
| The McClatchy Company
(NYSE: MNI) announced today that its second quarter earnings conference call
will be accessible live to the media and general public via Internet webcast
and through listen-only, dial-in conference lines. SACRAMENTO, CALIF., June 16, 2008 -- The McClatchy Company (NYSE:MNI) today announced a strategic partnership with Pacific Northwest publisher Pioneer Newspapers, Inc., to print McClatchy’s Idaho Statesman and The Bellingham Herald -- initiatives that will improve the quality of both newspapers while significantly reducing expenses. The McClatchy
Company (NYSE: MNI) announced today that it plans to reduce its workforce by
about 10% as the company accelerates efforts to manage through today's
difficult advertising market and position itself for future success in an
increasingly competitive environment. The McClatchy
Company (NYSE: MNI) today reported that consolidated revenues in May 2008
decreased 15.1% and advertising revenues were down 16.6% compared to revenues
in May 2007. The Company noted that the declines in print advertising were
partially offset by a 12.9% gain in online advertising revenues in May 2008
compared to May 2007. For the first five months of the year, total revenues
declined 14.2% and advertising revenues declined 15.4%. Online advertising
grew 11.9% in the first five months of 2008. The McClatchy
Company (NYSE: MNI) today named Stephen Bernard its new corporate vice
president for advertising. Bernard has been the top advertising executive at
The Sacramento Bee for the past 10 years. The McClatchy Company
(NYSE: MNI) today announced the purchase of $300 million aggregate principal
amount of debt securities pursuant to its previously announced tender offer,
which expired as of 5:00 P. M., New York City time, on May 21, 2008. The McClatchy Company
(NYSE: MNI) today reported that consolidated revenues in April 2008 decreased
14.6% and advertising revenues were down 14.8% compared to revenues in April
2007. The Company noted that the declines in print advertising were partially
offset by a 14.3% gain in online advertising revenues in April 2008 compared
to April 2007. For the first four months of the year, total revenues declined
14.0% and advertising revenues declined 15.2%. Online advertising grew 11.6%
in the first four months of 2008. The McClatchy Company
(NYSE: MNI) today declared a regular quarterly cash dividend of $.18 cents per
share. The second quarter dividend is payable July 1, 2008 to stockholders of
record at the close of business on June 11, 2008. The McClatchy Company
(NYSE: MNI) today announced that the preliminary results for its previously
announced tender offer for up to $250,000,000 aggregate principal amount of
its debt securities specified in the Offer to Purchase dated April 23, 2008
(the "Offer to Purchase") and amendments to the terms of such tender offer.
The amendments to the tender offer increase the Aggregate Maximum Tender
Amount (as defined in the Offer to Purchase) of the debt securities subject to
the tender offer from $250,000,000 to $300,000,000 and the Maximum Tender
Amount (as defined in the Offer to Purchase) applicable to the 7.125% Notes
due June 1, 2011(CUSIP 499040AM5) subject to the tender offer from
$100,000,000 to $130,000,000. All other terms and conditions of the tender
offer remain unchanged. The full terms and conditions of the tender offer are
set forth in the Offer to Purchase and related Letter of Transmittal, as
amended by this press release. The McClatchy
Company (NYSE: MNI) announced today that it has commenced an offer to purchase
for cash (the "Offer") up to $250 million of its outstanding notes and
debentures. The terms and conditions of the Offer are set forth in the Offer
to Purchase dated April 23, 2008 (the "Offer to Purchase") and the related
Letter of Transmittal (the "Letter of Transmittal"). The following table sets
forth the securities that are subject to the Offer and certain other terms of
the Offer: The McClatchy
Company (NYSE: MNI) today reported a net loss from continuing operations in
the first quarter of 2008 of $993,000, or one cent per share. Adjusted for
two items, (1) earnings from continuing operations were $1.6 million or two
cents in the first quarter of 2008. Total net loss, including discontinued
operations, was $849,000 or one cent per share. The McClatchy
Company (NYSE: MNI) announced today that its first quarter earnings conference
call will be accessible live to the media and general public via Internet
webcast and through listen-only, dial-in conference lines. Janis Heaphy,
