Friday, March 05, 2021

TIMBER MAKES NEWS (1947)

Timber industry and the use of timber in newsprint. Includes operations at Boyer Mill, rare details of tall timber felling and tree gantry, logging train, Bushy Park, Tarraleah and newsprint production.

Shot by Tasman Higgins (?) Made by Alexander Cann, United Documentary Films. Please be advised that this footage may contain words and descriptions that may be culturally sensitive, which reflect the attitude of the period in which the film was produced, and which may be considered inappropriate today. Tasmanian Archives: Film -TIMBER MAKES NEWS - Timber industry and use of timber in newsprint; operations at Boyer - includes timber felling, methods of period, ogging train, Bushy Park, Boyer Mill, Tarraleah, newsprint production.- black and white release print, sound – 20m 50s - Reference: AC672/1/219


Today in Labor History March 5th

British soldiers, quartered in the homes of colonists, took the jobs of working people when jobs were scarce. On this date, grievances of rope


makers against the soldiers led to a fight. Soldiers shot down Crispus Attucks, a black colonist, then others, in what became known as the Boston Massacre. Attucks is considered the first casualty in the American Revolution - 1770

United Shoe Workers of America merge with Amalgamated Clothing & Textile Workers Union - 1979

Tribune Publishing Reports Fourth Quarter and Full-Year 2020 Results

 




Digital content revenues increased 57.0% year-over-year
Net increase in cash of $36.7 million

CHICAGO, March 04, 2021 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced financial results for the fourth quarter and full year ended December 27, 2020. Unless otherwise noted, amounts and disclosures throughout this earnings release relate to continuing operations and exclude BestReviews LLC.

2020 Full Year Highlights:

  • Net increase in cash of $36.7 million compared to December 29, 2019
  • Reduced lease obligations by $51.1 million, pension obligations by $3.5 million and a capital lease (classified as debt) by $6.9 million
  • Digital-only subscribers increased 30.5% to 436 thousand at the end of the fourth quarter 2020, up from 334 thousand at the end of the fourth quarter 2019
  • Digital content revenues increased $16.5 million or 57.0%
  • Total operating expenses decreased $138.1 million compared to 2019
  • Loss from continuing operations increased to $46.8 million from $7.1 million in 2019 as a result of a non-cash impairment charges of $78.7 million
  • Q4 income from continuing operations was $1.4 million, which was an increase of $10.0 million year over year

Terry Jimenez, Tribune Publishing CEO and President, said, “Thanks to the efforts of all our staff and business partners, we continue to make significant progress in mitigating the negative impact of the COVID-19 pandemic and positioning the Company for a successful future. In 2020, we grew our digital-only subscribers to 436 thousand, an increase of 30.5% from last year, and our digital-only revenue grew $16.5 million or 57.0% from the prior year. Due to our prudent focus on expenditures, we were also able to reduce operating expenses by $138.1 million or 14.5% compared to 2019. We also reduced more than $60 million of lease and pension obligations while substantially increasing cash. Despite the challenges the pandemic has presented, we were able to grow Adjusted EBITDA over both the third and fourth quarters compared to the prior-year periods, with fourth quarter Adjusted EBITDA of $27.3 million improving 7.3% over 2019.

Mr. Jimenez continued, “Although 2020 presented challenges for the Company, our employees, our customers and our communities, the steps we took over the course of the year to rationalize our cost structure, significantly reduce future obligations, pursue digital growth and invest in high quality content enabled Tribune to create a platform to succeed for years to come."

"The journalism our newsrooms produce and the creative solutions our marketing teams deliver will remain core to our success. We are immensely proud of the positive impact our teams have in the communities we serve."

2020 Fourth Quarter and Full Year Results
Fourth quarter 2020 total revenues were $192.7 million, down $46.7 million or 19.5% compared to $239.3 million for fourth quarter 2019. Advertising revenue continued to face challenges in all categories and declined by $32.7 million. Circulation revenues decreased 3.4% or $3.1 million in the three months ended December 27, 2020, compared to the same period for 2019. Home delivery decreased $6.0 million and single copy decreased $2.6 million. These declines were partially offset by an increase of $5.4 million in digital subscription revenue driven by an increased number of digital subscribers and higher subscription rates per subscriber. Other revenue declined $10.8 million or 25.3%, of which $2.5 million was related to a decline in transition services provided to the California properties compared to the prior year following the expiration of that agreement in the second quarter.

