Media
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The A.H. Belo Corp. has agreed to sell the Providence Journal and its production facility for $46 million in cash to New Media Investment Group Inc., the parent company of GateHouse Media. more
(Updated, 9:45 p.m.) The Providence Journal has begun laying off employees in advance of its acquisition by the parent of Gatehouse Media Inc., according to comments from newsroom staff on social media. Rhode Island Public Radio reports that 22 editorial union personnel were losing their jobs. more
A report released Thursday outlining an action plan to improve digital literacy in the state advised policymakers to work with educators and business leaders to transform the state’s digital media industry. more
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
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
If any city seemed suited to an alternative weekly newspaper it was Providence. College students and liberal sensibilities promised a receptive audience, while artists, musicians and a notorious political culture supplied the subject matter. more
Providence resident Sue Tremblay, of Providence, was recently hired by Providence-based brand culture and communications firm (add)ventures as its vice president of insights/analytics. A former … more
Red Sox owner John W. Henry, who purchased The Boston Globe and the Worcester Telegram & Gazette from The New York Times Co. for $70 million last year, has sold the Telegram & Gazette to Halifax Media Group of Dayton Beach, Fla., the paper reported Wednesday. more
Amid changing ownership, competition and technology propelling radio through dramatic transformation, Cumulus Broadcasting Market Manager Barbara Haynes has remained clearsighted. more
Convincing businesses and homeowners to look at the long-term perspective, not just the immediate cost of investment, is one of many challenges communities and governments face as the impact of climate change becomes an increasingly pressing issue, economist Howard Kunreuther told environmental experts, area residents and a group of international journalists Friday at the Metcalf Institute for Marine and Environmental Reporting. more
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