Tuesday, May 04, 2010

What were these $15M in Q1 digital acquisitions?

From the new 10-Q report, filed today with the U.S. Securities and Exchange Commission (emphasis added):

"Cash flows used in the company’s investing activities totaled $16 million for the three months of 2010, reflecting $9 million of capital spending, $15 million of payments for certain digital business acquisitions, and $3 million for investments."

Did I miss an earlier announcement about the purchase of digital companies? Please post your replies in the comments section, below. To e-mail confidentially, write jimhopkins[at]gmail[dot-com]; see Tipsters Anonymous Policy in the rail, upper right.


  1. Another dividend payment to Saridakis?

  2. This is for the new platform that Content One is purchasing.

  3. Which platform? Is this the pending USCP website relaunch? Does it have anything to do with CCI NewsGate?

  4. Yes. Mark Morneau is buying it along with Tara Connell and all newsrooms will adopt it by the end of the year.

  5. ramping up for the big real estate product


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