Total operating expenses, including depreciation and amortization, in the fourth quarter of 2020 were $190.9 million, down 22.7%, compared to $246.9 million in the fourth quarter of 2019. Total operating expenses for the full year decreased $138.1 million from the prior-year period. These decreases resulted from the Company’s ongoing strong cost management, including a focus on the reduction of fixed costs.

Income from continuing operations was $1.4 million in the fourth quarter of 2020, compared to a loss of $8.6 million in the fourth quarter of 2019, driven partially by an improvement in revenue declines compared to the prior 2020 quarters and aggressive cost management. For the full year, the Company reported a loss from continuing operations of $46.8 million compared to $7.1 million in 2019

Adjusted EBITDA was $27.3 million in the fourth quarter of 2020, an increase of $1.9 million compared to $25.5 million in the fourth quarter of 2019. Full-year adjusted EBITDA of $71.8 million decreased $14.5 million or 16.8% from 2019.

For the full year ended December 27, 2020, capital expenditures totaled $10.1 million. Cash balance at December 27, 2020, was $98.9 million, which excludes $29.9 million of restricted cash reflected in long-term assets and reflects an increase of $36.7 million from December 29, 2019.

Segment Results
The Company assesses its operating segments in accordance with ASC Topic 280, “Segment Reporting.” Beginning with the first quarter of fiscal 2020, Tribune began managing its business as one business and one reportable segment. The prior periods have been restated to reflect the change in reportable segments.

2021 Outlook
For first quarter of 2021, the Company expects total revenues of $170 million to $172 million and Adjusted EBITDA of $22 million to $23 million.

Pending Acquisition by Alden Global Capital
As announced on February 16, 2021, Tribune has entered into a definitive merger agreement under which affiliates of Alden Global Capital (“Alden”) will acquire all of the outstanding shares of Tribune common stock not currently owned by Alden for $17.25 per share in cash. The Company continues to expect the transaction to close in the second quarter of 2021, subject to, among other things, the expiration or termination of the applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the approval of holders of two-thirds of Tribune common stock not owned by Alden, as well as other customary closing conditions. Upon completion of the transaction, Tribune will become a privately held company, and its common stock will no longer be listed on any public market.

Conference Call
In light of the pending transaction, the Company will not be hosting a conference call.

Non-GAAP Financial Information
Adjusted EBITDA, Adjusted Operating Expenses, Adjusted Income (Loss) from continuing operations attributable to Tribune common stockholders, and Adjusted Diluted EPS are not measures presented in accordance with generally accepted accounting principles in the United States ("U.S. GAAP" or "GAAP") and Tribune Publishing’s use of the terms Adjusted EBITDA, Adjusted Operating expenses, Adjusted Income(Loss) from continuing operations attributable to Tribune common stockholders, and Adjusted Diluted EPS may vary from that of others in the Company’s industry. Adjusted EBITDA, Adjusted Operating Expenses, Adjusted Income (Loss) from continuing operations attributable to Tribune common stockholders, and Adjusted Diluted EPS should not be considered as an alternative to net income (loss), income from operations, operating expenses, net income (loss) per diluted share, revenues or any other performance measures derived in accordance with U.S. GAAP as measures of operating performance or liquidity. Further information regarding Tribune Publishing’s presentation of these measures, including a reconciliation of Adjusted EBITDA, Adjusted Operating Expenses, Adjusted Income (Loss) from continuing operations attributable to Tribune common stockholders and Adjusted Diluted EPS to the most directly comparable U.S. GAAP financial measure, is included below in this press release.

Cautionary Statements Regarding Forward-looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based largely on our current expectations and reflect various estimates and assumptions by us. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties, which in some instances are beyond our control, include, without limitation, the acquisition of the Company by Alden Global Capital may not be completed in a timely manner or at all; the effect of the novel coronavirus ("COVID-19") and related governmental and economic responses; changes in advertising demand, circulation levels and audience shares; competition and other economic conditions; our ability to develop and grow our online businesses; changes in newsprint price and availability; our ability to maintain data security and comply with privacy-related laws; economic and market conditions that could impact the level of our required contributions to the defined benefit pension plans to which we contribute; decisions by trustees under rehabilitation plans (if applicable) or other contributing employers with respect to multiemployer plans to which we contribute which could impact the level of our contributions; our ability to maintain effective internal control over financial reporting; concentration of stock ownership among our principal stockholders whose interest may differ from those of other stockholders; and other events beyond our control that may result in unexpected adverse operating results. For more information about these and other risks see Item 1A (Risk Factors) of the Company’s most recent Annual Report on Form 10-K and in the Company’s other reports filed with the Securities and Exchange Commission.

