Investing in Newspapers in 2018That Feeds Democracy at the Grassroots

Total Page:16

File Type:pdf, Size:1020Kb

Investing in Newspapers in 2018That Feeds Democracy at the Grassroots Investing in Newspapers in 2018 Panelists: Mark Adams, CEO, Adams Publishing Group Mark Aldam, executive vice president and COO, Hearst Jeremy Halbreich, chairman and CEO, AIM Media Management Jim Moroney, chairman, president and CEO, A.H. Belo Corporation publisher and CEO, The Dallas Morning News Moderator: Penelope Muse Abernathy, Knight Chair, Digital Media Economics, UNC-Chapel Hill School of Media and Journalism Fewer Newspapers, Fewer Readers 1383 Fewer Newspapers in 2018 Circulation Decreases Since 2004 2004 2018 2004 2018 *may include some seven-day averages *2004 and 2018 exclude the circulation of three largest national newspapers Where the Top 25 Companies Own Papers Source: newspaperownership.com Jim Moroney, chairman, president and CEO, A.H. Belo Corporation publisher and CEO, The Dallas Morning News What are you investing in? Growing paid digital subscribers 5 What else are you investing in? Growing paid digital subscribers 6 Is there anything else you are investing in? Growing more paid digital subscribers 7 Why such a focus? Marginal cost = ZERO Fastest way for publishers to build profitable revenue: Recurring monthly revenue 8 9 You need at least three legs on your sources of revenue stool 1. Paid digital 2. Digital subscriptions advertising 3. For us: Digital marketing services What are your three? 10 Mark Aldam, executive vice president and COO, Hearst 2.27.18 Overview DAILIES WEBSITES 15 - 24 40 - 50 2015 2017 2015 2017 1100 JOURNALISTS COMMUNITIES MARKETING SERVICES 31 - 60 103 2015 2017 2017 800 SALESFORCE YP DIRECTORIES DIGITAL BUSINESSES 28 - 35 5 - 8 2015 2017 2015 2017 12 Growth Business HIGHLIGHTS • Digital + Consumer = 60% • 2017 Total Revenue Up 2.6% • Organic Growth Top Priority for Hearst • Execution Performance is Job One! • Favor Bolt-on Solutions that Scale • Growth through Acquisitions Secondary • Expansion if Part of Cluster Strategy 2012 2013 2014 2015 2016 2017 2018 13 Long-Term - Acquisition Strategy • Core EBITDA Over 22% • New Cluster Assets Add Synergy Benefits Immediately • Cost Savings Support Reinvestment in Local Journalism and Local Advertising Sales Resources • Accretive Tuck-ins Offer 2 to 3-Year Payback • Disciplined Valuations – Will New Asset Earnings Produce 3 to 5-Year Payback before Synergy Value? • Importing Hearst Go-to-Market Playbook Changes Revenue Curve 14 Houston Community Newspapers • Independent Business Struggling • 22 Weeklies and 2 Small Dailies • Revenue Declines – Steep Earnings Decline – No Digital Revenue • 17% Ad Revenue Growth • ROI Less than 1 Year NORTH GROUP NORTHEAST GROUP NORTHWEST GROUP SOUTHWEST GROUP SOUTH GROUP The Woodlands Villager Humble Observer Kingwood Observer Tomball Potpourri Examiner Pasadena Citizen Spring Observer Atascocita Observer Cleveland Advocate Magnolia Potpourri Memorial Examiner Dee Park Broadcaster The Courier Lake Houston Observer Eastex Advocate Cypress Creek Mirror (Cy-Fair) Katy Rancher Bay Area Citizen East Montgomery Dayton News Cypress Creek Mirror (Klein) Sugar Land Sun Pearland Journal County Observer Friendswood Journal 15 NEW HAVEN ZONE New Haven Register Group - CT • 3 Dailies and 7 Weeklies • Revenue Down Double Digits & Rapidly Declining MIDDLESEX ZONE Print Circulation • Invested in News Resources & Local Ad Sales • Earnings Growth of 70% in First 8 Months • Circulation Volume Up Q1 LITCHFIELD ZONE • Digital Revenue Growth Outpacing Print Declines Jeremy Halbreich, chairman and