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Virginia Business wins three national journalism awards
Virginia Business won three national journalism awards Monday during The Alliance of Area Business Publishers’ (AABP) 2023 Editorial Excellence Awards ceremony, held in Detroit. Virginia Business Deputy Editor Kate Andrews placed gold in the Best Coverage of Local Breaking News category for medium-size business publications for her coverage of the Nov. 22, 2022, workplace shooting […]
$5.4B Tegna sale is terminated
The deadline has expired on hedge fund Standard General LP’s $5.4 billion bid to acquire Tysons-based publicly traded broadcasting giant Tegna Inc. The largest owner of NBC affiliates, Tegna has 64 television stations in 51 U.S. markets and reaches 39% of all television households nationwide. The stalled agreement was terminated after the acquisition‘s deadline expired […]
Virginia Business wins 18 Va. Press Association awards
Virginia Business won 18 awards in the Virginia Press Association’s 2022 News & Advertising Contest, taking a Best in Show prize for illustration and sweeping the News Writing Portfolio category, the state organization announced Saturday. The annual contest recognizes excellence in design, writing, photography, illustrations and advertising in participating publications across Virginia f[...]
Graham to be chair emeritus of Graham Holdings
Donald E. Graham, majority owner of Arlington County-based Graham Holdings Co. and former publisher of The Washington Post, announced Thursday he would step down as chairman of Graham Holdings, although he plans to remain on the board as chair emeritus starting in May. Longtime board member Anne Mulcahy, former chair and CEO of Xerox Corp., […]
Axios to be sold to Cox Enterprises for $525M
Axios Media Inc., the Arlington-based digital media company and news outlet, announced Monday it will be sold to investor Cox Enterprises Inc. for $525 million in a deal reached Sunday. The company is expected to reach $100 million in revenue this year, it says. According to Axios, its three co-founders — CEO Jim VandeHei, President […]
Virginia Business wins national awards for writing, design
Virginia Business won two national journalism awards Saturday during The Alliance of Area Business Publishers’ (AABP) 2022 Editorial Excellence Awards ceremony, held in Columbus, Ohio. Former Virginia Business Deputy Editor Rich Griset placed silver in the Best Body of Work, Single Writer category for feature articles including his May 2021 cover story profile of MicroStrategy […]
Gannett restructuring into two units
McLean-based Gannett Co. Inc. is restructuring to create two new U.S. business units, the nation’s largest newspaper publisher announced last week. The units will be Gannett Media and Digital Marketing Solutions (DMS). Maribel Perez Wadsworth, based in McLean, will lead Gannett Media, while Kris Barton, based in the Los Angeles area, will lead DMS. “This […]
The Royals of Regent
Although Lynchburg’s Liberty University has grabbed plenty of headlines in recent years, Virginia Beach-based Regent University can more than hold its own as a politically influential private Christian institution. Founded and still run by the 92-year-old televangelist and culture warrior M.G. “Pat” Robertson, Regent now has 11,000 students, 80% of whom are enrolled online. The […[...]
Comcast taps Comscore’s measurement tools
Comcast Cable’s ad sales arm will begin offering Reston-based Comscore Inc. media measurement and analytics tools as an alternative to the Nielsen ratings system, Comscore announced this week. Effectv, which sells ads in 66 markets for Comcast Cable, will use Comscore’s impression-based measurement product with its local advertising clients. The cable company has nearly 35 […]
Roanoke Times union, Lee settle on new contract
The Roanoke Times newsroom union said Tuesday it has agreed on a new two-year contract with owner Lee Enterprises, following a brief picket line last week. Members of the Timesland News Guild, which represents 30 employees of The Roanoke Times and Laker Weekly, will receive 2% annual raises, and minimum full-time pay will rise about […]
Roanoke Times union pickets over wages, mileage
The Roanoke Times’ newsroom union staged its first-ever picket line briefly Monday as a message to the newspaper’s owners, Lee Enterprises, which the union says won’t budge on requested salary and mileage reimbursement increases. Alison Graham, vice chair of the Timesland News Guild and a staff writer at The Roanoke Times, said earlier Monday that […]
Tegna to sell for $5.4B to hedge fund
Tysons-based broadcast and digital media giant Tegna Inc. will be acquired in a $5.4 billion cash deal by an affiliate of Standard General, the company announced Tuesday morning. New York hedge fund Standard General, one of Tegna’s largest shareholders, and New York-based private equity firm Apollo Global Management will buy Tegna for $24 per share […]