The words “believe,” “expect,” “anticipate,” “estimate,” “could,” “should,” “intend,” “may,” “will,” “plan,” “seek” and similar expressions generally identify forward-looking statements. However, such words are not the exclusive means for identifying forward-looking statements, and their absence does not mean that the statement is not forward looking. Whether or not any such forward-looking statements, in fact occur will depend on future events, some of which are beyond our control. Readers are cautioned not to place undue reliance on such forward-looking statements, which are being made as of the date of this press release. Except as required by law, we undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

About Tribune Publishing Company
Tribune Publishing Company (NASDAQ:TPCO) is a media company rooted in award-winning journalism.  Headquartered in Chicago, Tribune Publishing operates local media businesses in eight markets with titles including the Chicago TribuneNew York Daily NewsThe Baltimore Sun,  Hartford Courant, South Florida's Sun Sentinel and Orlando Sentinel, Virginia’s Daily Press and The Virginian-Pilot, and The Morning Call of Lehigh Valley, Pennsylvania. In addition to award-winning local media businesses, Tribune Publishing operates Tribune Content Agency.

Tribune’s unique and valuable content across its brands have earned a combined 65 Pulitzer Prizes and are committed to informing, inspiring and engaging local communities. Tribune’s brands create and distribute content across our media portfolio, offering integrated marketing, media, and business services to consumers and advertisers, including digital solutions and advertising opportunities.

Investor Relations Contact:
Amy Bullis
Tribune Publishing Investor Relations
312.222.2102
abullis@tribpub.com

Media Contact:
Max Reinsdorf
Tribune Publishing Media Relations
847.867.6294
mreinsdorf@tribpub.com

Source: Tribune Publishing

Important Events From This day in History March 5th

 1960 - US Elvis Presley

1960 : Elvis Presley completes his two-year stint is discharged from the US Army.
 

1969 - US Jim Morrison
1969 : Jim Morrison was arrested by Dade County a few days after his performance in Miami. He was charged of one felony and three misdemeanors related to indecent behavior he displayed on stage.
 

1956 - US Segregation Laws
1956 : The US Supreme Court upholds a ban on racial segregation in state schools, colleges and universities, When the University of North Carolina appeals against an earlier ruling which ordered college officials to admit three black students to what was previously an all-white University.
 

1908 - U.S.A. School Fire
1908 : Unfortunately, 165 small lives were lost in a Cleveland, Ohio School Fire on this day. This event occurred at the Lake View School in Collingwood. It was thought at first that this tragedy had originated from the school furnace. However, later evidence had revealed that it actually started from beneath a hall stairway between the basement and first floor.
 


 



1920 - Requests To Join The Army
1920 : It was reported on this day that thousands of families had written the U.S. Government requesting that their sons be allowed to join the army. Upon enlistment, they would receive the quality education they would not otherwise receive as a result of living in an underdeveloped area of the country.
 

1929 - U.S.A. Car Show Fire
1929 : A fire had destroyed 320 cars that were displayed in an Auto Show. This unfortunate circumstance took place in Los Angeles, California.
 

1933 - U.S.A. Bank Holiday to Save Banks
1933 : To help stop the run on US banks U.S. President Franklin D. Roosevelt announced a four-day "bank holiday" . All U.S. banks would close effective March 6 to help stop Americans from withdrawing their money in panic which in turn caused more banks to collapse.
 

1946 - Winston Churchill Speech Condemning Communism
1946 : Winston Churchill delivers one of the first speeches condemning what he thought was a soviet Union bent on the expansion of communism in Europe and around the world, during the speech he coined the phrase "The Iron Curtain" which was then used by many future politicians.
 

1953 - Russia Joseph Stalin
1953 : Joseph Stalin, the Prime Minister of the Soviet Union and the supreme chief of the Communist Party died.
 


1962 - Canada Income Tax Changes
1962 : On this day, the income tax structure of Canada was evaluated. Examination of the current tax system of this country was agreed upon, and will be carried out by the royal commission.
 

1963 - Canada Income Tax Changes
1963 : The Hula-Hoop, first marketed by Wham-O in 1958, is patented by the company's co-founder, Arthur "Spud" Melin.
 

1966 - West Germany Cold Weather Tests
1966 : A West German Army cold-weather engineering test was completed, and 90 members were scheduled to come home as of the following weekend. These cold weather tests had lasted approximately three months. Some of the artillery that was tested during these experiments included the Leopard Battle Tank, a tank destroyer, and an anti-tank guided missile carrier. An infantry fighting vehicle was also being tested. The temperatures at which war equipment was tested were for the most part below zero, reaching as low as 50 degrees.
 

