Courier skids 15% on Q3 net loss

Book manufacturer and specialty publisher Courier Corporation (Nasdaq:CRRC) is down more than 15% today after announcing ahead of the opening it had a net loss for the third quarter. | Nasdaq: CRRC |Comment

Entercom slides 24% after downgrade to ‘sell’

Entercom Communications Corp. (NYSE:ETM) is down more than 24% today after being downgraded to “sell” from “hold” by a Citigroup analyst. | NYSE: ETM |Comment

Travelzoo loses 8%, hits 52-week low as rising gas prices curtail travelers

Travelzoo Inc. (Nasdaq:TZOO) shares were down 8% Tuesday as many of the Internet media company’s clients’ stocks dropped | Nasdaq: TZOO |Comment

McClatchy falls to 52-week low after downgrade, bump from Russell 1000

The McClatchy Company (NYSE:MNI) shares dropped to a 52-week low Tuesday after the newspaper company was downgraded from “hold” to “sell” by Deutsche Bank. | NYSE: MNI |Comment

AirMedia Group shares up after revised Q2 guidance

AirMedia Group Inc. (Nasdaq:AMCN) shares jumped 14% Wednesday after the company’s anticipated 2008 second-quarter guidance was revised to $29 million to $30 million, up from earlier estimates of... | Nasdaq: AMCN |Comment

IPO Watch: RHI Entertainment

If you watch Lifetime, you know RHI Entertainment. The company produces made-for-TV movies and miniseries, and then sells them on DVD after their network runs. | Nasdaq: RHIE |Comment

SeaChange International: In case you forget

Consumers can set a DVR to catch the shows they want to watch later, or they can use on-demand technology that utilizes systems such as those from SeaChange International (Nasdaq:SEAC). | Nasdaq: SEAC |Comment

Check on China: The9 Limited

Chinese online game developer and operator The9 Limited (Nasdaq:NCTY) has used its gaming-design smarts and huge following to become a major force in the multiplayer online gaming business. | Nasdaq: NCTY |Comment

New Frontier Media CFO: Growth efforts will lower cash flow in fiscal 2009

New Frontier Media, Inc. (Nasdaq:NOOF) CEO Michael Weiner said growth in its international and set-top businesses will work to augment slower growth rates in the domestic market. | Nasdaq: NOOF |Comment

Blockbuster CEO: Circuit City acquisition "not critical"

Blockbuster Inc. (NYSE:BBI) CEO Jim Keyes said the movie rental company will not buy Circuit City Stores (NYSE:CC) unless the deal makes financial and strategic sense and “also returns... | NYSE: BBI |Comment

Valassis Communications: Tried and true (if annoying) advertising

Business is booming for Valassis Communications Inc. (NYSE:VCI), a company that provides direct mail advertising and marketing services to some 15,000 advertisers worldwide. | NYSE: VCI |1 Comment

CEO: Mediacom "very comfortable" with higher 2008 guidance

Despite the turbulent general economy, Mediacom Communications Corp. (Nasdaq:MCCC) CEO Rocco Commisso is confident about the cable-television company’s raised 2008 guidance. | Nasdaq: MCCC |Comment

Newsletter Watch: Chinese media plays

This week, we examine a pair of small-cap media plays in China: Xinhua Finance Media Limited (Nasdaq:XFML) and 51job, Inc. (Nasdaq:JOBS). | Nasdaq: XFML |Comment

McClatchy CEO expects continued weak advertising environment

The McClatchy Co. (NYSE:MNI) CEO Gary Pruitt said the newspaper company expects the advertising environment to continue to be weak. | NYSE: MNI |Comment

Sector Watch: Let the games begin

Two companies poised to benefit from the Beijing Olympics tourism boost are Home Inns & Hotels Management, Inc. (Nasdaq:HMIN) and AirMedia Group Inc. (Nasdaq:AMCN). | Nasdaq: HMIN |2 Comments

CFO: Crown Media Holdings expects "significant" cash flow increases in FY08

Crown Media Holdings, Inc. (Nasdaq: CRWN) CFO Brian Stewart said the firm expects “significant” increases in cash flow in 2008. Stewart made the comments during a midday conference call. | CRWN |Comment

Newsletter Watch: Asian small-cap opportunities

Business analyst and investment editor John Christy III, CFA recently presented a handful of Asian small-cap opportunities in his Forbes International Investment Report. | ETEL |Comment

Check on China: VisionChina Media Inc.

