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Home > Company Index > Media > Publishing - Newspapers > News Communications, Inc.

News Communications, Inc.
Nasdaq (SC): NCOM
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 NEWS FROM THE WIRES
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 NEWS FROM THE STANDARD
Murdoch's Net Loss
Feb 07 2001 02:19 PM PST

 PROFILE
News Communications wanted to be the News Corp. of community newspapers, but its ink has turned red and it's selling some of its assets. Through subsidiaries, the company still publishes nine community newspapers, distributed gratis, in the New York and Washington, DC, areas, including "Dan's Papers", "Our Town", and "The Queens Tribune." The company also publishes "The Hill", a weekly newspaper covering the US Congress. Among News Communications' shareholders are notorious penny stock investor J. Morton Davis (about 32%); investor Melvyn Weiss (18%); director, publisher, and former CEO Wilbur Ross (about 9%); and chairman Jerry Finkelstein (about 7%).

 COMPETITION
Daily News L.P. (dossier)
Journal Register Company (JRC)
Village Voice Media Inc. (dossier)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 18.70
1-Yr. Sales Growth: 2.2%
Employees: 216
Revenue per employee: $86,574.07

 KEY PEOPLE
• James A. Finkelstein
    CEO
• Paul Mastronardi
    CFO

 CONTACT INFO
2 Park Avenue
New York, NY 10016
US
Phone: 212-689-2500
Fax: 212-689-1998

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