1966 - Japan Plane Crash Mount Fuji
1966 : A BOAC British Boeing 707 crashed on Mount Fuji, Japan killing all 124 on board.
 

1966 - USA Schools
1966 : A local Brand school district spending cap was expected to be over a million dollars in the current year. That was a $28,000 increase from the previous year.
 

1973 - France Mid Air Collision
1973 : A mid air collision between two Spanish aircraft over France happens when air traffic controllers are on strike, leaves 68 dead.
 

http://www.thepeoplehistory.com/march6th.html

1977 - U.S.A. Dial-A-President
1977 : This was the beginning of the radio program called “Dial-A-President”. This program only aired once, but it had opened the door for two of the shows callers to contact the president (Jimmy Carter).
 

1984 - U.S.A. William Powell
1984 : Actor William Powell, who is most known for his detective role in “Thin Man” movies, passed away. He was 91 years old at this time. Powell co-starred along with Myrna Loy, with whom he was a detective couple in the above-mentioned motion picture productions (“Thin Man”). Powell also had previously played a villain in silent movies.
 

1991 - Iraq Prisoners Returned
1991 : Iraqis turn over 35 prisoners of war, including 15 Americans, to the Red Cross in Baghdad.
 

1993 - Canada Ben Johnson Life Ban
1993 : The former Canadian Olympic sprinter, Ben Johnson, is banned from athletics for life after failing a drugs test for a second time. Johnson had won the 100m at the Seoul Olympics in 1988 in a new world record time of 9.79 seconds but was subsequently stripped of his medal after testing positive for performance-enhancing drugs.
 

1997 - Korea Peace Talks
1997 : Representatives of North Korea and South Korea met for first time in 25 years, for peace talks in New York.
 

2004 - U.S.A. Martha Stewart
2004 : Martha Stewart is convicted of the felony of obstructing justice and lying about why she'd unloaded her Imclone Systems Inc. stock just before the price plummeted. She had originally been accused of insider trading when she sold her stock days before the announcement that Imclone Systems Inc application for the new drug Erbitux was denied.
 

2006 - AT & T Rebuilds
2006 : AT&T Inc. announced it was buying Bell South Corp. a significant step toward resurrecting the old AT&T, which was broken up into eight separate companies, as a result of antitrust proceedings by the U.S. Justice Department in 1984.
 

2006 - Chirac Addresses Saudi Parliament
2006 : The French President Jacques Chirac becomes the first non-Arab leader to address Saudi Arabia's Shura, or consultative assembly. The Shura had been set up to ease the country's earlier political systems, and Chirac has lent support for King Abdullah's reforms. It's possible that the king's allowance of a foreign speaker shows that his intentions of reform are ongoing.
 

2007 - North Korea and the United States hold talks in New York
2007 : U.S. and North Korea have started talks aimed at normalizing diplomatic ties. This was arranged as part of an agreement in which Pyongyang has pledged to scrap its nuclear arms programs for aid. These talks mark the highest-level meeting on U.S. soil since North Korea's Kim Jong-il sent a top envoy to Washington in 2000. The North Korean envoy, Kim Kye-gwan, and the Assistant Secretary of State, Christopher Hill, have discussed ways of resolving the problems that the two countries have had since the 1950-53 Korean War. President Bush had labeled North Korea part of the 'axis of evil' in 2002. Antipathy to the United States has always been a core element in Pyongyang's international relations. Despite this, Kim Kye-gwan's meetings are said to have shown a 'sea change in tone and substance' in comparison to other recent exchanges. The unofficial meeting, which was attended by eight North Koreans and fifteen Americans, included Victor Cha of the U.S. National Security Council.
 

2008 - Brett Favre Retires
2008 : Brett Favre ( 38 ) the quarterback for the Green Bay Packers has announced his retirement. He has achieved a number of records including most touchdown passes (442) and most passing yards (61,655) and started 275 consecutive games, including the playoffs, a quarterbacks record. Update 2010 -- Came out of retirement and currently the quarterback for the Minnesota Vikings.
 

2010 - Canada will not be making its national anthem more gender-inclusive
2010 : Canada has dropped the proposals to make the country's national anthem more gender-inclusive. The government had originally said it was open to changing O Canada's 'in all thy sons command' back to the original version of 'thou dost in us command.' Opposition Liberals have said that the proposed change was merely a gimmick and has proved that the ruling Conservatives were not serious about women's rights. Public outcry was so strong that the Prime Minister, Stephen Harper, dropped the idea.
 

