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Media General Inc. Cl A (NY: MEG)
8.590 USD  +0.120 (+1.42%)
Streaming Delayed Price  /  Updated: 11:06 AM EDT, May 22, 2013  /  Add to My Watchlist      
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Blog posts about Media General Inc. Cl A
 
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Earnings: Media General Q2 Income In Free Fall; Interactive up 13.7 Percent, But Unit Swings To Loss
July 17, 2008
Here’s the latest rough newspaper quarter: Media General ( NYSE: MEG ) announced Q2 revenue of $204.8 million, a decrease of 10 percent from $228.2 million in the year-ago quarter. Operating income was... Read More
from paidContent
Earnings: Media General Q2 Income In Free Fall; Interactive up 13.7 Percent, But Unit Swings To Loss
July 17, 2008
Here’s the latest rough newspaper quarter: Media General ( NYSE: MEG ) announced Q2 revenue of $204.8 million, a decrease of 10 percent from $228.2 million in the year-ago quarter. Operating income was... Read More
from paidContent
This Week: Feds Slap Market's Fannie
July 15, 2008
from Wall Street Greek
Media General Cuts Workforce By Nearly 11 Percent; Online Rev Up 15.5 Percent But Not Enough
May 23, 2008
By the beginning of Q3, Media General ( NYSE: MEG ) says it will have dropped the equivalent of 750 full-time jobs from its payroll—saving an estimated $40 million—and added 60 in interactive. At the... Read More
from paidContent
Harbinger Nominees Elected To Media General Board
April 24, 2008
Harbinger, the activist fund going after Media General ( NYSE: MEG ), has successfully installed three representatives to the company’s board. The newspaper publisher announced the successful election... Read More
from paidContent
Earnings: Media General Q1 Net Loss Deepens; Revs Slide 11 Percent; Interactive Down
April 17, 2008
Media General ( NYSE: MEG ), locked in a bid to fend off an activist investor group, reported Q1 revenue of $194.4 million, 11 percent lower than the $218.2 million from the year-ago period. The... Read More
from paidContent
Top Media General Shareholder Gabelli Backs Harbinger Slate
April 16, 2008
It looks like everything is breaking in Harbinger’s direction, in its effort to get its slate on the Media General ( NYSE: MEG ) board. In a letter filed this morning, Mario Gabelli, a 22 percent... Read More
from paidContent
Media General Offers Wide Buyouts In Its ‘Crown Jewel’ Tampa Market; Move Attributed To Convergence
April 14, 2008
Media General ( NYSE: MEG ) has offered buyouts to half of its 1,326 Tampa Bay-based employees, just weeks after calling the Tampa market its “crown jewel.” Florida Communications Group president John... Read More
from paidContent
Media General Offers Wide Buyouts In Its ‘Crown Jewel’ Tampa Market; Movge Attributed To Convergence
April 14, 2008
Media General ( NYSE: MEG ) has offered buyouts to half of its 1,326 Tampa Bay-based employees, just weeks after calling the Tampa market its “crown jewel.” Florida Communications Group president John... Read More
from paidContent
Media General Rebuts Harbinger: Dealtaker To Be Accretive; Blockdot $8 Million 07 Revs
April 02, 2008
Media General ( NYSE: MEG ) has been knocked by activist investor Harbinger for misguided digital forays, such as its purchase of advergamer Blockdot and social shopper DealTaker. In an announcement... Read More
from paidContent
MEG Showdown: CEO Morton: ‘What We Are Is A Content Company’; Harbinger: ‘The Board Has Failed’
April 02, 2008
The New York Times Company ( NYSE: NYT ) has settled with Harbinger but the Media General ( NYSE: MEG ) beatdown goes on ... MEG CEO Marshall Morton says Media General is not a newspaper company, a... Read More
from paidContent
Newspaper Roundup: Goodwill Writedowns; Harbinger-NYTCo; Media General Warns
March 25, 2008
-- Lee Enterprises: E&P takes a look at the goodwill writedowns across the newspaper industry, as acquisitions have consistently failed to live up to plans. Every time there’s a goodwill writedown, the... Read More
