will spin newspaper unit, buy out 73% stake in parent of for $1.8 billion.

Scripps' Rich Boehne Wants Local TV Broadcasters to Wake Up to Digital

Scripps' merger with Journal Communications isn't only about carving out low-growth newspapers; it's about remaking local TV-broadcasters for the digital era.

E.W. Scripps Combines Print, TV Assets With Regional Peer

Joins with Journal Communications to separate the businesses into two publicly-traded companies.

Breaking News

Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.