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Items Tagged With: “Colleen Brown”
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Fisher Communications closes on the sale of its Seattle home, Fisher Plaza
Fisher Plaza in Seattle was sold to Hines Global REIT, Inc. for $160 million in cash.
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Fisher Communications' Q3: Radio down 14%, but there was a reason
Since last year, Fisher ended its Joint Sales Agreement with classical KING-FM (98.1), with that station converting to non-commercial status. That affected the topline, with radio revenue falling 14% to $5.3 million.
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Fisher calculates that the recent proxy fight cost it $1.4 million
Unhappy shareholder FrontFour Capital was pushing Seattle-based Fisher Communications to take some decisive action, though its argument varied between selling the company and complaining that Fisher had overpaid for some acquisitions. The Seattle Times has CEO Colleen Brown's estimate of the eventual cost of the fight: $1.4 million, for a company t…
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Fisher decries "brazen attempt" by investor FrontFour to take it over
Seattle-based Fisher Communications uses perhaps its strongest language to date in the proxy fight for control of its board. It alleges that FrontFour Capital Group wants to take over without paying a "control premium", thus shortchanging other shareholders.
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Fisher CEO faces dissident shareholder at a "forum" in New York
Colleen Brown, the CEO of Seattle-based Fisher Communications, will face off with David Lorber of FrontFour Capital at an unusual forum on Thursday, sponsored by investor Mario Gabelli. FrontFour is offering a slate of four new board members ahead of Fisher's May 11 annual meeting.
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Dissident Fisher stockholder slams "disastrous performance over past 5 years"
In a blistering letter to owners of Seattle-based Fisher Communications stock, FrontFour criticizes the track record of CEO Colleen Brown, while insisting that "we are not seeking to take control of Fisher for ourselves or for Huntingdon" Real Estate. There has been speculation that investor FrontFour's ultimate aim is to force Fisher to spin off i…
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Radio revenues up 8% at Seattle-based Fisher Communications
The nearly $500,000 gain in top line revenue came as cash flow from the radio operations dropped $312,000 to $1.1 million. Fisher says that is “the result of higher sales commissions, advertising and programming costs.” In the past, some Wall Street analysts have questioned the relatively small margins produced by Fisher, and in the latest quarter …
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Fisher CEO Colleen Brown tells broadcasters at BIA/Kelsey "it's okay to share" with competitors
Her well-received morning keynote included a line from her husband: “Why are you sharing so much information?” about Fisher’s strategy and methods. Her answer to her husband and the room at Day 2 of the BIA/Kelsey “Digital Strategies” seminar is that “a rising tide lifts all boats”, and that it’s “only through industry-wide collaboration” that medi… Read More
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