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39-567: Frederick P. Johnson and Bert Bell founded the weekly Boulder Camera in 1890, and it became a daily in 1891. Ownership has changed over the years. The paper has been owned by Ridder (1969–1974), Knight Ridder (1974–1997), Scripps (1997–2009) and MediaNews Group (2009–present). In 2013 MediaNews Group and Digital First Media merged under the Digital First Media name. Alden Global Capital controls Digital First Media. The official name of this newspaper at various times has been

78-679: A Knight newspaper. The minority stake in WAKR's parent company, Summit Radio, also included the establishment of WAKR-TV (channel 49) , as well as WAKR-FM (97.5) and six radio stations purchased in Dayton, Ohio , Dallas , Texas, and Denver , Colorado. WAKR-TV was built and signed on by Summit on July 23, 1953, as the Akron market's ABC affiliate, moving to channel 23 on December 1, 1967. Knight Ridder divested its stake in Summit Radio by 1977;

117-452: A company reports that it achieved a 35% profit margin during the last quarter, it means that it netted $ 0.35 from each dollar of sales generated. Profit margins are generally distinct from rate of return . Profit margins can include risk premiums . Profit margin is calculated with selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit, whereas "profit percentage" or " markup "

156-472: A company takes in a revenue of $ 1,000,000 and $ 600,000 in COGS. Gross profit is $ 400,000, and gross profit margin is (400,000 /. 1,000,000) x 100 = 40%. Operating profit margin includes the cost of goods sold and is the earning before interest and taxes ( EBIT ) known as operating income divided by revenue. The COGS formula is the same across most industries, but what is included in each of

195-649: A low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. On the other hand, profit percentage is calculated with cost taken as base: Profit Percentage = 100 ⋅ Net Profit Cost {\displaystyle {\text{Profit Percentage}}={100\cdot {\text{Net Profit}} \over {\text{Cost}}}} Suppose that something

234-466: A negative or zero profit margin indicates that the sales of a business does not suffice or it is failing to manage its expenses. This encourages business owners to identify the areas which inhibit growth such as inventory accumulation, under-utilized resources or high cost of production. Profit margins are important whilst seeking credit and is often used as collateral. They are important to investors who base their predictions on many factors, one of which

273-434: A percentage of the revenue . Profit Margin = 100 ⋅ Profit Revenue = 100 ⋅ ( Sales − Total Expenses ) Revenue {\displaystyle {\text{Profit Margin}}={100\cdot {\text{Profit}} \over {\text{Revenue}}}={{100\cdot ({\text{Sales}}-{\text{Total Expenses}})} \over {\text{Revenue}}}} For example, if

312-520: A planned merger between the two entities in 1968 failed to be consummated. In 1954, Ridder Newspapers launched WDSM-TV in Superior , Wisconsin , serving the Duluth , Minnesota market. Initially a CBS affiliate, it switched to its present NBC affiliation a year and a half after the station's launch. It was spun off after Ridder's merger with Knight Newspapers, Inc. From 1956 to 1962, Knight and

351-520: A purchase price of $ 6.5 billion in cash, stock and debt. The deal gave McClatchy 32 daily newspapers in 29 markets, with a total circulation of 3.3 million. However, for various reasons, McClatchy decided immediately to resell twelve of these papers. On April 26, 2006, McClatchy announced it was selling the San Jose Mercury News , Contra Costa Times , Monterey Herald , and St. Paul Pioneer Press to MediaNews Group (with backing from

390-523: A warning to a company's owners and directors that the company might be in distress or the goods are being sold too cheap: "whatever the reason, low margins could signal trouble in the long run". Profit margins can also be used to assess a company's pricing strategy . By analysing the profitability of different products and services, companies can determine which products or services are most profitable and adjust their pricing accordingly. This can help companies maximise profitability and remain competitive in

429-414: Is $ 150,000, and net profit margin is (150,000 / 1,000,000) x 100 = 15%. Profit margin in an economy reflects the profitability of any business and enables relative comparisons between small and large businesses. It is a standard measure to evaluate the potential and capacity of a business in generating profits. These margins help business determine their pricing strategies for goods and services. The pricing