CEO AIM Media Management We InvestIn Newspapers Local & Regional MarketingServices Web Sites E-Commerce Media-RelatedTechnology Shoppers 1 8 Decision toInvest New Geography: Minimum $3M-$5MEBITDA Access by Single Non-Stop Flight from DFW Characteristics of Specific CommunitiesServed Can We MakeADifference? ExistingGeography: Any Size 1 9 Return on Investment 12%-15% Annual Pre-TaxCash Distribution on Invested Capital LLC “Pass-Through”Structure Low DebtLeverage PrincipalRepayments Begin Immediatelyin Month 1 Business Model ReflectsContinued Organic Decline in TraditionalPrint Business Growth Opportunities No CorporateHeadquarters & No CorporateStaff 2 0 Mark Adams, CEO Adams Publishing Group We love newspapers as an investment!! Mark Adams, CEO Adams Publishing Group Why? a. Strong brands b. Community service c. Availability of seasoned management d. Fragmented ownership – lots available for purchase e. Consolidation and integration opportunities f. Low purchase multiples = high ROI Mark Adams, CEO Adams Publishing Group So…..what’s our strategy? Mark Adams, CEO Adams Publishing Group The Purchase: a. Buy quality newspapers in solid, growing communities that are underserved by other local media. b. Buy newspapers from families, steering clear of private equity and/or public sellers that have stripped out the newsroom. c. Buy newspapers that have upside: Digital: many newspapers still haven’t exploited their digital opportunities. Retail: many newspapers have cut ‘boots in the street’. More ‘boots’ = more revenue. Circulation: Many newspapers don’t invest in marketing and promotion. Isn’t this the business we’re in?? Mark Adams, CEO Adams Publishing Group The Investment: a. Stay conservative and remember that revenue headwinds won’t subside in the near future. 4x – 5x trailing EBITDA. b. Evaluate the condition of the press assets. Commercial printing can be a strong revenue generator as many publishers are outsourcing printing. c. Upgrade systems and software so associates are as efficient as possible d. Invest in the pressroom? Not just ‘yes’, but ‘heck yes’!! Mark Adams, CEO Adams Publishing Group Operating for the long term: a. Leave the newsroom alone: They know how to do it better than most owners b. Hire and upgrade the sales teams. Pay them what their worth. c. Don’t live quarter to quarter. d. Manage to a reasonable operating margin: 15% e. Create efficiencies in the ‘back office’, without diminishing the local nature of the franchise. Mark Adams, CEO Continued Adams Publishing Group Operating for the long term: Continued f. Go after strategic ‘bolt-ons’. A bigger footprint is usually a better footprint. g. Keep corporate expenses to a minimum: 1% of revenue h. Cap-Ex: 1% of revenue i. Invest in digital agency products: This is a truly long-term item Mark Adams, CEO Adams Publishing Group What lies ahead? a. Continued choppy retail environment b. More migration of readers to digital. Let’s keep them in OUR digital world. c. Continued cycling out of over-levered companies, some with untenable pension obligations. Perhaps more bankruptcies. d. What’s going to happen with the remaining private-equity owned companies? Mark Adams, CEO Adams Publishing Group Investing in Newspapers in 2018 Panelists: Mark Adams, CEO, Adams Publishing Group Mark Aldam, executive vice president and COO, Hearst Jeremy Halbreich, chairman and CEO, AIM Media Management Jim Moroney, chairman, president and CEO, A.H. Belo Corporation publisher and CEO, The Dallas Morning News Moderator: Penelope Muse Abernathy, Knight Chair, Digital Media Economics, UNC-Chapel Hill School of Media and Journalism .