president and publisher of The Sacramento Bee for the past 10 years, has
announced her retirement and will be replaced in that post by Cheryl Dell,
president and publisher of The News Tribune in Tacoma, Wash., The McClatchy
Company (NYSE: MNI) has announced. The change is effective April 14. The McClatchy
Company (NYSE: MNI) today reported that consolidated revenues in February 2008
decreased 11.7% and advertising revenues were down 13.3% compared to revenues
in February 2007. Journalists from The
McClatchy Company (NYSE: MNI) today won three National Journalism Awards from
the Scripps Howard Foundation, which cited them for excellence in Washington
reporting, human interest writing and commentary. The McClatchy
Company (NYSE: MNI) today named Mark Zieman president and publisher of The
Kansas City Star. The McClatchy
Company (NYSE: MNI) today reported that it filed its Annual Report on Form
10-K for the year ended December 30, 2007 (the Report) with the Securities and
Exchange Commission (SEC), which includes its final fourth quarter and full
year 2007 results. The company's fourth quarter 2007 after-tax loss from
continuing operations was $1.43 billion, or $17.42 per share including the
effect of non-cash after-tax impairment charges related to goodwill and
newspaper mastheads of $1.47 billion, or $17.86 per share. The company's
total net loss, including the results of discontinued operations, was $1.43
billion, or $17.46 per share. The McClatchy
Company (NYSE: MNI) today reported that consolidated revenues in January 2008
decreased 14.4% and advertising revenues were down 15.7% compared to revenues
in January 2007. The McClatchy Company
(NYSE: MNI) today reported preliminary income from continuing operations in
the fourth quarter of 2007 of $33.2 million, or 40 cents per share compared to
fourth quarter 2006 income from continuing operations of $76.9 million, or
94 cents per share. The company's preliminary 2007 fourth quarter results
include income tax expense of $7.5 million, or nine cents per share, related
to changes in prior period estimates. Total preliminary net income in the
2007 fourth quarter was $30.1 million or 37 cents per share. Preliminary
results do not include an anticipated non-cash charge for impairment of
goodwill and long-lived assets discussed below. SACRAMENTO, Calif., Feb. 5, 2008 -- The McClatchy Washington Bureau won two McClatchy President’s Awards for work in the second half of 2007, and seven of the company’s newspapers also were honored with prizes announced this week in Sacramento. The McClatchy
Company (NYSE: MNI) today named George McCanless as president and publisher of
The Telegraph in Macon, Ga. The McClatchy
Company (NYSE: MNI) announced today that its fourth quarter earnings
conference call will be accessible live to the media and general public via
Internet webcast and through listen-only, dial-in conference lines. The McClatchy
Company (NYSE: MNI) today declared a regular quarterly cash dividend of
$.18 cents per share. The first quarter dividend is payable April 1, 2008 to
stockholders of record at the close of business on March 12, 2008. The Real Cities Network
further deepened its penetration in the Philadelphia and Pittsburgh markets
with the addition of three Calkins Media sites, it was announced today. A
corporate partnership between the two companies brings PhillyBurbs.com,
TimesOnline.com and HeraldStandard.com into the network. SACRAMENTO, Calif., Jan. 18 -- The McClatchy Company (NYSE: MNI) today reported that it has entered into an agreement, along with the other general partners of SP Newsprint Co. ("SP"), to sell the partnership interests of SP to certain affiliates of White Birch Paper Company for $350 million in cash. McClatchy is an equal one-third partner in SP along with affiliates of Cox Enterprises, Inc. and Media General, Inc. The acquisition is expected to close during the first four months of 2008, subject to regulatory approval. The McClatchy Company
(NYSE: MNI) today announced that Jennifer Brumgardt, vice president, finance,
at The Fresno Bee, will become director of McClatchy's internal audit
department effective Feb. 11. She replaces Hai Nguyen, who has been promoted
to controller. The McClatchy
Company (NYSE: MNI) today named Pamela J. (P.J.) Browning as president and
publisher of The Sun News in Myrtle Beach, S.C. The McClatchy
Company (NYSE: MNI) today reported that both consolidated advertising and
total revenues in November 2007 decreased 9.2%. Year-to-date advertising
