Media
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A.H. Belo Corp., parent company of The Providence Journal, reported full-year net income of $16.1 million, or 71 cents per diluted share, in 2013, compared with 2012 earnings of $526,000, as it saw revenue fall 2.3 percent for the year to $366.2 million. more
Providence Business News took two first-place awards Saturday in the New England Newspaper and Press Association’s Better Newspaper Competition as well as second place for general excellence. more
Economic development and the celebrated successes of local businesses topped the list of most-read stories on PBN.com in 2013. Three of the top six stories were the announcements of winners in Providence Business News’ annual Rhode Island’s Best Places to Work, 40 Under Forty and Fastest-Growing & Innovative Companies awards. more
Reed Phillips III, a media analyst at DeSilva & Phillips in New York, has estimated the worth of The Providence Journal at between $35 million and $50 million. more
The A.H. Belo Corp. announced Wednesday morning that it was exploring the sale of the Providence Journal. Company Chairman, President and CEO James M. Moroney III said the move fit with an overall strategy to “focus on investing and growing in Dallas.” more
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