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Why Is News Corp (NWSA) Stock Soaring Today
Yahoo Finance· 2025-11-07 21:05
What Happened? Shares of global media and publishing company News Corp (NASDAQ:NWSA) jumped 6.1% in the afternoon session after the company reported third-quarter 2025 results that surpassed Wall Street's expectations. The global media company posted revenue of $2.14 billion, representing a 2.3% increase year-over-year and beating the analyst consensus by 2%. Profitability also came in ahead of forecasts, with a GAAP profit of $0.20 per share, which was 9.4% above estimates. Furthermore, the company demo ...
ANNOUNCEMENT OF INTENTION TO MAKE A VOLUNTARY TAKEOVER BID TO ACQUIRE THE SHARES OF AKTSIASELTS EKSPRESS GRUPP
Globenewswire· 2025-11-07 14:00
HHL Rühm Osaühing (a company registered in Estonia with registry code 10743222, „HHL Rühm“ or “Offeror”) announces its intention to make a voluntary takeover bid to all shareholders of Aktsiaselts Ekspress Grupp („Ekspress Grupp“) to acquire all shares of Ekspress Grupp not held by the Offeror (“Bid”). The Offeror wishes to increase its shareholding in Ekspress Grupp to 90%. Following successful Bid the Offeror intends to apply for takeover of the remaining shares according to § 1821 of the Estonian Securit ...
News Corp. (NWSA) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-11-07 00:01
For the quarter ended September 2025, News Corp. (NWSA) reported revenue of $2.14 billion, down 16.8% over the same period last year. EPS came in at $0.22, compared to $0.21 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.11 billion, representing a surprise of +1.53%. The company delivered an EPS surprise of +22.22%, with the consensus EPS estimate being $0.18.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
AS Ekspress Grupp reorganizing the group structure
Globenewswire· 2025-11-05 07:00
AS Ekspress Grupp is reorganizing the group structure by transferring the shareholding of its subsidiary OÜ Geenius Meedia to the group’s media company AS Delfi Meedia. The aim of the change is to make better use of Delfi Meedia’s expertise and to place greater focus on developing the content and new formats offered by Geenius. Geenius Meedia OÜ will continue to operate as a separate media company. The change has no impact on the group's economic activities. Geenius Meedia OÜ is a media company founded in 2 ...
Ekspress Grupp’s subsidiary Delfi Latvia facing contractual dispute regarding advertising sales
Globenewswire· 2025-10-16 07:54
Core Points - AS Ekspress Grupp's Latvian subsidiary AS Delfi is facing an insolvency application filed by SIA Ekis & Co-Positioning and Consulting over a contractual dispute related to advertising services [1] - The dispute is characterized as a standard commercial issue regarding contested invoices, which should be resolved through legal channels rather than insolvency proceedings [2] - The claim amount in question is 200,000 euros, and the dispute does not affect Delfi Latvia's daily operations or its financial position [3] Company Overview - AS Delfi is a significant component of the Baltic region's largest media group, with a revenue of 5.5 million euros and a profit of 594,281 euros in 2024 [4] - The company meets all contractual obligations, including those related to state-funded media projects [4] - AS Ekspress Grupp, established in 1989, is the leading Baltic media group, involved in web media content production, publishing, electronic ticket sales, and organizing events, employing around 1,000 people [4]
India Today Group Becomes First in APAC to Launch Taboola’s DeeperDive Gen AI Answer Engine
Globenewswire· 2025-10-07 13:00
Core Insights - Taboola has partnered with India Today Group to introduce DeeperDive, a Gen AI answer engine designed for the open web, marking a significant advancement in AI-driven content engagement in the APAC region [1][3] Group 1: DeeperDive Overview - DeeperDive allows readers to ask questions and receive instant answers sourced from high-quality content created by journalists, enhancing the user experience on publisher websites [2][4] - The AI engine leverages proprietary, real-time content, providing smarter and more diverse answers based on current trends and user engagement [5][6] Group 2: India Today Group's Role - India Today Group, with a legacy of 50 years, is recognized for its leadership in India's media landscape and commitment to innovation [3][7] - The partnership with Taboola reflects the Group's strategy to embrace technology and enhance reader engagement through AI [5][9] Group 3: Benefits of DeeperDive - DeeperDive aims to increase readership and engagement by providing intuitive answers and links to relevant articles, encouraging deeper content exploration [5][6] - The platform also opens new monetization opportunities for publishers by integrating contextually relevant ads into the AI-generated results, allowing for search-like advertising revenue [5][6]
Comment on information published on the Latvian media portal
Globenewswire· 2025-09-29 09:00