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468-559: Is $ 200,000, and operating profit margin is (200,000 / 1,000,000) x 100 = 20%. Net profit margin is net profit divided by revenue. Net profit is calculated as revenue minus all expenses from total sales. Net Profit Margin = 100 ⋅ Net profit Revenue {\displaystyle {\text{Net Profit Margin}}={100\cdot {\text{Net profit}} \over {\text{Revenue}}}} Example. A company has $ 1,000,000 in revenue, $ 600,000 in COGS, $ 200,000 in operating expenses, and $ 50,000 in taxes. Net profit

507-441: Is bought for $ 40 and sold for $ 100. If the revenue is the same as the cost, profit percentage is 0%. The result above or below 100% can be calculated as the percentage of return on investment. In this example, the return on investment is a multiple of 1.5 of the investment, corresponding to a 150% gain. There are 3 types of profit margins: gross profit margin , operating profit margin and net profit margin. Gross profit margin

546-1194: Is calculated as gross profit divided by net sales (percentage). Gross profit is calculated by deducting the cost of goods sold (COGS)—that is, all the direct costs—from the revenue. This margin compares revenue to variable cost . Service companies, such as law firms, can use the cost of revenue (the total cost to achieve a sale) instead of the cost of goods sold (COGS). It is calculated as: Gross Profit = Revenue − ( Direct materials + Direct labor + Factory overhead ) {\displaystyle {\text{Gross Profit}}={\text{Revenue}}-({\text{Direct materials}}+{\text{Direct labor}}+{\text{Factory overhead}})} Net Sales = Revenue − Cost of Sales Returns − Allowances and Discounts {\displaystyle {\text{Net Sales}}={\text{Revenue}}-{\text{Cost of Sales Returns}}-{\text{Allowances and Discounts}}} Gross Profit Margin = 100 ⋅ Gross Profit Net Sales {\displaystyle {\text{Gross Profit Margin}}={100\cdot {\text{Gross Profit}} \over {\text{Net Sales}}}} Example. If

585-421: Is improving or deteriorating. This information can be used to make informed investment decisions. Profit margins are a useful tool for comparing the profitability of different companies in the same industry. By comparing the profitability of similar companies, investors can determine which companies are more profitable and therefore potentially more attractive investment opportunities. Low profit margins can act as

624-403: Is influenced by the cost of their products and the expected profit margin. pricing errors which create cash flow challenges can be detected using profit margin concept and prevent potential challenges and losses in an entity. Profit margin is also used by businesses and companies to study the seasonal patterns and changes in the performance and further detect operational challenges. For example,

663-647: Is the percentage of cost price that one gets as profit on top of cost price. While selling something one should know what percentage of profit one will get on a particular investment, so companies calculate profit percentage to find the ratio of profit to cost. The profit margin is used mostly for internal comparison. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates

702-416: Is the profit margin. It is used to compare between companies and influences the decision of investment in a particular venture. To attract investors, a high profit margin is preferred while comparing with similar businesses. Profit margins can be used to assess a company's financial performance over time. By comparing profit margins over time, investors and analysts can assess whether a company's profitability

741-716: The Boulder Camera , the Boulder Daily Camera , the Daily Camera , the Camera , and most recently the Daily Camera once again. All of these are still in common usage as nicknames for the paper. This article about a Colorado newspaper is a stub . You can help Misplaced Pages by expanding it . Knight Ridder Knight Ridder / ˈ r ɪ d ər / was an American media company, specializing in newspaper and Internet publishing . Until it

780-610: The Cox publishing family jointly operated Biscayne Television, which owned NBC affiliate WCKT in Miami, Florida , as well as WCKR radio , which this entity purchased from Cox; Knight sold off WQAM to a third party as part of Biscayne's formation. Revelations of improper behavior and underhanded tactics by Biscayne and National Airlines (which signed on WPST-TV , also in Miami ) to secure their licenses, along with ethics violations within

