Belo Corp. (NYSE:BLC)

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Does Washington Post Purchase Mean Amazon Has Topped?

The world of media convergence gets stranger and stranger by the month. Old media wants to be new media, but now it seems that the billionaires want to control the ...
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Gannett Earnings Okay, but Next Quarter Will Be Tough

Gannett Co. Inc. (NYSE: GCI) reported second-quarter 2013 results before markets opened this morning. The media company posted adjusted diluted earnings per share (EPS) of $0.58 on revenues of $1.3 ...
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Tribune Company Acquires TV Stations

The owner of the Los Angeles Times, the Chicago Tribune and other major daily newspapers is spending about $2.73 billion to acquire 19 TV stations in 16 markets. The Tribune ...
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Closing Bell for Thursday on Wall Street: Markets Recoup from Low Open to Post Gain

U.S. equity markets opened lower this morning, but gathered steam following encouraging reports on new claims for jobless benefits (down) and retail sales (up). There was little economic data from ...
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Is Gannett Making the Right Bet on the Future of Broadcast TV?

Today’s announcement that Gannett Company Inc. (NYSE: GCI) would pay $1.5 billion in cash and assume more than $700 million debt to acquire Belo Corp. (NYSE: BLC) comes about two ...
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Gannett Expands Its Media Empire with Belo Acquisition

Media firm Gannett Company Inc. (NYSE: GCI) this morning signed a definitive merger agreement with TV station owner Belo Corp. (NYSE: BLC) to acquire all the outstanding shares of Belo ...
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Buffett Takes Stake in Lee for Newspapers, More to Come? (LEE, BRK-A, BRK-B, MEG, GCI, MNI, DJCO, BLC)

Lee Enterprises, Inc. (NYSE: LEE) is a tiny media company with news and advertising.  It serves midsize and small markets in the United States with 52 daily and 39 Sunday ...
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Warren Buffett Tries To Save The Newspaper Business

It is no secret that the newspaper business has not been a good sector over the last decade.  Subscriptions declined about as fast as the number of smokers did in ...
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Nine High Dividends & Dividend Gainers in Services: Value and the Kitchen Sink (RRD, GPC, CCL, BLC, TWX, TWC, MHP, EAT, IPG)

The “services sector” is almost too broad to be counted when screens are conducted. Throwing in publishers, media, cable, travel, restaurants, auto-parts and advertising into a single screen feels like ...
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The 24/7 Wall St. Top Ten Analyst Calls of the Week (COF, CTRP, NBG, P, RIMM, SHLD, SRDX, LVS, MPEL, HD, LOW, BLC, GCI)

We have another week that has passed by and there were many stand-out research calls that took place throughout the last week.  Our top analyst calls, some of which are ...
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How the Election Cycle Will Win For TV & Media (GCI, SSP, JRN, GTN, SBGI, BLC)

Gabelli & Co. has a unique research report out this morning and we took a look at this to see where the opportunity is.  Imagine that television stocks should still ...
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Rating the Top 25 Newspaper Websites 2009

The struggle for large urban newspapers to stay in business has largely been an effort on the part of their managements to increase revenue on the Internet faster than it ...
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24/7 Wall St.’s Take on Scripps & Media Break-Ups (SSP, BLC, TRB, JRC)

EW Scripps Co. (NYSE:SSP) is following the media trend of separating its operations into more pure play media sectors.  The good news here is that the valuable interactive unit will ...
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Belo (BLC): A Reminder Of How Little Newspapers Are Worth

Belo (BLC) yesterday announced that it would separate its newspaper and broadcast properties into two separate companies. The firm's shares rose from $17.50 to over $21.Belo's newspaper revenue has dropped ...
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Newspaper Carnage Continues, But…. (NWS, DJ, TRB, MNI, GHS, JRN, NYT, GCI, SSP, BLC, LEE )

There has been a solid recovery in newspaper and media plays in recent weeks, for some obvious merger reasons.  But the continuously deteriorating fundamentals in the sector lend a credence ...
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