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Investments | 12 Months Ended
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Dec. 29, 2013
Equity Method Investments and Joint Ventures [Abstract] |
Investments | Investments The company’s investments include several that are accounted for under the equity method. Principal among these are the following:
| % Owned Dec. 29, 2013
Wanderful Media, LLC | 12.73%
Ponderay Newsprint Company | 13.50%
Captivate Holdings, LLC | 18.00%
California Newspapers Partnership | 19.49%
4Info | 24.53%
Livestream | 26.03%
Classified Ventures (1) | 26.90%
Pearl, LLC | 32.10%
HotelMe, LLC | 32.14%
Homefinder.com | 33.33%
Topix | 33.71%
Garnet Media | 34.00%
Texas-New Mexico Newspapers Partnership | 40.64%
Tucson Newspaper Partnership | 50.00%
(1) | The acquisition of Belo increased the ownership percentage in Classified Ventures from 23.6% to 26.9%.
The aggregate carrying value of equity investments at Dec. 29, 2013, was $164.9 million. Certain differences exist between the company’s investment carrying value and the underlying equity of the investee companies principally due to fair value measurement at the date of investment acquisition and due to impairment charges recorded by the company for certain of the investments. The company’s net equity income in unconsolidated investees included impairment charges related primarily to certain digital business investments for 2013, 2012 and 2011 of $0.7 million, $7.0 million and $15.7 million, respectively. The company also recorded revenue related to Classified Ventures and Homefinder.com products for online advertisements placed on its publishing affiliated digital platforms. Such amounts totaled approximately $98.3 million for 2013, $90.2 million for 2012 and $82.7 million for 2011. These revenues are recorded within Publishing Segment advertising revenue.

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- Definition The entire disclosure for investments, including all tables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 6 -Section 10 -Paragraph (c) -Subparagraph (1) + Details
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