Recommended publications
  • Entertainment & Syndication Fitch Group Hearst Health Hearst Television Magazines Newspapers Ventures Real Estate & O
    hearst properties WPBF-TV, West Palm Beach, FL SPAIN Friendswood Journal (TX) WYFF-TV, Greenville/Spartanburg, SC Hardin County News (TX) entertainment Hearst España, S.L. KOCO-TV, Oklahoma City, OK Herald Review (MI) & syndication WVTM-TV, Birmingham, AL Humble Observer (TX) WGAL-TV, Lancaster/Harrisburg, PA SWITZERLAND Jasper Newsboy (TX) CABLE TELEVISION NETWORKS & SERVICES KOAT-TV, Albuquerque, NM Hearst Digital SA Kingwood Observer (TX) WXII-TV, Greensboro/High Point/ La Voz de Houston (TX) A+E Networks Winston-Salem, NC TAIWAN Lake Houston Observer (TX) (including A&E, HISTORY, Lifetime, LMN WCWG-TV, Greensboro/High Point/ Local First (NY) & FYI—50% owned by Hearst) Winston-Salem, NC Hearst Magazines Taiwan Local Values (NY) Canal Cosmopolitan Iberia, S.L. WLKY-TV, Louisville, KY Magnolia Potpourri (TX) Cosmopolitan Television WDSU-TV, New Orleans, LA UNITED KINGDOM Memorial Examiner (TX) Canada Company KCCI-TV, Des Moines, IA Handbag.com Limited Milford-Orange Bulletin (CT) (46% owned by Hearst) KETV, Omaha, NE Muleshoe Journal (TX) ESPN, Inc. Hearst UK Limited WMTW-TV, Portland/Auburn, ME The National Magazine Company Limited New Canaan Advertiser (CT) (20% owned by Hearst) WPXT-TV, Portland/Auburn, ME New Canaan News (CT) VICE Media WJCL-TV, Savannah, GA News Advocate (TX) HEARST MAGAZINES UK (A+E Networks is a 17.8% investor in VICE) WAPT-TV, Jackson, MS Northeast Herald (TX) VICELAND WPTZ-TV, Burlington, VT/Plattsburgh, NY Best Pasadena Citizen (TX) (A+E Networks is a 50.1% investor in VICELAND) WNNE-TV, Burlington, VT/Plattsburgh,
    [Show full text]
  • HEARST PROPERTIES HUNGARY HEARST MAGAZINES UK Hearst Central Kft
    HEARST PROPERTIES HUNGARY HEARST MAGAZINES UK Hearst Central Kft. (50% owned by Hearst) All About Soap ITALY Best Cosmopolitan NEWSPAPERS MAGAZINES Hearst Magazines Italia S.p.A. Country Living Albany Times Union (NY) H.M.C. Italia S.r.l. (49% owned by Hearst) Car and Driver ELLE Beaumont Enterprise (TX) Cosmopolitan JAPAN ELLE Decoration Connecticut Post (CT) Country Living Hearst Fujingaho Co., Ltd. Esquire Edwardsville Intelligencer (IL) Dr. Oz THE GOOD LIFE Greenwich Time (CT) KOREA Good Housekeeping ELLE Houston Chronicle (TX) Hearst JoongAng Y.H. (49.9% owned by Hearst) Harper’s BAZAAR ELLE DECOR House Beautiful Huron Daily Tribune (MI) MEXICO Laredo Morning Times (TX) Esquire Inside Soap Hearst Expansion S. de R.L. de C.V. Midland Daily News (MI) Food Network Magazine Men’s Health (50.1% owned by Hearst UK) (51% owned by Hearst) Midland Reporter-Telegram (TX) Good Housekeeping Prima Plainview Daily Herald (TX) Harper’s BAZAAR NETHERLANDS Real People San Antonio Express-News (TX) HGTV Magazine Hearst Magazines Netherlands B.V. Red San Francisco Chronicle (CA) House Beautiful Reveal The Advocate, Stamford (CT) NIGERIA Marie Claire Runner’s World (50.1% owned by Hearst UK) The News-Times, Danbury (CT) HMI Africa, LLC O, The Oprah Magazine Town & Country WEBSITES Popular Mechanics NORWAY Triathlete’s World Seattlepi.com Redbook HMI Digital, LLC (50.1% owned by Hearst UK) Road & Track POLAND Women’s Health WEEKLY NEWSPAPERS Seventeen Advertiser North (NY) Hearst-Marquard Publishing Sp.z.o.o. (50.1% owned by Hearst UK) Town & Country Advertiser South (NY) (50% owned by Hearst) VERANDA MAGAZINE DISTRIBUTION Ballston Spa/Malta Pennysaver (NY) Woman’s Day RUSSIA Condé Nast and National Magazine Canyon News (TX) OOO “Fashion Press” (50% owned by Hearst) Distributors Ltd.