revenues declined 8.6% and total revenues were down 7.9% on a pro forma
basis -- that is including the addition of newspapers purchased in the Knight
Ridder acquisition on June 27, 2006 and excluding the Minneapolis Star Tribune
newspaper which was sold on March 5, 2007. The McClatchy
Company (NYSE: MNI) today named veteran newspaper executive J. Patrick Doyle
as president and publisher of the Anchorage Daily News, where he will replace
retiring publisher Mike Sexton. Doyle is currently president and publisher of
The Palladium-Item of Richmond, Ind., owned by the Gannett Co., Inc. The McClatchy Company
(NYSE: MNI) will give an update of the company's business trends and
strategies at 11:00 am Eastern today at the UBS 35th Annual Global
Media & Communications Conference at the Grand Hyatt New York, in New York
city. The McClatchy
Company (NYSE: MNI) today announced that Hai Nguyen, the company's internal
audit director, will become the controller effective Feb. 29, 2008. He is
replacing Larry Edgar, who announced plans in September to become managing
partner of Edgar & Associates, a family-owned business. A search for
Nguyen's successor as internal audit director will begin immediately. The McClatchy
Company (NYSE: MNI) today declared a regular quarterly cash dividend of
18 cents per share. The fourth quarter dividend is payable January 2, 2008 to
stockholders of record at the close of business on December 12, 2007. SACRAMENTO, Calif., Nov. 28, 2007 -- Six newspapers have been awarded 2007 McClatchy President's Awards in the community newspaper division, an annual competition designed to recognize the best journalism among the company’s non-daily newspapers. Each first-place winner receives $1,000, and the winning publication receives a crystal trophy. Second-place winners receive $500. SACRAMENTO, Calif., Nov. 20 -- The McClatchy
Company (NYSE: MNI) today reported that both consolidated advertising and
total revenues in October 2007 decreased 9.9%. Year-to-date advertising
revenues declined 8.5% and total revenues were down 7.8% on a pro forma
basis -- that is including the addition of newspapers purchased in the
Knight Ridder acquisition on June 27, 2006 and excluding the Minneapolis
Star Tribune newspaper which was sold on March 5, 2007. SACRAMENTO, Calif., Nov. 8 -- The McClatchy Company (NYSE: MNI) today reported that it filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 (the Report) with the Securities Exchange Commission (SEC), which includes its final third
quarter 2007 results. The company's third quarter 2007 after-tax loss from
continuing operations was $1.35 billion, or $16.40 per share including the
effect of non-cash after-tax impairment charges primarily related to
goodwill and newspaper mastheads of $1.37 billion, or $16.68 per share.
Earnings before the charges were unchanged from the $23.5 million, or 29
cents per share, previously reported on October 16, 2007. SACRAMENTO, Calif., Nov. 7 - The McClatchy Company (NYSE: MNI) today named three new publishers at its newspapers in Wichita, Kan., Columbus, Ga., and Rock Hill, S.C. SACRAMENTO, Calif., Nov. 5 - Wesley R. Turner, president and publisher of the Fort Worth Star-Telegram in Texas for the past 10 years, has announced his retirement at the end of the year. RALEIGH, N.C., Oct. 22 - The Real Cities Network (http://www.realcities.com) announced today the addition of award-winning SpokesmanReview.com to its rapidly growing network of local news websites. With the addition of SpokesmanReview.com, the Real Cities Network continues to build on its local penetration in the Inland Northwest, specifically in the greater Spokane, Wash., region. SACRAMENTO, Calif., Oct. 16 - The McClatchy Company (NYSE: MNI) noted that the depreciation and amortization expense reported in its pro forma operating income for the nine months ended September 24, 2006 was reported as $117.1 million and should have been reported as $110.7 million. Revised schedules reconciling the pro forma amounts to GAAP -- reported amounts are attached to this release and are posted on our website at http://www.mcclatchy.com. Expects to Record Non-Cash Impairment Charge to GAAP Earnings SACRAMENTO, Calif., Oct. 16 - The McClatchy Company (NYSE: MNI) today reported preliminary earnings from continuing operations in the third quarter of 2007 of $23.5 million, or 29 cents per share. Preliminary earnings do not include an anticipated non-cash charge to GAAP earnings for impairment of goodwill and long-lived assets discussed below, but do include a three