Welcome to our dedicated page for Graham Holdings news (Ticker: GHC), a resource for investors and traders seeking the latest updates and insights on Graham Holdings stock.
News and press releases related to Graham Holdings Company (NYSE: GHC) highlight developments across its diversified operations in educational services, television broadcasting, healthcare services, manufacturing, automotive, retail, media, e‑commerce and digital services, restaurants, and custom framing. As a multi‑segment holding company, Graham Holdings regularly issues updates on business performance, strategic transactions, and activities within its subsidiaries.
Education‑focused news often centers on Kaplan, Inc., which is described as a global education company and a subsidiary of Graham Holdings. Recent releases cover topics such as Kaplan’s recognition on rankings of online learning providers, partnerships with colleges and universities to provide preparation for graduate‑level admissions and professional licensing exams, and initiatives that address specific educational needs, including webinars and programs aimed at professional and academic skills development.
In the media and broadcasting area, news from Graham Media Group—identified as a subsidiary of Graham Holdings—includes leadership appointments and descriptions of its role as a television broadcasting company operating local media brands and digital platforms. These stories illustrate how the Television Broadcasting segment participates in local news, programming, and advertising‑related activities across multiple distribution channels.
Corporate news for Graham Holdings Company also includes announcements of quarterly earnings, Investor Day events, and financing activities. For example, the company has issued press releases and filed 8‑K reports regarding its quarterly financial results, a virtual Investor Day focused on operations and financials, and private offerings of senior unsecured notes along with amendments to its revolving credit facility. Together, these items provide investors and observers with a view of operating trends, capital structure decisions, and segment‑level performance.
This news page aggregates such updates so readers can review Graham Holdings’ recent earnings releases, subsidiary announcements, educational initiatives, broadcasting developments, and financing disclosures in one place. Users interested in GHC news can consult this feed to follow the company’s reported activities across its various business segments.
Graham Holdings Company (NYSE: GHC) has successfully completed the sale of its podcast technology subsidiary, Megaphone, to Spotify Technology S.A. (NYSE: SPOT). Megaphone specializes in offering hosting and ad-insertion solutions for publishers and tailored ad sales for brand partners. This strategic sale is expected to enhance GHC's focus on its core business operations and potentially improve financial performance in the long term.
Graham Holdings Company (NYSE: GHC) has reached an agreement to sell its podcast technology subsidiary, Megaphone, to Spotify Technology S.A. (NYSE: SPOT) for $235 million. Megaphone specializes in hosting and ad-insertion capabilities for publishers and targeted ad sales for brands. This transaction is pending regulatory approval and other closing conditions. Timothy J. O’Shaughnessy, president and CEO of Graham Holdings, expressed confidence in Megaphone's future under Spotify.
Graham Holdings Company (NYSE: GHC) reported a net income of $77.6 million ($15.22 per share) in Q3 2020, up from $43.1 million ($8.05 per share) in Q3 2019. Revenue decreased by 3% to $717 million, primarily due to COVID-19 impacts, with declines in education and manufacturing. The company recorded an operating income of $40.2 million, significantly improved from $16.3 million a year ago. For the first nine months of 2020, the net income was $63.2 million, a notable drop from $182 million in 2019. Cost-reduction measures were implemented across divisions as the pandemic's effects are expected to persist into 2021.
Graham Holdings Company (NYSE: GHC) will host a virtual Investor Day on December 3, 2020, from 1:00 p.m. to 3:00 p.m. ET. The event will feature presentations from the management team discussing the company’s operations and financials. Interested parties must register in advance to participate, with an archived recording available for those unable to attend live. Graham Holdings is a diversified holding company with operations in education, broadcasting, healthcare, and manufacturing, among others.
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The Kaplan Performance Academy will host a free virtual discussion titled “Leading through Learning – is L&D a tactical fixer or strategic enabler?” on October 20, 2020, at 3.30pm GMT/9.30am CST. The event features author Kevin Green and Global Director Andrew Perkins, along with panelists from notable organizations. Key topics will include how corporate learning can align with organizational needs, enhance employee engagement, and support culture assimilation and self-esteem. For more details, visit here.
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Graham Healthcare Group has partnered with WorldView Ltd. to launch a comprehensive document management solution aimed at optimizing its Patient Records Teams. By transitioning to WorldView's integrated home health products, such as MedAttach and Mobile Complete, Graham anticipates improved efficiency in document processing and revenue cycles. The collaboration promises to streamline operations, significantly reduce costs associated with multiple vendors, and enhance compliance while caring for over 100,000 patients annually.