Tag Archive

View Post

Media General Pays Employees Back for Furloughs

By Kevin Eck on Dec. 12, 2012 - 11:09 AM

Media General will be playing Santa this year for employees who were forced to take unpaid time off in 2011, according to Broadcasting & Cable. In an internal memo posted to B&C’s website, president and chief executi ...

Media General Reports 42% Revenue Increase in Q3

By Merrill Knox on Oct. 17, 2012 - 12:43 PM

Media General reported a net loss for the third-quarter of 2012, but said revenue grew nearly +42% due to an increase in political ads and the Summer Olympics. “Political revenues totaled nearly $20 million and reflected the ...

George Mahoney Tapped to Lead Media General

By Merrill Knox on Aug. 23, 2012 - 11:52 AM

Media General president and CEO Marshall Morton will retire at the end of this year, the company has announced. He will be succeeded by George Mahoney, who is currently vice president of growth and performance at Media General. In ...

Media General Reorganizes TV Stations Into Two Regional Units

By Merrill Knox on Jul. 2, 2012 - 1:02 PM

After selling its newspaper assets, Media General has announced a corporate restructuring that elevates James Conschafter and John Cottingham to key leadership roles for the company’s television stations. The company’s ...

Aiming to Focus on TV, Media General Sells Newspapers to Berkshire Hathaway

By Andrew Gauthier on May. 17, 2012 - 10:30 AM

Media General is selling off its struggling newspapers. The company today announced a deal with Berkshire Hathaway for the purchase of all of its newspapers, with the exception of its Tampa group, which includes The Tampa Tribune, ...

Media General’s TV Stations Help Company to First Quarter Improvement

By Andrew Gauthier on Apr. 18, 2012 - 12:58 PM

Media General’s 18 TV stations helped offset the financial struggles of its 23 newspapers in the first quarter of this year, the company announced today in its quarterly earnings report. Media General reported $3.2 million o ...

Media General Reports Dip in Q2 Revenue

By Andrew Gauthier on Jul. 21, 2011 - 3:51 PM

Media General, which announced in June that it would be requiring employees to take 15 furlough days by the end of the year, this week reported a dip in second quarter revenue. The company, which owns 18 stations across the countr ...

Media General Requiring Employees to Take 15 Furlough Days Before End of the Year

By Andrew Gauthier on Jun. 23, 2011 - 4:57 PM

Calling it “a sign that traditional media business models continue to be in transition,” Media General CEO Marshall Morton announced to staff on Thursday that the company is requiring its employees to take 15 furlough ...

Media General Reports Slight Dip in First Quarter

By Andrew Gauthier on Apr. 20, 2011 - 10:12 AM

Media General, which operates 18 stations focused mainly in southeastern markets, announced today that first quarter TV revenue had dropped 2.6% compared to the same period last year. In its earnings report, Media General pointed ...

Get TVSpy delivered straight to your inbox