cent per share charge related to certain tax positions taken by the company for which it has established reserves. SACRAMENTO, Calif., Sept. 24 - The McClatchy Company (NYSE: MNI) announced today that its third quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines. SACRAMENTO, Calif., Sept. 19 - The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in August 2007 decreased 9.2% and total revenues were down 8.4%. Year-to-date advertising revenues declined 8.0% and total revenues were down 7.1% on a pro forma basis (including the addition of newspapers purchased in the Knight Ridder acquisition and excluding the Minneapolis Star Tribune newspaper in the first six months of 2006). SACRAMENTO, Calif., Sept. 14 - The McClatchy Company (NYSE: MNI) today announced that Larry Edgar, controller, has resigned effective February 29, 2008 to become managing partner of Edgar & Associates, a family-owned business that provides tax and accounting services. A search for Mr. Edgar's replacement will begin immediately. RALEIGH, N.C., Sept. 4 -- The Real Cities Network (http://www.realcities.com), the nation's largest network of local news websites, has expanded its network with the addition of 51 websites owned and operated by MediaNews Group (http://www.medianewsgroup.com), the fourth-largest newspaper company in the United States. MediaNews Group operates 82 local newspaper websites nationwide, and these latest additions complement the 31 MediaNews Group websites already in the Real Cities Network. SACRAMENTO, Calif., Sept. 4 - The McClatchy Company (NYSE: MNI) today reported that it has resolved outstanding issues related to its affiliate agreement with CareerBuilder and will continue in its 14.4% ownership stake in the nation's largest online job site. SACRAMENTO, Calif., Aug. 20 - The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in July 2007 decreased 9.4% and total revenues were down 8.6%. Year-to-date advertising revenues declined 7.9% and total revenues were down 7.0% on a pro forma basis (including the addition of newspapers purchased in the Knight Ridder acquisition and excluding the Minneapolis Star Tribune newspaper in the first six months of 2006). SACRAMENTO, Calif., Aug. 10 - The McClatchy Company (NYSE: MNI) today reported that it filed its Quarterly Report on Form 10-Q for the quarter ended July 1, 2007 (the Report) with the Securities Exchange Commission. In the company's Report, earnings for the second quarter of 2007 include the effect of an after-tax non-cash loss of $4.7 million, or six cents per share, related to the settlement of litigation and amendment to a Joint Operating Agreement expected to be paid by the Seattle Times Company (STC) in which McClatchy is a 49.5% owner. The resolution of the accounting treatment for this settlement was concluded subsequent to the company's preliminary earnings announcement on July 19, 2007. SACRAMENTO, Calif., Aug. 8, 2007 -- The Anchorage Daily News won two McClatchy President’s Awards for work in the first half of 2007, and seven other entries were honored with prizes announced this week in Sacramento. RALEIGH, N.C., July 25 -- Advertisers now have an easier way to reach the desirable demographic of newspaper website readers locally, regionally and nationally through one-order, one-bill and one-cost-per-thousand impressions. SACRAMENTO, Calif., July 19 /PRNewswire-FirstCall/ -- The McClatchy
Company (NYSE: MNI) today reported second quarter 2007 earnings from
continuing operations of $39.2 million, or 48 cents per share, subject to
final resolution of the accounting treatment of The Seattle Times
settlement discussed below. Earnings from continuing operations in the
second quarter of 2006 were $32.2 million, or 69 cents per share. The
company's total net income for the 2007 quarter was $40.0 million, or 49
cents per share, compared to total net income of $44.1 million, or 94 cents
per share, in the 2006 second quarter. Discontinued operations reflect the
results of the (Minneapolis) Star Tribune newspaper which was sold on March
5, 2007. As a result of the acquisition of Knight Ridder on June 27, 2006
(the "Acquisition"), the company issued 35.0 million Class A shares which
