Our Plan meets a critical need for our future - a capital structure that will significantly reduce our indebtedness and provide us with the financial flexibility and strength we need to achieve our growth objectives and remain a strong partner to the local businesses we are committed to supporting across the country. “We have made great strides in improving our print and digital product offerings and are seeing a positive response from the market. “Today’s developments are important milestones in our continued progress toward establishing a capital structure that will support our new strategy and enable our growth,” said Dex Media President and CEO Joe Walsh in a statement. Just enter a phone number in the field above to see who owns that number. YP provides an extensive white pages directory to help you do some sleuthing. Dex Media expects to pay its vendor bills in full.Įarlier this month, the company reached an agreement with creditors and, subsequently, more than 96% secured lenders voted to approve the plan. Find your mystery contact with a reverse phone lookup. Under the restructuring, Dex Media’s senior secured lenders will exchange their current $2.12 billion of claims for a new $600 million first-lien term loan, 100% of the equity of the reorganized company, subject to potential dilution from a management incentive plan and a cash distribution upon emergence from bankruptcy. The company’s unsecured creditors will receive a $5 million cash payment and warrants to purchase up to 10% of the post-reorganized equity. Complete with Business Listings, Email Marketing, Social Media and a personalized Data Feed Portal to Send Your Business information to over 100 of the largest web directories online. This is confusing, because we were Embarq printed by DEX and now Embarq is Century Link and. Dex One itself emerged as a new company in 2010 after the bankruptcy of R. is a comprehensive, digital, web based, online advertising agency. The Las Vegas Yellow Pages book, get a copy, view online. This will be the third bankruptcy for the company in less than 10 years.Īs part of a 2013 prepackaged bankruptcy-protected merger, Dex Media arose from the combination of Cary, N.C.-based Dex One and Dallas-headquartered Super Media. The marketing company provides online, mobile and printed yellow pages, as well as search tools to small and medium local businesses. And, I’d guess that usage has dropped off by more than that 50%…it’s just taking a while for us to see it in the book they put out.Dex Media, which has its origins in phone book publishing, filed for Chapter 11 protection Tuesday under a prepackaged bankruptcy plan. I haven’t seen their ledger, but you have to assume that’s a 50% drop in business for them…equating to at least a 50% drop in people looking at their books. Now, one 3 inch book is all that’s needed. In Denver, they used to put out 2 3 inch thick books…one for listings A-M, the other for N-Z. The yellow pages is dying…just look at the size of the books now. I’ve gotten about $500 in business from it. Capture and track all of the calls generated by your Yellow Pages ad with our complimentary Call Tracking Program. This year, I went with a single line ad in both books, costing again about $1000 for the year. Now my results reversed…I spent $3600 for the year, and took in about $1000. I also added on internet “extras” with their internet listing. In 2009, I pumped up the ad in the Boulder area to a dollar bill sized ad, and reduced my ad in the Denver book to a single line. I spent about $1000 for the year, and landed about $3000 in work, including a $1300 gig I still do one a year.
0 Comments
Leave a Reply. |