ProJo parent company reports $655K loss for Q1

NEW MEDIA INVESTMENT GROUP, parent company of the Providence Journal, among other local publications, reported a 2018 first-quarter net loss of $655,000. / PBN FILE PHOTO/BRIAN MCDONALD
NEW MEDIA INVESTMENT GROUP, parent company of the Providence Journal, among other local publications, reported a 2018 first-quarter net loss of $655,000. / PBN FILE PHOTO/BRIAN MCDONALD
PROVIDENCE – New Media Investment Group Inc., parent company of the Providence Journal, The Newport Daily News, The Standard-Times, The Herald News, The Independent and Mercury, including other local publications, reported a net loss of $655,000 for the first quarter, compared with a $3.7 million loss in the first quarter 2017, according to a company…

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