negatively impacted earnings per share for the 2007 quarter. SACRAMENTO, Calif., July 18 - The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of 18 cents per share. The third quarter dividend is payable October 1, 2007 to stockholders of record at the close of business on September 12, 2007. SACRAMENTO, Calif., July 2 - The McClatchy Company (NYSE: MNI) announced today that its second quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines. SACRAMENTO, Calif., June 20 - The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in May 2007 decreased 11.5% and total revenues were down 10.4% compared to pro forma revenues for May 2006 (including the addition of newspapers purchased in the Knight Ridder acquisition and excluding the Minneapolis Star Tribune newspaper). Year-to-date advertising revenues declined 7.1% and total revenues were down 6.2% on a pro forma basis. SACRAMENTO, Calif., June 6 - The McClatchy Company (NYSE: MNI) said today that on Wednesday, June 20, 2007, management will provide an update on its business and strategies at the Mid-Year Media Review, an analyst forum which includes various media companies around the nation. The conference is sponsored by the Newspaper Association of America and will be held at the McGraw-Hill Building in New York City. McClatchy's presentation will begin at 10:00 A.M. Eastern time and will be available to the media and general public via live Internet webcast. SACRAMENTO, Calif., May 21 /PRNewswire-FirstCall/ -- The McClatchy
Company (NYSE: MNI) today reported that consolidated advertising revenues
in April 2007 decreased 7.6% and total revenues were down 5.5% compared to
pro forma revenues (including the addition of newspapers purchased in the
Knight Ridder acquisition and excluding the Minneapolis Star Tribune
newspaper). Year-to-date advertising revenues declined 6.0% and total
revenues were down 5.1% on a pro forma basis. SACRAMENTO, Calif., May 16 - The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of 18 cents per share. The second quarter dividend is payable July 2, 2007 to stockholders of record at the close of business on June 13, 2007. SACRAMENTO, Calif., April 24 /PRNewswire-FirstCall/ -- The McClatchy
Company (NYSE: MNI) today reported first quarter 2007 earnings from
continuing operations of $14.5 million, or 18 cents per share, compared to
earnings from continuing operations of $21.8 million, or 46 cents per
share, in the first quarter of 2006. A loss from discontinued operations of
$5.5 million, or 7 cents per share, reflects the results of the
(Minneapolis) Star Tribune newspaper which was sold on March 5, 2007. The
company's total net income for the 2007 quarter was $9.0 million, or 11
cents per share, compared to total net income of $27.7 million, or 59 cents
per share, in the 2006 first quarter. As a result of the acquisition of
Knight Ridder on June 27, 2006 (the "Acquisition"), the company issued 35.0
million Class A shares which negatively impacted earnings per share for the
2007 quarter. SUNNYVALE, CA, April, 16, 2007 -- Yahoo! Inc (Nasdaq: YHOO) and a group of 12 leading U.S. newspaper companies today announced a definitive agreement that expands a growing partnership combining the newspapers’ unmatched local news and advertising reach with the leading technologies and audience of Yahoo!, the leading global Internet brand and one of the most trafficked Internet destinations worldwide. SACRAMENTO, Calif., April 2 - The McClatchy Company (NYSE: MNI) announced today that its first quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines. WASHINGTON, March 28 -- Yahoo! News and The McClatchy Company (NYSE: MNI) announced today that they will team up to offer international news coverage from a range of international geographic regions on Yahoo! News. The project, to be called "Trusted Voices," will offer in- depth perspectives and coverage from McClatchy foreign correspondents based in select regions, including Iraq, the Middle East, China and Latin America. The coverage will include traditional news stories from McClatchy newspapers and will further tap the regional expertise of the correspondents through exclusive blog reports designed to guide readers in understanding the news from these regions. SACRAMENTO, Calif., March 20 - The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in February 2007 decreased 5.2% and total revenues were down 5.1% compared to pro forma revenues (including the addition of newspapers purchased in the Knight Ridder acquisition and excluding the Minneapolis Star Tribune newspaper). Year-to-date advertising revenues declined 5.5% and total revenues were down 5.2% on a pro forma basis. SACRAMENTO, Calif., March 5 - The McClatchy Company (NYSE: MNI) of Sacramento, CA announced that it has successfully completed the previously announced sale of the Star Tribune newspaper of Minneapolis, MN to Avista Capital