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Triple Crown Media, Inc. (fka TCMIQ)

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Last Post: 3/29/2011 4:09:35 PM - Followers: 4 - Board type: Free - Posts Today: 0

Triple Crown Media, Inc.
725A Old Norcross Rd.
Lawrenceville, GA 30045

Phone: 770-963-9205

Fax: 770-277-5277 

http://www.3plcrown.com/index.htm

 

Company Description

You might say this company races to cover the news. Triple Crown Media is a daily newspaper publisher with about a dozen papers serving smaller markets in the suburban Atlanta market. The company's portfolio is anchored by its flagship Gwinnett Daily Post. Its other newspapers include The Albany Herald, the Rockdale Citizen, The Clayton News Daily, The Henry Daily Herald, and The Jackson Progress-Argus. Triple Crown Media's papers boast a total daily circulation of more than 90,000. Spun off from TV station operator Gray Television in late 2005, Triple Crown Media is controlled by investment firms led by GoldenTree Asset Management.

 

 

Release Date: 02.12.10 | Location: All Metro Atlanta | Organization: Atlanta Journal-Constitution

The Atlanta Journal-Constitution and Triple Crown Media Inc. announce partnership

The AJC will begin distribution of several products in Triple Crown Media's portfolio

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The Atlanta Journal-Constitution (AJC) announces strategic distribution partnership agreement with Triple Crown Media, Inc. A newspaper publishing group, Triple Crown Media, Inc (TCM) locally operates seven newspapers. The AJC will begin distributing four TCM publications, anticipated to be effective March 30.

Under the agreement, the AJC will deliver the Gwinnett Daily Post, Rockdale Citizen and Newton Citizen. The three daily newspapers will continue to be delivered during their current Tuesday through Sunday publishing schedule. The AJC will deliver to homes as well as retail outlets selling the publications. In addition, the AJC will deliver Kidsville News, a monthly Newspaper in Education publication published by TCM.

"This is a great opportunity for the AJC and TCM," said Bob Eickhoff, SVP of Operations for the AJC. "This partnership allows the AJC to continue to leverage its existing distribution channels in a way that benefits both companies and better serve customers," Eickhoff added.

The transition will be transparent to Triple Crown Media customers. The agreement does not impact delivery locations, dates or times and TCM will continue to maintain a customer care department for TCM subscribers.

"Like every company operating in this difficult economic environment we are continually exploring strategies to reduce costs while improving services for our readers and advertisers," said Mike Gebhart, EVP for TCM. "We think the strategic partnership with the AJC will help us achieve both of these goals," Gebhart concluded.

The Gwinnett Daily Post is delivered to 61,000 households daily and 104,000 on Sunday while The Rockdale Citizen has a circulation of 6,000 and the Newton Citizen has a circulation of 4,000 newspapers.

About The Atlanta Journal-Constitution
The Atlanta Journal-Constitution is the leading source - both in print and online - of news, information and advertising for metropolitan Atlanta, reaching a total print and online audience of nearly 2.2 million people each week. Every month, nearly 2.3 million unique visitors access the newspaper's Web sites, including ajc.com and accessAtlanta.com. The Atlanta Journal-Constitution is part of Cox Media Group, a publishing, digital media and broadcasting subsidiary of Atlanta-based Cox Enterprises.

About Triple Crown Media, Inc.
Triple Crown Media publishes seven newspapers in Georgia - The Gwinnett Daily Post, The Rockdale Citizen, The Newton Citizen, The Albany Herald, The Clayton News-Daily, The Henry Daily Herald and The Jackson Progress-Argus.

  

 

Key Triple Crown Media, Inc. Financials

 

Company Type Private -
Headquarters
Fiscal Year-End June
2008 Sales (mil.) $46.0
Employees 344

 

Triple Crown Media, Inc. Income Statement

 