    [Show full text]
  • Local Monopoly in the Daily Newspaper Industry
    LOCAL MONOPOLY IN THE DAILY NEWSPAPER INDUSTRY CONCENTRATION of ownership in mass communications industries is a prominent fact in American life.' In the more modern mass media, eight major studios dominate film production.2 A majority of AM radio stations and a large percentage of television outlets are affiliates of five major radio and TV networks.3 In more traditional media, a handful of publishers supplies the bulk of popular magazine circulation.4 And a few dozen regional and national chains own newspapers which account for almost half of total daily circulation and more than half of total Sunday circulation.0 Though govern- ment agencies in recent years have challenged this pattern, concentration persists. 6 1. For general discussion, see 2 CHAFEE, GOVERNMENT AND MASS COMMUNICATIONS (1947); COM-MIISSION. ON FERmomI OF THE PRESS, A FREE AND RESPONSIBLE Pui ss (1947); ERNST, THE FIRST FREEDOm (1946). See also HucS.IEs, PREJUDICE AND TIE PRESS (1950) (reply to. Mr. Ernst and the Commission). 2. See Brady, The Problem, of Monopoly in Motion Pictures, in MAss COMMUNI- CATION 168 (Schramm ed. 1949) ; CommrisSiON ON FREEDOM OF TIHE PRESS, op. Cit. sn pra note 1, at 41-2; see alsoINGLIS, FREED0o OF THE MOVIES (1947). 3. Of 2183 AM stations in operation in 1949, SIEPMANN, RADIO, TELEVISION AND SOCIETY 46 (1950), 1136 were affiliated with Mutual, ABC, CBS, or NBC. Comment, The Impact of the FCCs Chain Broadcasting Rules, 60 YALE L.J. 78, 93 n.75 (1951). And of 62 communities served by TV stations in 1950, 40 were interconnected; most stations in these communities were affiliated with one or more of the four TV networks: Dumont, ABC, NBC and CBS.
    [Show full text]
  • 2011 State of the News Media Report
    Overview By Tom Rosenstiel and Amy Mitchell of the Project for Excellence in Journalism By several measures, the state of the American news media improved in 2010. After two dreadful years, most sectors of the industry saw revenue begin to recover. With some notable exceptions, cutbacks in newsrooms eased. And while still more talk than action, some experiments with new revenue models began to show signs of blossoming. Among the major sectors, only newspapers suffered continued revenue declines last year—an unmistakable sign that the structural economic problems facing newspapers are more severe than those of other media. When the final tallies are in, we estimate 1,000 to 1,500 more newsroom jobs will have been lost—meaning newspaper newsrooms are 30% smaller than in 2000. Beneath all this, however, a more fundamental challenge to journalism became clearer in the last year. The biggest issue ahead may not be lack of audience or even lack of new revenue experiments. It may be that in the digital realm the news industry is no longer in control of its own future. News organizations — old and new — still produce most of the content audiences consume. But each technological advance has added a new layer of complexity—and a new set of players—in connecting that content to consumers and advertisers. In the digital space, the organizations that produce the news increasingly rely on independent networks to sell their ads. They depend on aggregators (such as Google) and social networks (such as Facebook) to bring them a substantial portion of their audience. And now, as news consumption becomes more mobile, news companies must follow the rules of device makers (such as Apple) and software developers (Google again) to deliver their content.
    [Show full text]
  • USA National
    USA National Hartselle Enquirer Alabama Independent, The Newspapers Alexander Islander, The City Outlook Andalusia Star Jacksonville News News Anniston Star Lamar Leader Birmingham News Latino News Birmingham Post-Herald Ledger, The Cullman Times, The Daily Marion Times-Standard Home, The Midsouth Newspapers Daily Mountain Eagle Millbrook News Monroe Decatur Daily Dothan Journal, The Montgomery Eagle Enterprise Ledger, Independent Moundville The Florence Times Daily Times Gadsden Times National Inner City, The Huntsville Times North Jefferson News One Mobile Register Voice Montgomery Advertiser Onlooker, The News Courier, The Opelika- Opp News, The Auburn News Scottsboro Over the Mountain Journal Daily Sentinel Selma Times- Pelican, The Journal Times Daily, The Pickens County Herald Troy Messenger Q S T Publications Tuscaloosa News Red Bay News Valley Times-News, The Samson Ledger Weeklies Abbeville Sand Mountain Reporter, The Herald Advertiser Gleam, South Alabamian, The Southern The Atmore Advance Star, The Auburn Plainsman Speakin' Out News St. Baldwin Times, The Clair News-Aegis St. Clair BirminghamWeekly Times Tallassee Tribune, Blount Countian, The The Boone Newspapers Inc. The Bulletin Centreville Press Cherokee The Randolph Leader County Herald Choctaw Thomasville Times Tri Advocate, The City Ledger Tuskegee Clanton Advertiser News, The Union Clarke County Democrat Springs Herald Cleburne News Vernon Lamar Democrat Conecuh Countian, The Washington County News Corner News Weekly Post, The County Reaper West Alabama Gazette Courier
    [Show full text]
  • Aguilar, Charlotte. “ Confederate Connection Could Mean Name Change for Lanier MS.”
