initial public offerings (IPOs) trading on American exchanges

Friday, February 28, 2014

New Media Investment Group (NEWM) began trading on the NYSE on 4 February 2014

New Media Investment Group Inc. publishes print and digital media in the United States. The company's core products include 86 daily newspapers with total paid circulation of approximately 771,000; 252 weekly newspapers with total paid circulation of approximately 324,000 and total free circulation of approximately 704,000; 97 shoppers with total circulation of approximately 1.9 million; 353 locally focused Websites and 329 mobile sites with approximately 96 million page views per month; and 6 yellow page directories, with a distribution of approximately 488,000, that cover a population of approximately 1.2 million people. It also produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. In addition, the company offers advertising services small businesses, corporations, government agencies, and individuals. Its print and online products provide local market news and information that covers various topics, such as local news and politics, community and regional events, youth sports, opinion and editorial pages, and local schools. New Media Investment Group serves approximately 128,000 business advertising accounts; and reaches approximately 10 million people on a weekly basis.
The company was founded in 1997 and is based in New York, New York. New Media Investment Group Inc. (NYSE:NEWM) operates independently of Newcastle Investment Corp. as of February 13, 2014.

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