MCCLATCHY COMPANY (NY: MNI)
6.370 USD  UNCHANGED
Official Closing Price  /  Updated: 6:40 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(MNI) Community Analysis from
April 18, 2014
Here are some entry targets I like. Lets just see how they work out. Charts to follow I am on my phone typing this. MNI  The McClatchy Company (NYSE:MN)  $2.62  UPDATED at  23:00 ...(read more)
"The deal may provide McClatchy with a cash boost surpassing its market value. Revenue at the Sacramento, California-based company has dropped for three years as circulation and ad sales were hurt by competition from Internet publications. Its shares h...
Silicon and Tin Added to Weaponize AnthraxMcClatchy noted yesterday:Buried in FBI laboratory reports about the anthrax mail attacks that killed five people in 2001 is data suggesting that a chemical may have been added to try to heighten the powder's...
McClatchy Company (MNI) Company Overview

The McClatchy Company (MNI) is the third largest newspaper company in the U.S. based on daily circulation [1]. The company runs 31 daily newspapers and approximately 50 non-dailies across 29 markets nationwide [2]. In June of 2006, McClatchy acquired Knight-Ridder, Inc., the second largest newspaper publisher in the U.S.[3] McClatchy's primary daily newspapers include The Miami Herald, The Sacramento Bee, the (Fort Worth) Star Telegram, The Kansas City Star, the Charlotte Observer, and The (Raleigh) News & Observer[4]. In 2006, the company had an average paid daily circulation of 2,842,452 and Sunday circulation of 3,523,177 [5].

Throughout the last decade, internet advertising has continued to steal advertising dollars from traditional advertising[6]. Newspaper publishers like MNI have been particularly affected, as advertisers have chosen to take advantage of the cheaper prices and greater measurability offered by online advertising. In an effort to offset its declining print advertising revenues, McClatchy has acquired various online assets including Real Cities, the nation’s largest advertising network of local news websites; and 15% of CareerBuilder LLC, the country’s largest online job site[7]. The company also owns 25% of Classified Ventures LLC, a newspaper industry partnership offering classified websites like cars.com and apartments.com[8]. Online advertising has become one of the fastest growing sources of revenue for the company, (increasing by 291% in 2006 from $35 million to $102 million), but was still only 6.1% of total revenues in 2006[9].

(Read more at Wikinvest )

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