2012 - Two Tibetan Women Die from Self-Immolation
2012 : Two Tibetan women have reportedly died after suffering injuries due to self-immolation. One woman was a student who had set her self on fire in protest while in the Maqu county of the Gansu province. The other woman was a mother of four children who had set herself on fire in protest while in Aba in the Sichuan province. The number of self-immolations has increased recently in the Tibetan areas of China as a protest over Chinese rule in the region.
 

2013 - Venezuela President Chavez Dies
2013 : Hugo Chavez, the controversial president of Venezuela, died at the age of fifty-eight after battling cancer. A new president would be chosen in the country after elections to take place within thirty days after his death.
 

2014 - Kenya Taxi Drivers Protest Fees
2014 : Traffic in Kenya's capital Nairobi came to a standstill as taxi operators barricaded streets in protest against the raising of parking fees in the city. Public transportation had a difficult time running and many commuters had to walk to their destinations.

Thursday, March 04, 2021

Los Angeles County Covid-19 Trends March 4th

                 NEW CASES           DEATHS      HOSPITALIZATIONS

1ST                 987                            32                          1,578

2ND             1,407                            91                          1,502

3RD             1,759                           116                         1,479

4TH             2,253                           119                         1,401   

Thursday Night in the Blogosphere


  The possible sale of the Los Angeles Times is growing weekly













Patrick Soon-Shiong under financial pressure. Deals to sell the LA Times look more likely - Poynter

Baosheng Media Group Holdings Limited Announces Full Exercise of Underwriters’ Over-Allotment Option

 





Beijing, China, March 03, 2021 (GLOBE NEWSWIRE) -- Baosheng Media Group Holdings Limited (the “Company”) (Nasdaq: BAOS), a China-based online marketing solution provider, today announced the underwriters of its initial public offering ("Offering") have exercised in full their option to purchase an additional 900,000 ordinary shares at a public offering price of $5.00 per share to cover overallotments. Gross proceeds of the Company's initial public offering, including the exercise of the overallotment, totaled $34.5 million, before deducting underwriting discounts and other related expenses. The ordinary shares began trading on the Nasdaq Capital Market on February 8, 2021 under the ticker symbol “BAOS”.

Proceeds from the Offering will be used for expanding the Company’s business scale and securing authorized agency status of additional media, building its own network of key opinion leaders, expanding its manpower and talent pool, and for general working capital purposes.

The Offering was conducted on a firm commitment basis. Univest Securities, LLC acted as the representative of the underwriters and sole book-running manager for the Offering. Hunter Taubman Fischer & Li LLC acted as counsel to the Company, and Ortoli Rosenstadt LLP acted as counsel to Univest Securities, LLC in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission (“SEC”) (File Number: 333-239800) and was declared effective by the SEC on February 5, 2021, and a registration statement filed pursuant to Rule 462(b) (File No. 333- 252826) which increased the number of registered shares from 5,000,000 to 6,000,000 became effective upon filing with the SEC. The Offering was made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Univest Securities, LLC, by email at IBAssistDesk@univest.us or standard mail to Univest Securities, LLC, Attn: 375 Park Avenue, 15th Floor, New York, NY 10152. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC's website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

About Baosheng Media Group Holdings Limited

Baosheng Media Group Holdings Limited, headquartered in Beijing, China, is an online marketing solution provider in China. The Company advises advertisers on online marketing strategies, offers value-added advertising optimization services and facilitates the deployment of online ads of various forms such as search ads, in-feed ads, mobile app ads and social media marketing ads. The Company is dedicated to helping its advertiser clients manage their online marketing activities with a view to achieving their business goals. For more information, visit the company’s website at http://ir.bsacme.com/.

About Univest Securities, LLC

Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally including brokerage and execution services, sales and trading, market making, investment banking and advisory, wealth management. It strives to provide clients with value-add service and focuses on building long-term relationship with its clients. For more information, please visit: www.univest.us.

