New Media Investment Group Inc. (NYSE:NEWM) is focused primarily
on investing in a high quality, diversified portfolio of local media
assets, and on growing our digital initiatives such as Propel Marketing,
a digital marketing services business.
Our print and online products focus on the local community, primarily
covering topics such as local news, politics, community and regional
events, youth sports, and local schools. As a result of our focus
on small and midsize markets, we are usually the primary or sole
provider of comprehensive and in-depth local market news and information
in the communities we serve.
85% of our daily newspapers have been published for more than 100
years and 100% have been published for more than 50 years. Our strategy
is to acquire and operate traditional local media businesses and
transform them from print-centric operations to dynamic multi-media
operations, through our existing online advertising and digital
New Media is externally managed and advised by an affiliate of Fortress Investment Group LLC, a global investment management firm.
Q1 2017 Earnings
Thursday, April 27, 2017
10:00 AM ET