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Posts Tagged ‘ financial results ’

PRIMEDIA’s 3rd Quarter Results

October 30, 2003

Channel One’s parent company, PRIMEDIA, is in terrible shape. The company announced their third quarter results today and it was dismal. Last year’s third quarter showed a loss of one cent per share. This year, they lost 17 cents per share. This greatly exceeded what the experts had predicted. PRIMEDIA is one lousy company. It has never made...
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PRIMEDIA, the parent company of Channel One, announced record first quarter sales from continuing businesses of $328.5 million and record earnings of $63.1 (EBITDA)

April 23, 1998

“The Education segment’s record first quarter sales and EBITDA from continuing businesses largely reflect continued advertising strength at Channel One…,” said William Reilly, chairman and chief executive officer of PRIMEDIA. Channel One continues to convert taxpayer money to their private profit. Jim Metrock, Obligation president said, “Our students aren’t benefiting, our schools aren’t benefiting, and taxpayers aren’t benefiting, but Channel One is...
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