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

Ascent Investors Relations LLC
Tina Xiao
President
Phone: 917-609-0333
Email: tina.xiao@ascent-ir.com

Today in Labor History March 4th

In his inaugural address, President Thomas Jefferson declares: “Take not from the mouth of labor the bread it has earned.” - 1801


President William Howard Taft signs legislation creating the Department of Labor. Former United Mine Workers Secretary Treasurer William B. Wilson is named to lead the new department - 1913

President Franklin D. Roosevelt names a woman, Frances Perkins, to be secretary of labor. Perkins became the first female cabinet member in U.S. history - 1933

Machinists strike Eastern Airlines, are soon joined by flight attendants and pilots in the nationwide walkout. Owner Frank Lorenzo refuses to consider the unions’ demands; Eastern ultimately went out of business - 1989

Australia passes news media bargaining code

The Australian Parliament on Feb. 25 voted to pass the Australian Competition and Consumer Commission (ACCC) news media bargaining code, which requires the dominant tech platforms to negotiate with and compensate news publishers in Australia for use of their content online.

The News Media Alliance has a reaction here.

Both Facebook and Google have been making deals with Australian publishers, The Drum and others reported. Starting Feb. 17, Facebook had put a blockade on sharing news on its platform in Australia in response to the bargaining code, but went back on its move the next week.

News & Tech

Important Events From This day in History March 4th

 1933 - U.S.A. Franklin D. Roosevelt

1933 : Franklin D. Roosevelt was inaugurated as the 32nd president of the United States pledging to lead the country out of the Great Depression.
 

1936 - Germany Hindenburg First Official Flight
1936 : The Hindenburg makes it's first official flight in Germany. The Hindenburg built by the Zeppelin Company was 804 ft long filled with highly inflammable hydrogen to provide the lift and four 1,200 hp Daimler-Benz diesel engines giving the airship a maximum speed of 135 km/h (84 mph). To put this in context The Hindenburg was three times the length of a current Jumbo Jet and could carry less than 100 people including passengers and crew. ( Jumbo Jet carries circa 500 including passengers and crew )
 

1987 - U.S.A. Iran Contra Affair
1987 : President Ronald Reagan addressed the nation on the Iran-Contra affair, acknowledging that talks with Iran had turned into an arms for hostages negotiation.
 

1989- U.S.A. Time Inc. and Warner Merge
1989 : Time Inc. and Warner Communications Inc. announce plans to merge into the world's largest media and entertainment conglomerate.
 

 



1801- U.S.A. Thomas Jefferson
1801 : Thomas Jefferson who had been the principal author of the Declaration of Independence in 1776 became the Third President of the United States.
 

1793 - U.S.A. George Washington
1793 : The Electoral College elected Washington unanimously for a second term and on This Day 1793 he was inaugurated for a second term in the Senate Chamber of Congress Hall in Philadelphia, PA with John Adams as Vice President.
 

1902 - U.S.A. Triple AAA Started
1902 : A very useful company called AAA (American Automobile Association) was founded on this day. Before this time, other companies dealing with automobile concerns had existed. However, none of them seemed to last, and to this date AAA is one of the largest automobile organizations established.
 

1920 - U.S.A. Volstead Act
1920 : By this time the Volstead Act and the 18th Amendment were passed. Both of these pieces of legislation covered various aspects of alcohol prohibition, and a motion was filed to declare these laws unconstitutional. The 18th Amendment was passed by Congress as early as 1917, and the Volstead Act was passed in 1919. These were finally declared unconstitutional in the year 1933. FAQ About Prohibition
 

1925 - U.S.A. Surplus Sales
1925 : Even during this time in history surplus military goods were being offered. In this case, about $150 million dollars worth of Navy goods were being offered to citizens of Charleston.
 

1952 - U.S.A. The Old Man and the Sea
1952 : Ernest Hemingway had finished a novel entitled The Old Man and the Sea on this day. This book had one the Pulitzer prize about a year later (1953) Unfortunately, Hemingway had committed suicide in the year 1961, making The Old and the Sea Hemingway’s last major work of fiction created.
 


1954 - US Warns Spread of Communism
1954 : The U.S. Secretary of State John Foster Dulles had stated a warning about communism around the world. He mentioned the possibility of it spreading to the Western Hemisphere, and in fact communism had at this time. One of the main focuses was the leftist government of Guatemala. This was one of the main areas where the communist has been known to already take root. Dwight D. Eisenhower was also convinced of the spread of communism in this area, and took the stand that it should be eliminated.
 

1962 - Mozambique Plane Crash
1962 : A total of 111 people riding aboard the British DC-7C airliner had lost their lives when it crashed. This tragedy occurred a little over a mile past the takeoff runway as it began its trip from Lourenco Marques Mozambique.
 

1965 - U.S.A. Films Highlighting Poverty
1965 : Nun sisters from the Franciscan Order of Nuns showed films of their convents, orphanages, and other centers located in U.S., Canada, and foreign lands. One of the films dealt with the subject of treating paralysis and poverty in North America. Other films touched on different subjects that had affected hospitals located in various poor districts around the world. During the film presentation, students were informed about how they could help fight against poverty by joining different organizations such as the Peace Corps.
 

