Company Profile For Media General, Inc.

Media General, Inc. (MEG.N) (New York Stock Exchange)
sector: Cyclical Consumer Goods & Services · industry: Media Diversified ·
As of  25 Nov 2009
9.20USD
Price Change
-0.02
Percent Change
-0.22%
 
 
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Overview

Media General, Inc. is an independent communications company with interests in newspapers, television stations and interactive media in the United States. The Company operates in three business segments: Publishing, Broadcast and Interactive Media. The Company owns 24 daily newspapers and more than 250 other publications, as well as 19 television stations. The Company also operates more than 75 online enterprises. During the fiscal year ended December 28, 2008 (fiscal 2008), the Company sold its one-third ownership stake in SP Newsprint Company to White Birch Paper Company.

Quick Financial Synopsis

BRIEF: For the thirty nine weeks ended 27 September 2009, MediaGeneral, Inc.'s revenues decreased 19% to $480.5M. Net loss from continuing operations decreased 88% to $63.1M. Revenues reflect decreased income from Publishing segment and lower revenue from Broadcast segment. Net loss was offset by a decrease in goodwill & other assets impairment charges, lower selling, general & administrative expenses and a fall in production cost.

Company Address

Media General, Inc.
333 East Franklin Street
Richmond   VA   23219
P: +1804.6496000
F: +1804.6496898

Total Employees

6900

Find Out More About MEG.N

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