Notizie e Video - TRIBUNE PUBLISHING CO.

Digital content revenues increased 66% year-over-year Exceeded previous guidance for First Quarter Revenue and Adjusted EBITDA CHICAGO, May 06, 2021 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ: TPCO) today announced financial results for the first quarter ended March 28, 2021. First Quarter 2021 Highlights: Exceeded previously provided guidance for first quarter revenue & Adjusted EBITDA Net income from continuing operations increased to $6.1 million, compared to a net loss of $49.0...

Digital content revenues increased 57.0% year-over-year Net increase in cash of $36.7 million CHICAGO, March 04, 2021 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced financial results for the fourth quarter and full year ended December 27, 2020. Unless otherwise noted, amounts and disclosures throughout this earnings release relate to continuing operations and exclude BestReviews LLC. 2020 Full Year Highlights: Net increase in cash of $36.7 million compared to...

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that it has designated a special committee of its Board of Directors to act on behalf of the Company in respect of the acquisition proposal made by Alden Global Capital on December 14, 2020. The special committee consists of three independent members of the Board of Directors. The special committee has engaged Lazard as its financial advisor and Davis Polk & and Wardwell LLP as its legal counsel....

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that it has closed the sale of its majority stake in BestReviews to Nexstar Media Group, Inc. (NASDAQ: NXST). BestReviews LLC was owned 60% by Tribune and 40% by its founders, BR Holding Company, Inc. “We are pleased to have closed the BestReviews transaction which strengthens the Company’s balance sheet and provides flexibility for our business going forward,” said Terry Jimenez, CEO of...

CHICAGO, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that after a comprehensive sales process Tribune and BR Holding Company, Inc. have entered into a definitive agreement to sell 100% of BestReviews LLC to Nexstar Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), for $160 million in cash. BestReviews LLC is owned 60% by Tribune and 40% by its founders, BR Holding Company, Inc. “We are pleased that through our majority...

Digital content revenues increased 67% year-over-year Exceeded previous guidance for 3 rd Quarter Adjusted EBITDA CHICAGO, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ: TPCO) today announced financial results for the third quarter ended September 27, 2020. Third Quarter 2020 Highlights: Total revenues were $188.7 million, down from $236.0 million in the third quarter of 2019 Net income from continuing operations increased to $8.5 million, from $6.9 million in the third...

CHICAGO, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing (NASDAQ:TPCO) today announced it will report its financial results for the third quarter on Wednesday, November 4, 2020. The Company will host a conference call to discuss its business and financial results at 5:00 p.m. Eastern time (4:00 p.m. Central time) on November 4, 2020. The conference call may be accessed via Tribune Publishing’s Investor Relations website at investor.tribpub.com or by dialing 844.494.0195 (508.637.5599 for...

Exceeded previous guidance for 2 nd Quarter Revenues and 2 nd Quarter Adjusted EBITDA Digital content revenues and subscribers increased 40% year-over-year CHICAGO, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ: TPCO) today announced financial results for the second quarter ended June 28, 2020. Second Quarter 2020 Highlights: Total revenues were $183.1 million, down from $250.3 million in the second quarter of 2019 Net income (loss) from continuing operations was $1.6...

CHICAGO, July 28, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ: TPCO) announced today that its Board of Directors has approved the adoption of a limited duration stockholder rights agreement (the “Rights Agreement”) and declared a dividend distribution of one right (“Right”) for each outstanding share of common stock outstanding as of the record date. The record date for such dividend distribution is August 7, 2020. The Rights expire, without any further action being...

CHICAGO, July 27, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing (NASDAQ:TPCO) today announced it will report its financial results for the second quarter on Wednesday, August 5, 2020. The Company will host a conference call to discuss its business and financial results at 5:30 p.m. Eastern time (4:30 p.m. Central time). The conference call may be accessed via Tribune Publishing’s Investor Relations website at investor.tribpub.com or by dialing 844.494.0195 (508.637.5599 for international...