Partners for $530 million. In addition, McClatchy expects a future cash tax benefit equal to approximately $160 million related to the sale. The purchase covers the newspaper as well as other publications and websites related to the newspaper. SACRAMENTO, Calif., March 1 -- The McClatchy Company (NYSE: MNI) today reported that it filed its Annual Report on Form 10-K for the year ended December 31, 2006 (the "Report") with the Securities & Exchange Commission. In the company's Report, earnings for full year 2006 were revised to increase income from continuing operations and loss from discontinued operations compared to the amounts included in the company's February 6, 2007 earnings release. No change was made to net loss for 2006. RALEIGH, N.C., Feb. 23 - Today, the Real Cities Network (http://www.realcities.com) announced the addition of two new sites to its fast-growing national advertising network of local newspaper websites: http://www.statesman.com and http://www.austin360.com in Austin, Texas. Nielsen/NetRatings custom research for January 2007 shows that Real Cities reaches more than 31 million monthly unique visitors representing 20 percent of the active internet population. SACRAMENTO, Calif., Feb. 23/PR Newswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in January 2007 decreased 5.8% and total revenues were down 5.2% compared to pro forma revenues (including the addition of newspapers purchased in the Knight Ridder acquisition and excluding the Minneapolis Star Tribune newspaper). SACRAMENTO, Calif., Feb. 13 -- A total of 15 McClatchy President's Awards have been given to journalists at 13 of the company's news organizations. The awards recognize outstanding work from the second half of 2006. Three different newsrooms captured two prizes each in the contest, with overall winners spanning from Anchorage to Miami. SACRAMENTO, Calif., Feb. 6 /PRNewswire-FirstCall/ -- The McClatchy
Company (NYSE: MNI) today reported fourth quarter 2006 income from
continuing operations of $75.5 million, or 92 cents per share. A loss from
discontinued operations of $354.8 million, or $4.33 per share was recorded
in the quarter relating to the results of the Star Tribune newspaper which
the company is selling (see discussion below). The loss from discontinued
operations includes a $363.0 million after tax write-down of the net assets
of the Star Tribune to the agreed-upon selling price. The company's total
net loss for the 2006 quarter was $279.3 million, or $3.41 per share,
including discontinued operations. SACRAMENTO, Calif., Jan. 29 - The McClatchy Company (NYSE: MNI) announced today that its fourth quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines. SACRAMENTO, Calif., Jan. 23 - The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of 18 cents per share. The first quarter dividend is payable April 2, 2007 to stockholders of record at the close of business on March 14, 2007. SACRAMENTO, Calif. and NEW YORK -- The McClatchy Company (NYSE: MNI) today announced that it has reached a definitive agreement to sell the Star Tribune newspaper of Minneapolis, MN to Avista Capital Partners for $530 million. In addition, McClatchy expects a future cash tax benefit equal to approximately $160 million related to the sale. The purchase covers the newspaper as well as other publications and websites related to the newspaper. The transaction is expected to close in the first quarter of 2007. SACRAMENTO, Calif., Dec. 22 -- Nine newspapers have been awarded 2006 McClatchy President's Awards in the community newspaper division, a competition designed to recognize the best among the company's nondaily newspapers. Each first-place winner receives $1,000, and the winning publication receives a crystal trophy; second-place winners receive $500. SACRAMENTO, Calif., Dec. 6 /PRNewswire-FirstCall/ -- The McClatchy
Company (NYSE: MNI) today reported that consolidated advertising revenues
in November 2006 decreased 4.7% and total revenues declined 4.3% compared
to pro forma revenues (including the addition of the 20 newspapers
purchased and retained in the Knight Ridder acquisition). Year-to-date pro
forma advertising revenues were up 0.1% and total pro forma revenues were
