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Prime Media Group history
Prime Media Group company history timeline
Investors had pumped $461 million into the company since July 1989.
By industry estimates circulation was off as much as half since its 1991 acquisition.
K-III's biggest acquisition of 1994, however, was the purchase of Channel One Communications Corp. from Whittle Communications L.P. for about $250 million.
In 1995 K-III's net sales rose to $1.05 billion, but it lost $75.4 million despite an income-tax credit of $59.6 million--chiefly because of interest expenses that came to $105.4 million on its debt of $1.1 billion.
KKR owned 83 percent of the outstanding shares of common stock in March 1997.
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Prime Media Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Crain Communications | 1916 | $250.0M | 1,045 | 25 |
| Stephens Media | 1940 | $145.4M | 2,001 | - |
| Times Media Group | 1997 | $28.2M | 350 | - |
| Media General Communications, Inc | - | $27.0M | 50 | - |
| Travelhost | - | $420,000 | 6 | - |
| Swift Communications | 1975 | $170.0M | 650 | 1 |
| American Media | 1936 | $223.0M | 3,500 | - |
| Vance Publishing | 1937 | $8.8M | 100 | - |
| Civitas Media | 2012 | $390.0M | 1,200 | - |
| Six Degrees Records | 1996 | $1.5M | 13 | - |
Zippia gives an in-depth look into the details of Prime Media Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Prime Media Group. The employee data is based on information from people who have self-reported their past or current employments at Prime Media Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Prime Media Group. The data presented on this page does not represent the view of Prime Media Group and its employees or that of Zippia.
Prime Media Group may also be known as or be related to PRIME MEDIA LLC, Prime Media and Prime Media Group.