Adams Publishing Group To Acquire 13 Montana Newspapers (mediapost.com)

Results for the Third Quarter Ended October 28, 2017: •Comparable store sales decreased 6.6% as compared with the prior year period. •Selling, general and administrative ("SG&A") expense decreased $11.2 million, or 5.2%, as compared with the third quarter of fiscal 2016. •Net loss in the current year third quarter was $44.9 million, or $2.19 per share, compared with net loss of $31.6 million, or $1.58 per share, in the third quarter of fiscal 2016. Click Read More below for additional information.

Hearst UK recently announced that women’s lifestyle magazine Prima would increase its print edition from 12 to 13 issues a year, following a 68% surge in subscriptions this year. This week, we talk to Prima’s Editor Jo Checkley about what factors led to the decision to increase the frequency of the magazine, how their content has encouraged a community feel among their readers, and what lessons they’ll be taking from producing magazines in lockdown. Jo also outlines what she’s done to keep her magazines thriving during her career despite tough market conditions for women’s titles. In the news roundup the team discusses Future Plc’s resurgent fortunes and purchase of GoCompare, the UK government’s attempts to create a competition regime to tackle the ‘fundamental imbalance of power’ between platforms and publishers, and Spotify launching a Stories copy. Esther is a meerkat.

Financial Highlights: *Revenues increased by 14% to £185.1 million (2019/20: £162.8 million) *Profit before taxation and highlighted items4 grew by 22% to £19.2 million, up from £15.7 million in 2019/20 *Profit before taxation grew by 31% to £17.3 million (2019/20: £13.2 million) *Net cash of £54.5 million at 28 February 2021, up 74% (2020: £31.3 million) *Cash conversion of 142% (2019/20: 111%)