down 0.6%. SACRAMENTO, Calif., Nov. 29 - The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of 18 cents per share. The fourth quarter dividend is payable January 2, 2007 to stockholders of record at the close of business on December 15, 2006. SACRAMENTO, Calif., Nov. 28 - The McClatchy Company (NYSE: MNI) said today that management will provide an update on its business, strategies and management's outlook next week at the CSFB Global Media Conference at the Crowne Plaza Times Square Hotel in New York City on December 6, 2006, at 9:40 AM Eastern time. The presentation will be available to the media and general public via live internet webcast. The webcast of McClatchy's presentation will be accessible at http://www.mcclatchy.com and at http://www.csfb.com on December 6. An archive of McClatchy's presentation will continue to be available at McClatchy's website following the conference. SACRAMENTO, Calif., Nov. 15 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in October 2006 decreased 2.1% and total revenues were down 2.2% compared to pro forma revenues (including the addition of newspapers purchased in the Knight Ridder acquisition). Year-to-date pro forma advertising revenues grew 0.6% and total pro forma revenues were down 0.2%. SAN JOSE, Calif. – Today, the Real Cities Network (www.realcities.com) announced the addition of four new affiliates to its national advertising network of local newspaper websites: www.VenturaCountyStar.com in Ventura, Calif.; www.espasotimes.com in El Paso, Texas; www.in-forum.com in Fargo, N.D.; and www.roanoke.com in Roanoke, Va. According to Nielsen//NetRatings custom research for August 2006, Real Cities now reaches more than 31.4 million monthly unique visitors,* representing 20 percent of the active internet population. SACRAMENTO, Calif., Oct. 17 /PRNewswire-FirstCall/ -- The McClatchy
Company (NYSE: MNI) today reported third quarter 2006 earnings of $51.8
million, or 64 cents per share, including a loss from discontinued
operations of $8.9 million, or 11 cents per share. SACRAMENTO, Calif., Oct. 3 - The McClatchy Company (NYSE: MNI) announced today that Jesus Diaz Jr. has resigned as president of The Miami Herald Media Company to seek opportunities outside the newspaper industry. MHMC's general manager, David Landsberg has been named to the post. SACRAMENTO, Calif., Sept. 14 /PRNewswire-FirstCall/ -- The McClatchy
Company (NYSE: MNI) today reported that consolidated advertising revenues
in August 2006 decreased 0.3% and total revenues were down 1.1% compared to
pro forma revenues (including the addition of newspapers purchased in the
Knight Ridder acquisition). Year-to-date pro forma advertising revenues
grew 1.3% and total pro forma revenues were up 0.3%. SACRAMENTO, Calif., Sept. 12 - The McClatchy Company (NYSE: MNI) announced today that its third quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines. SACRAMENTO, Calif., Aug. 17 /PRNewswire-FirstCall/ -- The McClatchy
Company (NYSE: MNI) today reported that consolidated advertising revenues
in July 2006 were flat with July 2005 and total revenues were down 1.3%
compared to pro forma revenues (including the addition of newspapers
purchased in the Knight Ridder acquisition). Year-to-date pro forma
advertising revenues grew 1.5% and total pro forma revenues were up 0.4%. SACRAMENTO, Calif., Aug. 2, 2006 – McClatchy President’s Awards for excellence have gone to eight different organizations in recognition of superior work in the first half of 2006. SACRAMENTO, Calif., Aug. 2 - The McClatchy Company (NYSE: MNI) announced that it has successfully completed the transaction with MediaNews Group, Inc. (MediaNews) and Hearst Corporation (Hearst) under which the companies will pay McClatchy $1.0 billion in cash to acquire four newspapers. As part of this transaction, MediaNews has acquired the San Jose Mercury News and Contra Costa Times, and Hearst has acquired the Monterey (CA) Herald and the St. Paul Pioneer Press in St. Paul, Minnesota. SACRAMENTO, Calif., Aug. 2 - The McClatchy Company (NYSE: MNI) confirmed today that it has now completed its divestiture plan with the closing of sales of all 12 former Knight Ridder newspapers it identified for divestiture at the time of the announcement of the Knight Ridder acquisition. In all, McClatchy received $2.078 billion from the sales of the papers, which represents a multiple of 11 times their trailing 12-month cash flows. SACRAMENTO, Calif., Aug. 1 - The McClatchy Company (NYSE: MNI) announced that it has successfully completed the previously announced sale of the Akron Beacon Journal to Sound Publishing Holdings, Inc., a wholly-owned subsidiary of Black Press Ltd. The purchase covers the Akron Beacon Journal and certain publications and web sites related to the newspaper. McLEAN, Va., SACRAMENTO, Calif., and CHICAGO, Aug. 1 - Gannett Co., Inc. (NYSE: GCI), The McClatchy Company (NYSE: MNI), and Tribune Company (NYSE: TRB), today announced an agreement concerning their ownership stakes in CareerBuilder.com, the nation's largest online classified recruitment site, and two other online businesses, ShopLocal.com and Topix.net. SACRAMENTO, Calif., July 28 - A U.S. District Court judge in San Francisco today denied a request for a temporary restraining order (TRO) to block The McClatchy Company's proposed sale of the San Jose Mercury News and Contra Costa Times to MediaNews Group, Inc. (MediaNews) and the Monterey (CA) Herald and the St. Paul Pioneer Press to The Hearst Corporation (Hearst). The TRO had been requested by the plaintiff to delay the closure of the sale in connection with a lawsuit filed against MediaNews, Hearst, Stephens Group Inc., Gannett Co. Inc. and California Newspapers Partnership. SACRAMENTO, Calif., July 28 - The McClatchy Company (NYSE: MNI) announced that it has successfully completed the previously announced sale of the Times Leader of Wilkes-Barre, Pa., to The Wilkes-Barre Publishing Company Inc. SACRAMENTO, Calif., July 24 - The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of 18 cents per share. The third quarter dividend is payable October 2, 2006 to stockholders of record at the close of business on September 13, 2006. SACRAMENTO, Calif., July 13 - The McClatchy Company (NYSE: MNI) today reported second quarter 2006 earnings of $44.1 million, or 94 cents per share, compared to earnings of $44.2 million, or 94 cents per share, in the second quarter of 2005. SACRAMENTO, Calif., July 10 - The McClatchy Company (NYSE: MNI) today named Mi-Ai Parrish publisher of The Idaho Statesman newspaper in Boise. SACRAMENTO, Calif. -- The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of $.12 per share, an increase of 9% over the second quarter 2003 dividend. The dividend is payable July 1, 2004 to stockholders of record at the close of business on June 16, 2004. SACRAMENTO, Calif. -- The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in November 2005 increased 1.6% and total revenues increased 0.7%. CHICAGO, June 29 - The McClatchy Company and Tribune Media Services, a subsidiary of Tribune Company, today announced a change in the name of the Knight Ridder/Tribune Information Services (KRT). Effective immediately, the entity will be known as the McClatchy-Tribune Information Services. SACRAMENTO, Calif., June 29 - The McClatchy Company (NYSE: MNI) of Sacramento, CA announced that it has successfully completed the previously announced sale of Philadelphia Newspapers, Inc. (PNI) to Philadelphia Media Holdings LLC (PMH) in a transaction valued at $562 million. The purchase covers the Philadelphia Inquirer and Philadelphia Daily News, both daily newspapers, and related media assets including philly.com. As anticipated, the transaction closed within the same time frame as the close of McClatchy's Knight Ridder acquisition, which was completed on Tuesday, June 27. SACRAMENTO, Calif., June 28 - The McClatchy Company (NYSE: MNI) today named William H. Fleet publisher and president of The Bradenton Herald in Florida. SACRAMENTO, Calif., June 27 - The McClatchy Company (NYSE: MNI) of Sacramento, CA announced that it has successfully completed its acquisition of Knight-Ridder, Inc. (NYSE: KRI) of San Jose, CA, following yesterday's approval of the transaction by Knight Ridder's shareholders and receipt of all regulatory approvals. As a result of the acquisition, Knight Ridder common stock will no longer be traded, and shares of Knight Ridder common stock were converted into the right to receive $40.00 in cash and a fixed fraction of .5118 of a Class A McClatchy share. McClatchy will issue approximately 34.9 million new Class A shares to previous Knight Ridder shareholders. SACRAMENTO, Calif. and VICTORIA, British Columbia, June 7 - The McClatchy Company (NYSE: MNI) today announced a definitive agreement to sell the Akron Beacon Journal to Sound Publishing Holdings, Inc. Appoints Tony Ridder and Dr. Kathleen Feldstein to Board SACRAMENTO, Calif. and SAN JOSE, Calif., June 26 - The McClatchy Company (NYSE: MNI) of Sacramento, CA announced that it expects to complete its acquisition of Knight-Ridder, Inc. (NYSE: KRI) of San Jose, CA, on Tuesday, June 27, following today's approval of the transaction by Knight Ridder's shareholders. McClatchy will then become the nation's second- largest newspaper company measured by daily circulation, publishing 32 daily newspapers with a combined circulation of 3.3 million. |