  Jun 08 Jun 07 Dec 05
Revenue 46.0 130.3 53.8
Cost of Goods Sold 33.1 107.2 40.7
Gross Profit 12.9 23.1 13.1
Gross Profit Margin 28% 17.7% 24.4%
SG&A Expense 3.8 5.7 1.5
Depreciation & Amortization 1.9 7.1 4.7
Operating Income 1.4 10.7 7.4
Operating Margin 3.1% 8.2% 13.7%
Nonoperating Income (1.4) (0.8) 0.4
Nonoperating Expenses (11.3) -- --
Income Before Taxes (11.3) (4.2) 7.1
Income Taxes 6.7 (1.6) 2.7
Net Income After Taxes (18.0) (2.6) 4.4
Continuing Operations (18.0) (2.6) 4.4
Discontinued Operations (41.0) (0.8) --
Total Operations (59.0) (3.5) 4.4
Total Net Income (59.0) (3.5) 4.4
Net Profit Margin -128.1% -2.7% 8.2%
Diluted EPS from Total Net Income (10.62) (0.66) 0.91
Dividends per Share -- -- --

 

Triple Crown Media, Inc. Balance Sheet

 

Assets Jun 08 Jun 07 Dec 05
Current Assets
Cash 1.1 0.2 1.5
Net Receivables 9.4 12.4 23.1
Inventories 0.4 0.4 1.7
Other Current Assets 0.8 2.8 1.2
Total Current Assets 11.8 15.8 27.5
Net Fixed Assets 7.0 13.6 13.6
Other Noncurrent Assets 21.9 145.1 129.9
Total Assets 40.6 174.5 171.0
Liabilities Jun 08 Jun 07 Dec 05
Current Liabilities
Accounts Payable 1.2 9.0 5.9
Short-Term Debt 20.2 8.5 2.8
Other Current Liabilities 7.3 21.6 26.0
Total Current Liabilities 28.7 39.1 34.7
Long-Term Debt 50.6 116.3 119.1
Other Noncurrent Liabilities 26.3 7.9 24.4
Total Liabilities 105.6 163.2 178.2
Shareholder's Equity
Preferred Stock Equity -- 17.1 --
Common Stock Equity (65.0) (5.9) (7.2)
Total Equity (65.0) 11.3 (7.2)
Shares Outstanding (thou.) 5,591.6 5,591.6 5,591.6

 

Triple Crown Media, Inc. Cash Flow Statement

 

  Jun 08 Jun 07 Dec 05
Net Operating Cash Flow (6) 1 9
Net Investing Cash Flow 61.8 (5.9) (74.6)
Net Financing Cash Flow (54.5) 4.7 66.0
Net Change in Cash 0.9 (0.0) 0.8
Depreciation & Amortization 1.9 7.1 4.7
Capital Expenditures (0.3) (0.7) (2.2)
Cash Dividends Paid    

 

Triple Crown Media, Inc. Executives

8 executives listed for Triple Crown Media, Inc.'s Lawrenceville, GA location.

 

 
Title Name & Bio Contact
Chairman Hilton Howell
Age 48
 
 
CEO and Director Robert Prather
Age 65
$95,370 salary
 
EVP Operations Michael Gebhart
Age 54
$207,773 salary
$30,000 bonus
EVP and CFO Name On File  
Director Name On File  
Director Name On File  
Director Name On File  
Director Name On File  

 

Triple Crown Media, Inc. Jobs

 

Location Title
MD Director of Principal and Planned GiftsThis link will open in a new windowicon - new page
03/16/2011
performances, digital media outreach in diverse... Ravens, as well as the well-known 2nd leg of the Triple Crown, the Preakness Stakes at Pimlico Racetrack...

 

Competitive Landscape

The health of the economy drives both advertising and readership. The profitability of individual companies depends on marketing expertise, as most costs are fixed. Large companies benefit from economies of scale in sharing resources and by providing a range of outlets for advertisers. Small publishers can compete successfully by serving smaller markets. The industry is fairly labor-intensive: average annual revenue per employee is about $120,000.