China has one of the most lucrative consumer markets in the world, and VisionChina Media Inc. (Nasdaq: VISN) has capitalized on it by delivering advertising and content to would-be consumers in the... | PEP |Comment

IMAX CEO says digital conversion to benefit company

After 40 years of being reliant on analogue for film production, IMAX Corp. (Nasdaq: IMAX) has converted its antiquated business model to digital and formed joint ventures with movie studios and... | IMAX |Comment

Radio One plunges on wider Q4 loss

Radio One, Inc. (Nasdaq: ROIAK) shares are plunging after the radio broadcasting company posted a fourth-quarter loss of $386.4 million, or $3.91 per share, down substantially from a loss of $25.5... | ROIAK |Comment

Rimage CEO sees many untapped opportunities

Rimage Corp. (Nasdaq: RIMG) CEO Bernie Aldrich said the provider of CD and DVD publishing systems sees significant untapped opportunities in a number of large business service markets. The chief... | RIMG |Comment

Martha Stewart Living rises after buying Emeril rights

Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) shares are rising after the media and merchandising company reported that it bought the rights to the Emeril Lagasse franchise of cookbooks,... | MSO |Comment

Premier Exhibitions soars on announcement of new CFO

Premier Exhibitions, Inc. (Nasdaq: PRXI) shares are soaring after the developer of museum exhibits announced after the opening that it named a new chief financial officer. | PRXI |Comment

CEO says Playboy Enterprises in a transition

Playboy Enterprises, Inc. (NYSE: PLA) CEO Christie Hefner said the struggling adult entertainment company cannot provide guidance and is in the middle of important transitions. Hefner made the... | PLA |Comment

Premier Exhibitions soars on Goldman Sachs disclosure

Premier Exhibitions, Inc. (Nasdaq: PRXI) shares are soaring after investment bank Goldman Sachs Group, Inc. (NYSE: GS) disclosed in a regulatory filing that it owns a 7.8% stage in Premier, a... | GS |Comment

Electronics For Imaging plunges on lowered expectations

Electronics For Imaging, Inc. (Nasdaq: EFII) shares are spiraling downward after the printer and print supply firm announced that its fourth-quarter results will be lower than analysts’... | EFII |Comment

Champion Industries surges on 20% climb in Q4 profit

Champion Industries, Inc. (Nasdaq: CHMP) shares are soaring after the commercial printer and office products supplier reported a 20% fourth-quarter profit boost. For the three months ended Oct. 31,... | CHMP |Comment

Monotype Imaging Holdings: Putting its best font forward

Monotype Imaging Holdings Inc. (Nasdaq: TYPE) is a company that gets the importance of typeface. The small cap specializes in text imaging technology that can bring higher-quality and more varied... | TYPE |Comment

Centerplate rises on analyst upgrade

Centerplate Inc. (AMEX: CVP) shares are soaring out of the park after investment bank PiperJaffray raised its rating on the convention center and ballpark caterer to “buy” from “neutral”... | CVP |Comment

Beasley Broadcast Group soars after hitting all-time low

Beasley Broadcast Group, Inc. (Nasdaq: BBGI) shares are soaring despite any major news from the 46-year-old radio station operator. After plummeting to an all-time intraday low of $4.86 on Dec. 19,... | BBGI |Comment

KongZhong Corp. raises Q4 revenue guidance

Wireless media company KongZhong Corp. (Nasdaq: KONG) said this morning that it raised its revenue guidance for the fourth quarter. | KONG |Comment

Sun-Times Media Group to cut operating costs next year

Shares of Sun-Times Media Group, Inc. (NYSE: SVN) are gaining ground in pre-market trading after the newspaper publisher of publications such as the Chicago Sun-Times and Post Tribune said it will... | SVN |Comment