    Aguilar, Charlotte. “ Confederate connection could mean name change for Lanier MS.” InstantNewsWestU.com. InstantNewsWestU.com, 12 January 2016. Web. 24 March 2016. PUBLICATION: “InstantNewsNetwork.com publishes InstantNewsWestU.com, InstantNewsFortBend.com (Fort BendNow.com),InstantNewsKaty.com, InstantNewsBellaire.com, InstantNewsGalveston.com, I nstantNewsPearland.com,InstantNewsHouston.com and West U and Bellaire Essentials magazines. Our award-winning journalists have a living knowledge of the communities we serve to bring its readership a continuous stream of the latest local news through its online news sites and community magazines” (taken from “Contact Us” page at InstantNewsWestU.com). In sum, InstantNewsWestU.com is a neighborhood news outlet with credible, professional staff. AUTHOR: “A familiar figure in local community journalism was named editor of the West University and Bellaire Essentials magazines and their corresponding InstantNewsWestU.com and InstantNewsBellaire.com websites and social media. Charlotte Aguilar is the former editor of the Examiner Newspaper Group, with editions in West U, Bellaire, River Oaks/Montrose and Memorial, and has written about southwest Houston communities for more than 25 years. Under her guidance, the West U Examiner was named Best Community Newspaper by the Houston Press” (http://www.instantnewswestu.com/2015/06/30/49883/--article regarding her appointment at InstantNewsWestU.com as a new editor). SUMMARY: Aguilar reports on the upcoming Jan. 14 Houston ISD board of trustees meeting which focused on “whether to approve the renaming of eight schools — including Sidney Lanier Middle School — whose namesakes had ties to the Confederacy.” As suggested by the quotes Aguilar includes, the article suggests that people should focus on the positive aspect of Lanier’s life instead of the past and because he was a gifted and talented person and was especially known for his music, and writing.
    [Show full text]
  • Missouri Info OM Ch 9
    CHAPTER 9 Missouri Information Harvesting wheat at the O.E. Clark farm, c1910 Gill Photograph Collection Missouri State Archives 894 OFFICIAL MANUAL ND DIV TA ID S E D E E PLU UM RI BU N S U W W E D F E A T I L N L SALUS U X ESTO LE P O P A U L I S UP R E M M D C C C X X Newspaper Organizations Missouri Press Association 802 Locust St. Columbia 65201 DOUG CREWS Teletelephone: (573) 449-4167 / FAX: (573) 874-5894 Executive Director www.mopress.com Missouri Press Association The Missouri Press Association is an organi- On the occasion of its 100th anniversary in zation of newspapers in the state. 1966, the association re-established the old Organized May 17, 1867, as the Editors and Saline County Herald newspaper office in his- Publishers Association of Missouri, the name toric Arrow Rock and maintains a newspaper was changed in 1877 to the Missouri Press Asso- equipment museum in connection with it. ciation. In 1922, the association became a non- The Missouri Press Foundation administers profit corporation; a central office was opened and funds seminars and workshops for newspa- under a field manager whose job it was to travel per people, supports Newspapers In Education the state and help newspapers with problems. programs, and funds scholarships and intern- The association, located in Columbia, became ships for Missouri students studying community the fifth press association in the nation to finance journalism in college. its headquarters through member contributions. Membership in the association is voluntary.
