New Media is a company focused primarily on investing in a high quality diversified portfolio of local media assets and growing digital initiatives for digital marketing services business. The Company's printed and online products specialize on the local community, covering topics such as local news, politics, community and regional events, youth sports and local schools.

TypePublic
HQNew York, US
Founded1997
Size (employees)11,096 (est)+6%
Websitenewmediainv.com
New Media Investment was founded in 1997 and is headquartered in New York, US
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Key People/Management at New Media Investment

Michael Reed

Michael Reed

CEO
Gregory Freiberg

Gregory Freiberg

CFO
Kirk Davis

Kirk Davis

COO
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New Media Investment Office Locations

New Media Investment has an office in New York
New York, US (HQ)
1345 6th Ave
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New Media Investment Financials and Metrics

New Media Investment Revenue

New Media Investment's revenue was reported to be $1.34 b in FY, 2017
USD

Revenue (Q3, 2018)

380.4m

Net income (Q3, 2018)

(5.9m)

EBIT (Q3, 2018)

2.6m

Market capitalization (17-Dec-2018)

727.2m

Closing stock price (17-Dec-2018)

12.1

Cash (30-Sep-2018)

56.7m

EV

1.1b
New Media Investment's current market capitalization is $727.2 m.
Annual
USDFY, 2016FY, 2017

Revenue

1.3b1.3b

Sales and marketing expense

684.9m684.0m

Operating expense total

699.3m742.8m

Depreciation and amortization

67.8m74.4m
Annual
USDFY, 2016FY, 2017

Cash

172.2m43.1m

Inventories

18.2m18.7m

Current Assets

370.3m263.2m

Goodwill

228.0m236.6m
Annual
USDFY, 2016FY, 2017

Net Income

31.6m(915.0k)

Depreciation and Amortization

67.8m74.4m

Inventories

(999.0k)1.1m

Accounts Payable

6.0m(4.0m)
USDY, 2018

EV/EBIT

419.5 x

EV/CFO

15 x

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x
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New Media Investment Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Business Publications

62 72 67 68 68 68

Daily Newspaper's Circulation

842 k1.70 m1.60 m1.70 m1.50 m1.50 m1.40 m1.40 m1.40 m2.40 m1.30 m

Monthly Page Views

119 m202 m219 m225 m226 m235 m232 m227 m224 m230 m258 m

Weekly Newspapers' Paid Circulation

297 k382 k386 k354 k321 k309 k321 k328 k315 k312 k329 k
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New Media Investment Company Life and Culture

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New Media Investment Frequently Asked Questions

  • When was New Media Investment founded?

    New Media Investment was founded in 1997.

  • Who are New Media Investment key executives?

    New Media Investment's key executives are Michael Reed, Gregory Freiberg and Kirk Davis.

  • How many employees does New Media Investment have?

    New Media Investment has 11,096 employees.

  • What is New Media Investment revenue?

    Latest New Media Investment annual revenue is $1.3 b.

  • What is New Media Investment revenue per employee?

    Latest New Media Investment revenue per employee is $120.9 k.

  • Who are New Media Investment competitors?

    Competitors of New Media Investment include NPR, CNN and Mic Network.

  • Where is New Media Investment headquarters?

    New Media Investment headquarters is located at 1345 6th Ave, New York.

  • Where are New Media Investment offices?

    New Media Investment has an office in New York.

  • How many offices does New Media Investment have?

    New Media Investment has 1 office.