 

Industries Where Triple Crown Media, Inc. Competes

  • Newspaper Publishing
  • Media
  • Publishing
  • Estimated Market Cap

    $16,775 as of Mar 3, 2009
  • Outstanding Shares

    5,591,626 as of Sep 29, 2008
  • Number of Share Holders of Record

    380 as of Oct 10, 2008

 

PostSubject
#49   Boardmarked, back later for DD :-)sc SuperC 03/29/11 04:09:35 PM
#48   The ibox has been updated with some previous Abag 03/29/11 01:34:51 PM
#47   Any new information? Looks to be 2 Abag 03/28/11 08:03:13 AM
#46   There is definitely something going on with this Abag 03/24/11 12:59:21 PM
#45   Strange this is trading, all shares cxld mkinhaw 03/24/11 12:43:34 PM
#44   TCMIQ, .01 looking good here, im in. Abag 03/24/11 12:21:30 PM
#43   TCMIQ @ .01! Estrella 03/24/11 12:18:12 PM
#42   TCMIQ @ .006! Estrella 03/24/11 12:17:46 PM
#41   TCMIQ @ .001! Estrella 03/24/11 12:15:03 PM
#40   www.3plcrown.com, looks like new website. Anyone know Abag 03/24/11 10:17:19 AM
#39   TCMIQ @ .005! Estrella 03/05/10 02:41:49 PM
#38   TCMIQ @ .002! Estrella 03/05/10 02:41:26 PM
#37   Definitely Q_Crazy lol :) SuperC 03/04/10 04:53:01 PM
#36   TCMI fillings: Estrella 05/19/09 08:27:07 PM
#35   TCMI golden cross coming up! Estrella 05/19/09 08:24:36 PM
#34   TCMI ready to go! Estrella 04/20/09 10:58:33 AM
#33   TCMI up and Up and UP!!!! Estrella 04/15/09 05:13:58 PM
#32   TCMI getting ready for more action! Estrella 04/14/09 03:24:02 PM
#31   TCMI @ .03!!!!!! Estrella 04/13/09 01:06:38 PM
#30   TCMI MONSTER!!!!! YEAHH! Estrella 04/09/09 02:39:57 PM
#29   TCMI @ .025! Estrella 04/09/09 12:48:09 PM
#28   TCMI only 5m O/S with a huge potential... Estrella 04/08/09 09:40:06 AM
#27   TCMI big action today! Are you ready? Estrella 04/07/09 03:46:07 PM
#26   TCMI Golden Cross coming soon! $$$$ Estrella 04/07/09 01:51:56 PM
#25   TCMI @ .025!! Estrella 04/07/09 12:57:03 PM
#24   TCMI 02!!!! WOW! Estrella 04/07/09 12:54:59 PM
#23   TCMI @ .015!!! Estrella 03/31/09 03:07:10 PM
#22   TCMI @ .01! Estrella 03/27/09 03:29:17 PM
#21   TCMI Filling! Estrella 03/24/09 02:50:36 PM
#20   You are right, she is going up, Up, UP!!!! Estrella 03/23/09 02:06:54 PM
#19   http://triplecrownmedia.com/ Nice website! Estrella 03/23/09 10:48:23 AM
#18   TCMI @ .008! Estrella 03/23/09 10:38:22 AM
#17   More buys on TCMI today! Estrella 03/18/09 04:42:32 PM
#16   TCMI looking good! Estrella 02/19/09 03:25:16 PM
#15   TCMI Filling! Estrella 02/17/09 11:59:39 AM
#14   TCMI ALERT!!! Estrella 02/17/09 10:46:21 AM
#13   TCMI @ .006!! Estrella 02/17/09 10:45:25 AM
#12   TCMI new SEC Filings SC 13G/A on Feb Estrella 02/04/09 10:12:49 AM
#11   you all asleep this could go huge nobody johnnys34 01/26/09 12:53:01 AM
#10   TCMI ALERT .005! Estrella 01/13/09 10:44:38 PM
#9   TCMI last filling is a SC 13D/A Estrella 01/07/09 11:26:00 AM
#8   Estrella: I looked at this stock long and hard jjwfuhrman 01/06/09 11:54:37 PM
#7   TCMI morning action!!! Estrella 01/02/09 10:17:58 AM
#6   TCMI was $6.00 this year, this may be Estrella 12/08/08 07:51:14 PM
#5   TCMI ask @ .004 on very low vol... Estrella 12/08/08 06:03:19 PM
#4   TCMI only 5m o/s and not many shares Estrella 12/08/08 01:55:35 PM
#3   TCMI @ .0037! Estrella 12/08/08 01:37:16 PM
#2   Impressive Chart to $1.00! Estrella 12/08/08 01:13:54 PM
#1   TCMI @ .003! Estrella 12/08/08 01:13:18 PM
PostSubject