| Market Capitalization (Millions $) |
106 |
| Shares
Outstanding (Millions) |
16 |
| Employees |
20 |
| Revenues (TTM) (Millions $) |
35 |
| Net Income (TTM) (Millions $) |
2 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Journal Media Group, Inc. was a newspaper publishing company headquartered in Milwaukee, Wisconsin. It was formed in 2015 as a result of a merger between the E.W. Scripps Company and the Journal Communications. The company owned several newspapers across the United States, including the Milwaukee Journal Sentinel, The Commercial Appeal in Memphis, and the Naples Daily News in Florida.
The primary focus of Journal Media Group was on providing local news and information to communities through its newspapers and digital platforms. The company aimed to deliver high-quality journalism, investigative reporting, and engaging content to its readers.
However, Journal Media Group faced financial challenges in the declining newspaper industry. In April 2016, Gannett Company, Inc., the publisher of USA Today, acquired Journal Media Group, and the company ceased to exist as a separate entity. The acquisition allowed Gannett to expand its reach and strengthen its position in the newspaper market.
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