    [Show full text]
  • US National Dissemination Points
    Wire Distribution 2017 US National Dissemination Points 500 Perimeter Park Drive, Suite D US Toll-free: 888.952.4446 x1 Morrisville NC 27560 Phone: 919.744.2723 accesswire.com [email protected] US National Distribution Points The national newsline is distributed to newspapers, broadcast outlets, newswires, Web sites, online databases and relevant industry trade publications. Distribution methods include real−time, full−text feeds via the AP satellite network, Internet FTP and content syndicates, as well as personalized email newsletters. Financial Institutions and Brokers US National Distribution Points The national newsline is distributed to newspapers, broadcast outlets, newswires, Web sites, online databases and relevant industry trade publications. Distribution methods include real−time, full−text feeds via the AP satellite network, Internet FTP and content syndicates, as well as personalized email newsletters. Financial Data Providers US National Distribution Points The national newsline is distributed to newspapers, broadcast outlets, newswires, Web sites, online databases and relevant industry trade publications. Distribution methods include real−time, full−text feeds via the AP satellite network, Internet FTP and content syndicates, as well as personalized email newsletters. Major News Sites US National Distribution Points The national newsline is distributed to newspapers, broadcast outlets, newswires, Web sites, online databases and relevant industry trade publications. Distribution methods include real−time, full−text feeds via the AP satellite network, Internet FTP and content syndicates, as well as personalized email newsletters. Major Newspapers National Distribution Points The national newsline is distributed to newspapers, broadcast outlets, newswires, Web sites, online databases and relevant industry trade publications. Distribution methods include real−time, full−text feeds via the AP satellite network, Internet FTP and content syndicates, as well as personalized email newsletters.
    [Show full text]
  • BELLEFONTAINE EXAMINER ONLINE @ Examiner.Org HUBBARD PUBLISHING CO
    ELLEFONTAINE XAMINER B E Vol. 130 Friday, July 23, 2021 No. 186 AVAILABLE DAILY ONLINE @ examiner.org Area man Family Farm and Home dies in I-70 slated to open in spring 2022 crash BY THE EXAMINER STAFF BY THE EXAMINER STAFF he Leathery Company A Bellefontaine motorist died Wednesday in a multi- vehicle crash on Interstate 70 near Enon. announced Jacob A. Lewis, 21, of Bellefontaine, was pronounced T this week that they dead at the scene from injuries sustained in the crash, troopers of the Springfield Post of the Ohio State Highway have signed a lease Work will begin in early rently operates 66 stores in Michigan, Patrol report. for a new Family September for the new 31,800- Indiana, Ohio, Pennsylvania and His passenger, Alexander J. Lindstrom, 21, of square-foot store that will open in the Maryland. Bellefontaine, was transported from the scene by a Farm and Home former J.C. Penney location, 1710 S. Among the store offerings and CareFlight helicopter to Miami Valley Hospital in Dayton Main St., which closed May 31. departments include farm and ranch with serious injuries. store for the A spring 2022 store opening is equipment, livestock supplies, feed, There were no other reported injuries, according to planned. pet and wild bird supplies, home reports on file Thursday. Fontaine Plaza in Family Farm and Home is a fami- heating and cooling, automotive, The crash occurred at 7:23 p.m. in the westbound cen- the city’s south end ly-owned and operated company hardware and tools, lawn and garden, ter lane of I-70 just west of where State Route 4 merges based in Muskegon, Mich., Donald L.
    [Show full text]
  • National Distribution Points