819-617: The Hearst Corporation ) for $ 1 billion. Daily newspapers owned by Knight Ridder and its predecessors – listed alphabetically by place of publication – included: A list of companies that were at one time or another owned by Knight Ridder: Knight Newspapers entered broadcasting in 1946 via the purchase of minority ownership stakes in WQAM in Miami, WIND in Chicago, and WAKR in Akron; all three stations were in markets served by

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858-605: The FCC itself, resulted in the licenses for both stations being revoked. A replacement license for WCKT was granted in 1960 to Sunbeam Television , the lone bidder for the prior license not to have engaged in any unethical behavior; Biscayne sold to Sunbeam WCKT's non-license assets: the studios, intellectual property and all off- and on-air personnel for the new station, which took the WCKT name for continuity. Cox repurchased WCKR, reviving that station's prior WIOD call sign. Following

897-651: The Knight-Ridder chain refusing to run the two reporters' stories. After the war and the discrediting of many initial news reports written and carried by others, Strobel and Landay received the Raymond Clapper Memorial Award from the Senate Press Gallery on February 5, 2004, for their coverage. The Huffington Post headlined the two as "the reporting team that got Iraq right". The Columbia Journalism Review described

936-691: The combined company was the largest newspaper publisher in the United States. Knight Ridder had a long history of innovation in technology . It was the first newspaper publisher to experiment with videotex when it launched its Viewtron system in 1983. After investing six years of research and $ 50 million into the service, Knight Ridder shut down Viewtron in 1986 when the service's interactivity features proved more popular than news delivery. Knight-Ridder purchased Dialog Information Services Inc. from Lockheed Corporation in August 1988. In October 1988,

975-548: The company placed its eight broadcast television stations up for sale to reduce debt and to pay for the purchase of Dialog. In 1997, when Tony Ridder was CEO, it bought four newspapers from The Walt Disney Company formerly owned by Capital Cities Communications , after Disney's purchase of Cap Cities mainly for the ABC television network ( The Kansas City Star , Fort Worth Star-Telegram , Belleville News-Democrat and (Wilkes-Barre) Times Leader for $ 1.65 billion. It was, at

1014-716: The divestment of their stake in Summit Radio, Knight Ridder acquired Poole Broadcasting, which consisted of WJRT-TV in Flint , Michigan , WTEN in Albany , New York and its satellite WCDC in Adams , Massachusetts , and WPRI-TV in Providence , Rhode Island . Immediately after the acquisition of these stations was finalized, Knight Ridder cut a corporate affiliation deal with ABC, switching then-CBS affiliates WTEN/WCDC and WPRI (the latter of which eventually rejoined CBS) to ABC (WJRT

1053-422: The elements can vary for each. It should be calculated as: Operating Profit Margin = 100 ⋅ Operating Income Revenue {\displaystyle {\text{Operating Profit Margin}}={100\cdot {\text{Operating Income}} \over {\text{Revenue}}}} Example. If a company has $ 1,000,000 in revenue, $ 600,000 in COGS, and $ 200,000 in operating expenses. Operating profit

1092-442: The marketplace. Margins can also be used to identify areas of a company's operations that may be inefficient or not cost effective. By analysing the profitability of different product lines, companies can identify areas where costs are too high in relation to the profits generated. This information can then be used to optimise operations and reduce costs. In some cases, companies may agree to cover profit margin shortfalls as part of

1131-409: The operating efficiency of a business or an industry. All margin changes provide useful indicators for assessing growth potential, investment viability and the financial stability of a company relative to its competitors. Maintaining a healthy profit margin will help to ensure the financial success of a business, which will improve its ability to obtain loans. It is calculated by finding the profit as

1170-541: The reasons behind the Bush Administration 's 2003 invasion of Iraq . Profit margin Profit margin is a financial ratio that measures the percentage of profit earned by a company in relation to its revenue. Expressed as a percentage, it indicates how much profit the company makes for every dollar of revenue generated. Profit margin is important because this percentage provides a comprehensive picture of