IMAX Corp. makes a deal with AMC

Shares of IMAX Corp. (Nasdaq: IMAX) are running ahead of the opening after the maker of digital and film-based motion picture technologies and large-format two-dimensional and three-dimensional... | IMAX |Comment

ValueVision Media widens Q3 loss

ValueVision Media, Inc. (Nasdaq: VVTV) shares are up despite the direct marketer’s third-quarter loss of $5.7 million, or $0.16 per share, worse than analyst estimates of losing $0.13 per share... | VVTV |Comment

School Specialty posts stellar FY08 Q2, raises full-year guidance

School Specialty (Nasdaq: SCHS), an education company providing supplemental learning products to the pre-K-12 market, today reported robust fiscal 2008 second-quarter results and raised its... | SCHS |Comment

Triple Crown Media divests Host Communications Inc. unit

Newspaper publisher Triple Crown Media, Inc. (Nasdaq: TCMI) said it sold its Host Communications Inc. unit to media company IMG | TCMI |Comment

Hollywood Media Corp. reports loss from continuing operations penny wider than Street

Hollywood Media Corp. (Nasdaq: HOLL), provider of news, information and ticketing covering the entertainment and media industries, reported a third-quarter loss from its continuing operations a... | HOLL |Comment

Six Flags posts dismal Q3 net earnings

Regional theme park company Six Flags, Inc. (NYSE: SIX) this morning reported dire third-quarter earnings substantially below estimates. | SIX |Comment

New Frontier Media down on Q2 sales slip

New Frontier Media, Inc. (Nasdaq: NOOF) shares are losing steam after the adult-themed entertainment producer and distributor recorded second-quarter sales of $12.4 million, below analyst estimates... | NOOF |Comment

Value Find: AVP, Inc.

Pro beach volleyball has become big business and this little-known microcap represents a pure-play on this growing trend in sports entertainment. | AVPI |Comment

DG FastChannel: A digital darling

It's a digital advertising world, and DG FastChannel is riding the digital wave. Within the last year, the small cap has bought up competitors and now counts over 5,000 advertising clients,... | DGIT |1 Comment

Journal Communications up on higher Q3 profit

Journal Communications, Inc. (NYSE: JRN) shares are up after the newspaper publishing company recorded higher quarterly earnings from continuing operations. For the third quarter, Journal... | JRN |Comment

IPO Watch: Make your portfolio smile

No matter how mature the Internet seems, investors want stock in it. Say hello to 012 Smile.Communications, a spinoff of Internet Gold - Golden Lines Ltd., an Israeli telecommunications and... | IGLD |Comment

Media General CEO: Company won't separate TV, newspaper operations

Media General, Inc. (NYSE: MEG) CEO Marshall Morton said a separation of the company into a separate newspaper and television company does not make sense operationally, strategically or... | MEG |Comment

Traffix books robust Q3 revenues above estimates

Shares of Traffix, Inc. (Nasdaq: TRFX) are gaining ground in pre-market trading after the interactive media company reported third-quarter sales above the Street’s consensus and earnings in line... | TRFX |Comment

Journal Register's CEO resigns

Journal Register Co. (NYSE: JRC) announced before the opening that its chairman and chief executive officer Robert Jelenic will resign on Nov. 1. Jelenic has been on medical leave since June 8.... | JRC |Comment

AudioCodes up on analyst upgrade

Shares of AudioCodes Ltd. (Nasdaq: AUDC), a multimedia communication company, are up after after investment bank Lehman Brothers upgraded the firm’s stock. | AUDC |Comment

Westwood One inks deal with CBS Radio

Westwood One, Inc. (NYSE: WON) said today that it entered into a binding agreement with CBS Radio, Inc. for a long-term arrangement through March 2017. | WON |Comment

Triple Crown Media CEO: FY08 revenue flat to slightly up

Triple Crown Media, Inc. (Nasdaq: TCMI) CEO Tom Stultz said the company expects fiscal 2008 revenue to be “basically flat” versus fiscal 2007, which ended June 30. New contracts and overall... | TCMI |Comment

Printronix higher, goes private

Printronix Inc. (Nasdaq: PTNX) will be purchased by private equity firm Vector Capital for $107.2 million, the maker of printing products announced before the start of trading. | PTNX |Comment