    National Distribution Points US National delivers your press releases across the most comprehensive distribution in the country, reaching traditional, online and social media. Distribution includes print and broadcast outlets, newswires, online sites, databases and your choice of industry trade publications. Distribution methods include real−time, full−text feeds via the complete AP satellite network, online FTP and content syndicates, as well as personalized email newsletters to reach journalists, bloggers, targeted media and online audiences. 20 de'Mayo Los Angeles CA Newspaper 21st Century Media Newspapers LLC New York NY Newspaper 3BL Media Northampton MA Web Publication 3pointD.com Brooklyn NY Web Publication 401KWire.com New York NY Web Publication 4G Trends Westboro MA Web Publication Aberdeen American News Aberdeen SD Newspaper Aberdeen Business News Aberdeen Web Publication Abernathy Weekly Review Abernathy TX Newspaper Abilene Reflector Chronicle Abilene KS Newspaper Abilene Reporter−News Abilene TX Newspaper ABRN Chicago IL Web Publication ABSNet − Lewtan Technology Waltham MA Web Publication Absolutearts.com Columbus OH Web Publication Access Gulf Coast Pensacola FL Web Publication Access Toledo Toledo OH Web Publication Accounting Today New York NY Web Publication AdAge.com New York NY Web Publication Adam Smith's Money Game New York NY Web Publication Adotas New York NY Web Publication Advance News Publishing Pharr TX Newspaper Advance Newspapers Jenison MI Newspaper Advanced Imaging Pro.com Beltsville MD Web Publication
    [Show full text]
  • 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
    Case 1:13-bk-15929-AA Doc 514 Filed 02/06/14 Entered 02/06/14 16:36:52 Desc Main Document Page 1 of 85 1 RICHARD M. PACHULSKI (SBN 90073) JEFFREY W. DULBERG (SBN 181200) 2 PACHULSKI STANG ZIEHL & JONES LLP 10100 Santa Monica Blvd.,13th Floor 3 Los Angeles, CA 90067 Telephone: 310/277-6910 4 Facsimile: 310/201-0760 E-mail: [email protected] 5 [email protected] 6 Proposed Counsel for David K. Gottlieb, Chapter 7 Trustee 7 8 UNITED STATES BANKRUPTCY COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 SAN FERNANDO VALLEY DIVISION 11 In re: Chapter 7 LLP LLP 12 ONES KSL MEDIA, INC., T.V. 10'S, LLC, and Case No.: 1:13-bk-15929-AA J & AW 13 FULCRUM 5, INC., L T ALIFORNIA A Jointly Administered with Case Nos.: C IEHL , Z 14 Debtors. 1:13-bk-15930-AA and 1:13-bk-15931-AA NGELES TTORNEYS TANG TANG A A S OS 15 NOTICE OF MOTION OF CHAPTER 7 L TRUSTEE FOR ORDER: (1) APPROVING 16 Affects KSL Media, Inc. THE EMPLOYMENT OF TIGER ACHULSKI P Affects T.V. 10’s, LLC REMARKETING SERVICES AS 17 AUCTIONEER FOR THE ESTATES Affects Fulcrum 5, Inc. PURSUANT TO 11 U.S.C. §§ 327 AND 328(a); 18 Affects All Debtors (2) AUTHORIZING THE SALE OF ESTATE PROPERTY AT PUBLIC AUCTION 19 OUTSIDE THE ORDINARY COURSE OF BUSINESS PURSUANT TO 11 U.S.C. §363(b) 20 (3) AUTHORIZING PAYMENT OF COSTS AND ALLOWING COMPENSATION; AND 21 (4) WAIVING 14-DAY STAY PERIOD; MEMORANDUM OF POINTS AND 22 AUTHORITIES AND DECLARATIONS OF DAVID K.
    [Show full text]
  • EU Reporter Worldwide Syndication
    EU Reporter Worldwide Syndication eureporter stories and features are syndicated to over 5,000 media worldwide. Full list: Country Destination Media Type Africa Africa BizWre open web Australia Australian Resources open web Australia Big News Network open web Australia Computershare Analytics intranet Australia One News Page Australia Edition open web Austria International Press Institute open web Bahrain BNA.bh News Agency Bahrain Gulf-daily-news.com Online Newspaper Belarus Ezerin.com Portal Belarus Press-release.by Portal Belarus EZERIN'COM open web Belgium Airborne Wind Energy Industry Association Portal Belgium Belga Direct News Agency Belgium Con2web Portal Belgium Global Wind Energy Council (GWEC) Portal Belgium Airborne Wind Energy Industry Association open web British West Indies Cayman Observer open web Brussels International Association of Journalists open web Canada Auto Service World open web Canada Automobile Journalists Association of Canada open web Canada BioDevices Biz open web Canada BioEndeavor open web Canada Bodyshop Magazine open web Canada Broadcaster Magazine open web Canada Building Magazine open web Canada Business Information Group intranet Canada Canada.com open web Canada Canadian Architect open web Canada Canadian Consulting Engineer open web Canada Canadian Interiors open web Canada Canadian Life Sciences Database open web Canada Canadian Mining Journal open web Canada Canadian Plastics open web Canada Canadian Underwriter open web Canada CanBiotech open web Canada CanWest Media Works closed system Canada Centre for Energy Information open web Canada CIBC open web Canada CNW Montreal open web Canada CNW Toronto open web Canada Credential Direct open web Canada Digital Journal open web Canada EquityFeed Corporation closed system Canada esource America open web Canada esource Canada open web Canada Eureka.cc closed system Canada Financial Post open web Canada Fundata Canada Inc.
    [Show full text]