Does your school still have Channel One News?
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Houghton Mifflin/Channel One News tagged with '10-Q'

Channel One News is a youth marketing company whose main purpose is to get advertising to a captive audience of impressionable schoolchildren. The company loans a school TV equipment in exchange for the school’s contractual pledge to show students a daily, 12-minute, hyper-commercial, TV program called Channel One News. Students lose one hour a week of schools time, which equates to one lost week of instructional time (32 hours) per year. No educational organization endorses the use of Channel One News.

Channel One has fallen on very hard times. Once they claimed over 8 million students were under contract. Since 1997 they have continued to lose schools and now they claim “nearly five million” students and the true figure is probably lower.

In May 2014, publisher Houghton Mifflin Harcourt acquired Channel One from ZelnickMedia the makers of the ultra-violent Grand Thief Auto video game series. Houghton Mifflin did not disclose the purchase price.

At the end of 2014 most of Channel One’s full-paying advertisers have abandoned the program.

Channel One acquisition “not considered to be material”

August 14, 2014
Channel One acquisition “not considered to be material”

    HMH quarterly earnings conference call:  Progress made coming out of bankruptcy. Channel One News not mentioned by HMH CEO Linda Zecher. Channel One and other acquisitions will have “no impact” on company in short term. Total cash paid out for three companies, including Channel One: $9.5 million. (Channel One was sold for $240...
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Add three zeros.

September 19, 2010
Add three zeros.

Form 10-Q for ALLOY INC 9-Sep-2010 Quarterly Report Media Media segment revenue in the second quarter of fiscal 2010 was $14,993, an increase of $225, or 1.5%, from revenue of $14,768 in the second quarter of fiscal 2009. The increase was primarily due to increases in our Digital, Alloy Education and Display Board businesses...
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