1966 - UK John Lennon Quote Upsets America
1966 : John Lennon is interviewed by Maureen Cleave of The London Evening Standard and part of his interview talks about popularity of THE BEATLES and he is quoted as saying "Christianity will go. It will vanish and shrink. I do not know what will go first, rock 'n' roll or Christianity...We're more popular than Jesus now" . The quote repeated later in America upsets The American Bible Belt who protested in the South and Midwest, and conservative groups staged public burnings of Beatles' records and memorabilia. Radio stations banned Beatles music and concert venues cancelled performances.
 

1969 - England The Kray Twins
1969 : The Kray twins, Ronald and Reginald, are found guilty of the murder of Jack McVitie at the Old Bailey, and face life imprisonment.
 

http://www.thepeoplehistory.com/march5th.html

1975 - England Charlie Chaplin
1975 : At 86 years old and confined to a wheelchair actor and comedian Charlie Chaplin was knighted by Queen Elizabeth to become Sir Charles Chaplin.
 

1976 - England Maguire Family Convicted
1976 : A 40-year-old Irish born mother Anne Maguire is jailed for 14 years for possessing explosives at her London home.
 

1980 - Zimbabwe Robert Mugabe
1980 : Robert Mugabe wins election to become Zimbabwe's first black prime minister.
 

1989 - England Train Crash
1989 : A train travelling from Horsham to London was hit from behind by another train going from Littlehampton to London at Purley in Surrey with six people dead and 80 injured.
 

1994 - US Extremists Found Guilty
1994 : Four Muslim Extremists are convicted of the World Trade Center bombing on February 26th, 1993.
 

2005 - U.S.A. Martha Stewart
2005 : Martha Stewart is released from a federal prison near Alderson, West Virginia, after serving five months for lying about her sale of ImClone stock in 2001.
 

2005 - United Nations Africa and Aids
2005 : United Nations releases a report that warns that unless action is taken the HIV virus could become an epidemic in Africa with up to 90 million Africans infected. The current number is an estimated 22 million adults and children ( or 5% of the population ) were living with HIV in sub-Saharan Africa.
 

2006 - George Bush in Pakistan
2006 : George Bush has thanked Pakistan for its role in the War on Terror, but said that more would be needed if al-Qaeda was to be defeated. Visiting Pakistan for 24-hours, President Bush has reaffirmed his country's 'broad and lasting strategic partnership' to the Islamic State, and the Pakistani President has said he looked forward to a new era of cooperation between his country and the U.S. There was no evidence that America would be providing the same sort of nuclear assistance that had just been given to India.
 

2007 - Iranian Protesters Arrested
2007 : Iran has arrested more than thirty-two of the women who were protesting outside one of Tehran's courthouses. The protesters were complaining about the five women who are on trial for organizing a protest against laws they say are discriminatory against women. These five have been charged with endangering national security, propaganda against the state and taking part in an illegal gathering. The pressure group, Human Rights Watch, has urged an end to their prosecution, and said that the women were only exercising their right to freedom of assembly.
 

2007 - Kuwaiti Government Resigns
2007 : State television has reported that the government of Kuwait has submitted its resignation to the country's emir. This move comes ahead of a vote of no-confidence in one of its senior ministers. The Health Minister Sheikh Ahmad Abdullah al-Sabah, who is a member of the royal family, had faced accusations of mismanagement and incompetence. The government, which has been in office for eight months, had reportedly failed to secure enough support to avoid defeat in one of its polcies.
 

2008 - England YouTube Content Criticism
2008 : YouTube is facing criticism and possibly criminal charges for making it too easy for people to upload violent or sexually explicit content to the Internet. A three-minute video showing a mother from South London being sexually assaulted by three boys after her drink had been spiked was seen by 600 viewers on YouTube before it was taken off line. YouTube has said it is impossible to review every video posted, but if a visitor sees content they believe is inappropriate, they can flag it and it will be reviewed.
 

2008 - McCain Nominated Republican Candidate for President
2008 : Senator John McCain has clinched the Republican presidential nomination from his rival Mike Huckabee. McCain, 71, has surpassed the requisite 1,191 Republican delegates as voters in Ohio, Vermont, Rhode Island and Texas allowed him to cross the necessary threshold. The four-term Arizona senator is preparing to carry the Republican banner for November's presidential election.
 