Group 1 - AS Ekspress Grupp's Latvian subsidiary AS Delfi had a plan to reduce share capital, which was cancelled on September 19, 2025, as part of regular financial structure planning related to the sale of a stake in SIA Altero [1] - The cancelled share capital reduction has no impact on the daily operations or financial position of AS Delfi or AS Ekspress Grupp [1] - The share capital reduction plan is unrelated to a business dispute with SIA Ekis & Co-Positioning and Consulting, which involves advertising sales management for the news portal LA.lv [2] Group 2 - AS Delfi generated revenue of 5.5 million euros and a profit of 594,281 euros in 2024, fulfilling all contractual obligations including state-funded media projects [3] - AS Ekspress Grupp is the leading media group in the Baltic region, involved in web media content production, publishing, electronic ticket sales, and organizing events [3] - The Group employs approximately 1,000 people and has been operational since 1989 [3]
Fox Corp. CEO and favored son Lachlan Murdoch prevails in family succession drama
Yahoo Finance· 2025-09-08 22:28
Core Points - The Murdoch succession drama has concluded with a $3.3 billion settlement, granting Lachlan Murdoch control over the family's media assets, including Fox News, the New York Post, and the Wall Street Journal [1][2] - The settlement resolves ongoing legal disputes that had cast uncertainty over the future direction of Fox Corp. and News Corp. [2] - Rupert Murdoch's desire to maintain the conservative orientation of his media empire influenced the decision to solidify Lachlan's leadership [4][5] Group 1: Succession and Control - The succession battle became public when three of Rupert Murdoch's children attempted to block changes to his trust that would favor Lachlan [3] - Rupert Murdoch aimed to ensure that Lachlan, who aligns ideologically with him, would lead the company to preserve its conservative values [4][5] - As part of the settlement, Prudence, Elisabeth, and James agreed to relinquish their shares in the family trust and any future roles [6] Group 2: Family Dynamics - The legal disputes highlighted divisions within the Murdoch family, particularly between James, Elisabeth, Prudence, and their father [7] - Rupert Murdoch's concerns about the more liberal views of his son James motivated him to limit the influence of his other children [6] - The resolution of the disputes involved dropping ongoing litigation, indicating a move towards family unity [8]
Polished.com (POL) - 2025 Q2 - Earnings Call Presentation
2025-08-15 07:30
Financial Performance Overview - The group experienced a decline in earnings, primarily due to weaker performance in the Swedish media houses and distribution operations[3,8] - Digital revenues increased, adjusted for currency effects, by 11.7%, while operating costs decreased by 0.5%[6] - Helthjem Netthandel contributed negatively to the earnings decline by MNOK 5[9] Digital Revenue and User Growth - Strong growth in digital user revenues was observed in both Norway and Sweden[7] - Digital advertising revenues also increased in both countries[7] - Revenues from purely digital products accounted for more than half of the media houses' total advertising and user revenues for the first time[7] Cost Management and Efficiency Measures - Measures implemented in 2023 and 2024 helped limit the group's underlying cost growth to 1%[7] - Further measures were implemented in the Swedish distribution business during the quarter, with savings expected from the third quarter of 2025[7] - A process was initiated to reduce staffing by approximately 60 full-time positions in the Swedish media houses, with savings expected from the fourth quarter of 2025[7] Distribution Performance - Distribution in Norway saw earnings growth driven by reduced costs and increased earnings contribution from Aktiv Norgesdistribusjon[37] - Distribution in Sweden experienced weak earnings development, with new measures implemented and expected to take effect from the next quarter[37] Stampen Media Initiatives - Measures in the distribution business of Stampen Media have been implemented, and further efficiency measures are being implemented in the media business, with an annual earnings effect of approximately MSEK 60[46] - The commenced staff reduction process is expected to result in annual cost savings of approximately MSEK 45[48] - Structural changes related to distribution geography and branch structure were implemented in the second quarter of 2025, with savings expected from the third quarter of 2025, resulting in an annual earnings effect of approximately MSEK 15[49] Financial Position and Cash Flow - The group paid out dividends of MNOK 1,095 in the quarter[52] - The group sold shares in FINN for MNOK 2,500, receiving payment in Vend shares[54]
AS Ekspress Grupp refinances bonds
Globenewswire· 2025-07-03 07:00
Group 1 - AS Ekspress Grupp and AS SEB Pank signed a loan contract to refinance EUR 5 million bonds from LHV pension funds, with a new loan deadline of 2 July 2030 [1] - The refinancing will reduce Ekspress Grupp's annual interest expenses by approximately EUR 150 thousand, while annual loan service will increase by around EUR 340 thousand [1] - The refinancing will lower the average interest rate of Ekspress Grupp's financial liabilities, allowing the company to decrease overall indebtedness and prepare for potential acquisitions and economic challenges [2] Group 2 - AS Ekspress Grupp is the leading Baltic media group, involved in web media content production, publishing newspapers, magazines, and books [2] - The Group operates an electronic ticket sales platform and ticket sales offices in Latvia and Estonia, and provides digital outdoor screen services in both countries [2] - Established in 1989, Ekspress Grupp employs about 1,000 people [2]