New Media Investment Group Inc. (NYSE:NEWM) Q1 2018 Earnings Conference Call - Final Transcript

May 03, 2018 • 10:00 am ET

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New Media Investment Group Inc. (NYSE:NEWM) Q1 2018 Earnings Conference Call - Final Transcript

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Q & A
Executive
Michael E. Reed

would stay where it is or potentially even go down a little bit because if there are no other buyers then the sellers will be price takers.

Analyst
Jason Bazinet

Interesting. Okay. Thank you.

Executive
Greg Freiberg

Hey, Jason. Sorry, its Greg. Little bit toward Mike said the one real difference between us and the private market value that he cited. We've really done and intend to focus around investing in the growth. And you see that every time we have an earnings call and the level of detail that we give for the initiatives and the performance of how we're doing. And I do think that's a big driver for that valuation difference, but I also think that's a big driver for the confidence we have that our business is going to generate hit that inflection point and not experience some of that stress that I think the other in our peer group would is performing in that manner.

Analyst
Jason Bazinet

Very interesting. Thank you.

Operator
Operator

There are no further questions at this time. Are there any closing remarks?

Executive
Ashley Higgins

No. Not today. Thank you very much for your help. Hope everybody has a nice day.

Operator
Operator

Ladies and gentlemen thank you for participating in today's conference call. You may now disconnect.