2008 - Dungeons and Dragons Creator Dies
2008 : Gary Gygax, the co-creator of Dungeons and Dragons, has died at the age of 69. Gygax, who had developed the game in 1974, had been suffering from health problems for several years. Dungeons and Dragons and its associated video games, books and films have been enormously successful. He has written a number of fantasy books, which include the Greyhawk series of adventure novels. He died at his home in Lake Geneva, Wisconsin, leaving a wife and six children.
 

2009 - Ted Kennedy Knighted
2009 : Ted Kennedy has been offered an honorary knighthood. The Queen has agreed the honor for John F. Kennedy's brother for his services to the Northern Ireland peace process. Gordon Brown will be announcing the award during his March 5th address to both houses of Congress.
 

2011 - Mexican Soldiers Charged With Drug Trafficking
2011 : Thirteen Mexican soldiers were charged with illegally trafficking drugs to Tijuana a city on the United States border. They were caught with almost a ton of methamphetamine as well as thirty kilograms of cocaine. The Mexican ministry of defense declared that it would not tolerate such acts in a country that has been battling with drug trafficking and gangs for years and that the soldiers were to be tried in a military court.
 

2012 - Poland Train Collision Kills Many New Szczekociny
2012 : A train accident involving the collision of two express trains near the southern town of Szczekociny, Poland killed some sixteen people while injuring another fifty-eight. One of the trains was on the wrong track when the collision occurred.
 

2012 - Putin Declares Victory in Russian Presidential Election
2012 : Former president and prime minister of Russia, Vladimir Putin, has declared an election victory to the country's presidential office after polling results indicated he had around sixty percent of the vote. Putin had served two terms as the country's president before spending four years as the prime minister. Opposition and protesters declared the elections wrought with fraud and called for mass protests against the results.
 

2013 - US Baby with HIV Cured
2013 : Doctors announced that they believed that they successfully cured an infant born with HIV after administering early treatment. The child, now two and a half years in age, had been off medication for a year without showing any signs of the disease.
 

2014 - New Zealand Duke and Duchess Refused By Maori King
2014 : Maori King Tuheitia refused to meet with the Duke and Duchess of Cambridge for their upcoming tour of New Zealand. The King said that the ninety minutes that would have been allotted for their meeting was not nearly enough time. He also stated that he did not want to be treated like a cultural carnival act, only to be brought out for show.
 

2014 - United States Presidential Inaugurations (Pre-1953)
2nd John Adams 1797 to 1801
3rd Thomas Jefferson 1801 to 1809
4th James Madison 1809 to 1817
5th James Monroe 1817 to 1825
6th John Quincy Adams 1825 to 1829
7th Andrew Jackson 1829 to 1837
8th Martin Van Buren 1837 to 1841
9th William Henry Harrison 1841 to April 4, 1841 ( Died in Office )
11th James K. Polk 1845 to 1849
12th Zachary Taylor 1849 to July 9th 1850 ( Died in Office )
14th Franklin Pierce 1853 to 1857
15th James Buchanan 1857 to 1861
16th Abraham Lincoln 1861 to April 15th 1865 ( Assassinated )
18th Ulysses S. Grant 1869 to 1877
19th Rutherford B. Hayes 1877 to 1881
20th James A. Garfield 1881 to September 19th 1881 ( Assassinated )
22nd Grover Cleveland 1885 to 1889
23rd Benjamin Harrison 1889 to 1893
24th Grover Cleveland 1893 to 1897
25th William McKinley 1897 to September 14th 1901 ( Assassinated )
27th William Howard Taft 1909 to 1913
28th Woodrow Wilson 1913 to 1921
29th Warren G. Harding 1921 to August 2nd 1923 ( Died in Office )
31st Herbert Hoover 1929 to 1933
32nd Franklin D. Roosevelt 1933 to April 12th 1945 ( Died In Office )
The following were not inaugurated on March 4th for differing reasons including natural death, assassinations etc of previous president causing change in date

1st George Washington April 30th 1789 to 1797
10th John Tyler April 4th 1841 to 1845
13th Millard Fillmore July 9th 1850 to 1853
17th Andrew Johnson April 15th 1865 to 1869
21st Chester A. Arthur September 19th 1881 to 1885
26th Theodore Roosevelt September 14th 1901 to 1909
30th Calvin Coolidge August 2nd 1923 to 1929
33rd Harry S. Truman April 12th 1945 to January 20th 1953
In 1953 the date for Presidential Inaugurations was changed to January 20th. Check January 20th for later Presidential Inaugurations.