New Media Invest

NEWM NYSE
8.38
-0.03
-0.36%
Opening 09:54 08/23 EDT
Open
8.32
Prev Close
8.41
High
8.41
Low
8.21
Volume
35.87K
Avg Vol (3M)
1.35M
52 Week High
16.25
52 Week Low
7.08
% Turnover
0.06%
Market Cap
506.84M
1D
5D
1M
3M
1Y
5Y

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Company Profile

New Media Investment Group Inc. is a holding company. The Company owns, operates and invests in local media assets. The Company's segments include Eastern US Publishing, Central US Publishing, Western US Publishing and BridgeTower. It focuses on owning and acquiring local media assets in small to mid-size markets. It is a publisher of local newspapers and related publications. As of July 1, 2018, it operated in over 570 markets across 37 states. As of December 25, 2016, its products included 631 community print publications, 538 Websites and two yellow page directories. Its directory portfolio includes Surewest Directories located in and around the Sacramento, California area, primarily in Roseville, California. The Roseville directory serves the local Roseville community. It also owns additional directory based in Mt. Shasta, California. Propel is its business services product line with digital products designed for small and midsized businesses (SMBs).
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