Graham Holdings - GHC STOCK NEWS

On October 13, 2021, Graham Media Group, a subsidiary of Graham Holdings Company (NYSE: GHC), appointed Terri Cope-Walton as Vice President and General Manager of WJXT and WCWJ in Jacksonville, Florida. She replaces Bob Ellis, who moved to WDIV in Detroit. Cope-Walton, with extensive experience as News Director at WRTV, is committed to localism and aims to strengthen community ties. Emily Barr, CEO of Graham Media Group, expressed enthusiasm about Cope-Walton's community involvement and leadership skills. She officially starts on November 15, 2021.

Kaplan has launched Career Core™, a career-services initiative in collaboration with multiple universities, aimed at enhancing job readiness among students. This program provides access to industry-specific advisors, rigorous career curricula, and opportunities for obtaining recognized credentials. With backing from notable universities, Career Core addresses the challenges of work readiness amid budget cuts in higher education. Kaplan generates over $1 billion in economic impact for partners globally, reflecting its commitment to enhancing educational services.

Kaplan announces a partnership with the Digital Marketing Institute (DMI) to offer an industry-leading digital marketing certification program. The Digital Marketing PRO course will be part of the Kaplan Credegree™ Program, allowing students to earn recognized credentials while completing their degrees. Graduates will receive two certifications: DMI Certified Digital Marketing Professional and AMA Professional Certified Marketer. This initiative aims to address the digital skills gap and enhance job readiness, providing professionals with essential marketing skills.

Graham Holdings Company (NYSE: GHC) announced a quarterly dividend of $1.51 per share, scheduled for payment on November 4, 2021. Shareholders of record by October 15, 2021 will receive this dividend, reflecting the company's ongoing commitment to returning value to its shareholders.

WDIV-Local 4 has appointed Michele Aenlle-Hayes as the new National Sales Manager. Previously a Sales Executive at LocaliQ, Aenlle-Hayes brings extensive experience in achieving revenue goals across broadcast and digital advertising. In her role, she will oversee national client advertising schedules and manage the station's political business. Recognized for her contributions in sales, she is expected to strengthen WDIV's existing and future client relationships. The appointment takes effect from September 9.

Graham Holdings Company (NYSE: GHC) reported a significant increase in second-quarter net income, reaching $115.4 million ($22.99 per share) compared to $18.9 million ($3.60 per share) in the same period of 2020. Revenue also rose 23% to $801.2 million, driven by growth across various sectors such as education and television broadcasting. However, the ongoing impact of the COVID-19 pandemic continues to affect certain businesses, particularly in education. The company completed the acquisition of Leaf Group Ltd. for approximately $322 million, expanding its consumer internet portfolio.

Graham Holdings Company (NYSE: GHC) has successfully completed its acquisition of Leaf Group Ltd. (NYSE: LEAF) for $8.50 per share, amounting to approximately $323 million in total. Leaf Group, based in Santa Monica, CA, is a consumer internet entity known for its creator-driven brands that cater to audiences in lifestyle categories such as fitness, wellness, home, art, and design. The acquisition aims to strengthen Graham Holdings' market position by expanding its portfolio in these growing segments.