1209-822: The reporting as "unequaled by the Bigfoots working at higher-visibility outlets such as the New York Times , the Washington Post , the Wall Street Journal and the Los Angeles Times ". Later after the war, their work was featured in Bill Moyers ' PBS documentary "Buying The War" and was dramatized in the 2017 film Shock and Awe . On March 13, 2006, The McClatchy Company announced its agreement to purchase Knight Ridder for

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1248-424: The rest of Silicon Valley. The internet division had been established there three years earlier. The company rented several floors in a downtown high-rise as its new corporate base. In November 2005, the company announced plans for "strategic initiatives," which involved the possible sale of the company. This came after three major institutional shareholders publicly urged management to put the company up for sale. At

1287-482: The second company was founded by Herman Ridder when he acquired the New Yorker Staats-Zeitung , a German language newspaper, in 1892. As anti-German sentiment increased in the interwar period , Ridder successfully transitioned into English language publishing by acquiring The Journal of Commerce in 1926. Both companies went public in 1969 and merged on July 11, 1974. For a brief time,

1326-595: The time, the company had a higher profit margin than many Fortune 500 companies, including ExxonMobil . In the run-up to the 2003 invasion of Iraq , Knight Ridder DC Bureau reporters Jonathan Landay and Warren Strobel wrote a series of articles critical of purported intelligence suggesting links between Saddam Hussein , the obtainment of weapons of mass destruction , and Al-Qaeda , citing anonymous sources. Landay and Strobel's stories ran counter to reports by The New York Times , The Washington Post and other national publications, resulting in some newspapers within

1365-461: The time, the most expensive newspaper acquisition in history. For most of its existence, the company was based in Miami, with headquarters on the top floor of the Miami Herald building. In 1998, Knight Ridder relocated its headquarters from Miami to San Jose, Calif.; there, that city's Mercury News —the first daily newspaper to regularly publish its full content online—was booming along with

1404-843: Was already affiliated with ABC when the affiliation deal was made). As part of the deal, Poole Broadcasting would eventually become Knight Ridder Broadcasting. Knight Ridder would acquire several television stations in medium-sized markets during the 1980s, including three stations owned by The Detroit News which the Gannett Company —which purchased the newspaper in 1986—could not keep due to Federal Communications Commission regulations on media cross-ownership and/or television duopolies then in effect. (None of Knight Ridder's later acquisitions changed their network affiliations under Knight Ridder ownership; for example, then-NBC affiliate WALA-TV in Mobile , Alabama remained an NBC affiliate when it

1443-592: Was bought by McClatchy on June 27, 2006, it was the second largest newspaper publisher in the United States, with 32 daily newspaper brands sold. Its headquarters were located in San Jose , California . The corporate ancestors of Knight Ridder were Knight Newspapers, Inc. and Ridder Publications, Inc. The first company was founded by John S. Knight upon inheriting control of the Akron Beacon Journal from his father, Charles Landon Knight , in 1933;

1482-453: Was followed by the following month with the sale of KTVY-TV to WHO-TV owner Palmer Communications, for $ 50 million. WTEN was the next-to-last station to be sold, going to Young Broadcasting for $ 38 million, and WJRT would eventually becoming the final Knight Ridder station, to be sold to SJL Broadcasting for $ 39 million. • Shock and Awe , 2018 film about a group of journalists at Knight Ridder's Washington Bureau who investigate

1521-705: Was owned by Knight Ridder and would switch to Fox several years after Knight Ridder sold the station.) In early 1989, Knight Ridder announced its exit from broadcasting, selling all of its stations to separate buyers; the sales were finalized in the summer and early fall of that year. This deal was made in order to reduce their debt loads from the proceedings. One of the stations, WALA-TV went to Burnham Broadcasting for $ 40 million, while WKRN would go to Young Broadcasting for $ 50 million, KOLD-TV to News-Press & Gazette Company for an undisclosed price, and two television stations WPRI and WTKR to Narragansett Television L.P. for $ 150 million on February 18, 1989. This

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