CHICAGO, July 02, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ: TPCO) today announced that it has extended its cooperation agreement with Alden Global Capital LLC (“Alden”) and has appointed Randall D. Smith of Alden to the Board of Directors, effective immediately. The Board size has been increased from six to seven members. In addition, the cooperation agreement contains standstill and voting commitments surviving until the conclusion of the Company’s 2021 Annual Meeting,...

CHICAGO, June 05, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ: TPCO) today announced financial results for the first quarter ended March 29, 2020. First Quarter 2020 Highlights: Total revenues were $216.5 million, down from $244.5 million in the first quarter of 2019 Loss from operations was $62.0 million, substantially due to non-cash impairment charges of $51.0 million, compared to a loss of $7.4 million in the first quarter of 2019 Adjusted EBITDA was $13.3 million, a decrease...

CHICAGO, May 19, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing (NASDAQ:TPCO) today announced it will report its financial results for the first quarter of fiscal 2020 on Friday, June 5, 2020, instead of the previously announced date of May 22, 2020. The Company requires additional time to assess the valuation of certain assets and determine if a non-cash impairment charge is required, primarily as a result of COVID-19 pandemic. The Company will host a conference call to discuss its business and...

CHICAGO, May 13, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing (NASDAQ:TPCO) today announced it will report its financial results for the first quarter on Friday, May 22, 2020. The Company will host a conference call to discuss its business and financial results at 8:30 a.m. Eastern time (7:30 a.m. Central time). The conference call may be accessed via Tribune Publishing’s Investor Relations website at investor.tribpub.com or by dialing 844.494.0195 (508.637.5599 for international callers) and...

CHICAGO, March 04, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced financial results for the fourth quarter and full year ended December 29, 2019. Unless otherwise noted, amounts and disclosures throughout this earnings release relate to continuing operations and exclude all discontinued operations including the Los Angeles Times, San Diego Union-Tribune and other assets of the California News Group (collectively, the “California properties”) and...

CHICAGO, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing (NASDAQ:TPCO) today announced it will report its financial results for the fourth quarter and full year ended December 29, 2019, on Wednesday, March 4, 2020. The Company will host a conference call to discuss its business and financial results at 5 p.m. Eastern time (4 p.m. Central time). The conference call may be accessed via Tribune Publishing’s Investor Relations website at investor.tribpub.com or by dialing 844.209.4036...

CHICAGO, Feb. 19, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Tribune Publishing Company (NASDAQ: TPCO) declared a quarterly cash dividend of 25 cents per share, payable on March 16, 2020, to stockholders of record as of the close of business on March 2, 2020. The Board will continue to evaluate the dividend on a quarter by quarter basis. About Tribune Publishing Tribune Publishing (NASDAQ: TPCO) is a media company rooted in award-winning journalism. Headquartered in Chicago, Tribune...

CHICAGO, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ: TPCO) today announced that its Board of Directors has approved the initiation of a cash dividend program under which Tribune Publishing intends to declare regular quarterly cash dividends to its shareholders. In conjunction therewith, Tribune Publishing’s Board of Directors has declared an initial quarterly cash dividend of $0.25 per share of common stock. The initial dividend will be payable on December 10, 2019,...

Growth in Net income from continuing operations of $7.5 million year-over-year Digital content revenues increase ~50% year-over-year CHICAGO, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ: TPCO) today announced financial results for the third quarter ended September 29, 2019. Unless otherwise noted, amounts and disclosures throughout this earnings release relate to continuing operations and exclude all discontinued operations including the Los Angeles Times, the San Diego...

CHICAGO, Oct. 15, 2019 (GLOBE NEWSWIRE) -- Tribune Publishing (NASDAQ:TPCO) today announced it will report its financial results for the third quarter ended September 29, 2019, on Thursday, November 7, 2019, after the market closes. The Company will host a conference call to discuss its business and financial results on November 7, 2019, at 5 p.m. Eastern time (4 p.m. Central time). The conference call may be accessed via Tribune Publishing’s Investor Relations website at investor.tribpub.com...