from paidContent
quadrantONE Adds 138 Newspapers To Consortium; Expands To More Than 250 Members, Doubling Its Size
March 20, 2008
quadrantOne, the newspaper consortium backed by the New York Times Co ( NYSE: NYT ). and Tribune, Gannett ( NYSE: GCI ), Hearst, is adding 138 newspaper websites to the 26 who joined at its inception... Read More
from paidContent
Media General: Our Nominees Are Good, Harbinger’s Are Bad; 2007 Was Weak
March 19, 2008
Just as the NYTCo ( NYSE: NYT ) settled its differences with Harbinger, Media General is ratcheting up the war of words. In a letter sent to shareholders, filed with the SEC, the company lays it out:... Read More
from paidContent
Mario Gabelli To Host Neutral Ground Meeting For Media General And Harbinger
March 13, 2008
Mario Gabelli, a major shareholder of embattled newspaper publisher Media General ( NYSE: MEG ) has announced plans to hold a forum for both the company and the activist shareholders going after it.... Read More
from paidContent
Newspaper Roundup: Media General; Gannett; McClatchy, Journal Communications
February 28, 2008
Some fresh data for the first month of the year from a handful of newspapers… Note that two of them, Media General ( NYSE: MEG ) and Gannett ( NYSE: GCI ), have announced changes to the way they... Read More
from paidContent
Media General Also Says No To Harbinger Nominees
February 26, 2008
Harbinger’s move against Media General ( NYSE: MEG ) hasn’t got as much attention as its efforts at The New York Times Company, in part because the group hasn’t been upping its stake on a seemingly... Read More
from paidContent
Media General Acquiring Social Shopper DealTaker
February 25, 2008
And while media companies are rethinking the big comparison shopping sites within their portfolio, some are going small in their hunt. Newspaper publisher Media General ( NYSE: MEG ) is acquiring... Read More
from paidContent
Earnings: Media General Q4 Revs Fall 16 Percent; Interactive Jumps 36 Percent
January 31, 2008
Despite claims that it’s on a turnaround path, Media General’s ( NYSE: MEG ) latest quarterly report won’t do much to shake off the activist investors looking to make changes at the newspaper... Read More
from paidContent
Harbinger To Media General: Actions Not Hostile; No Reason To Be Puzzled
January 31, 2008
Harbinger, the activist hedge fund looking to gain board representation at both NYTCo ( NYSE: NYT ) and Media General ( NYSE: MEG ), has sent a letter to Media General CEO Marshall Morton responding to... Read More
from paidContent
Earnings This Week: Yahoo, Amazon, Google, NYT, Getty Images, Gannett
January 29, 2008
Earnings season, which first got going for us last week, not starts to pick up steam. A much anticipated report from Yahoo ( NSDQ: YHOO ) starts us off this afternoon, with Amazon ( NSDQ: AMZN ) and... Read More
from paidContent
More Details On Hedge Fund’s Efforts To Gain Seats At NYTCo Table
January 27, 2008
A little more light is being shed on the late Friday announcement that hedge fund Harbinger Capital Partners is nominating candidates for four seats on the board of The New York Times Company ( NYSE:... Read More
from paidContent
Hedge Fund Harbinger Moves Against NYTCo And Media General At Same Time; Wants Its Own Directors
January 27, 2008
Here comes another hedge fund with plans to shake up media companies it thinks are underachieving ... Harbinger Capital Partners has served notice that it wants a major say in running the New York... Read More
from paidContent
Hedge Fund Harbinger Moves Against NYTCo and Media General At Same Time; Wants Its Own Directors
January 25, 2008
Here comes another hedge fund with plans to shake up media companies it thinks are underachieving ... Harbinger Capital Partners has served notice that it wants a major say in running the New York... Read More
from paidContent
Newspaper Roundup: NYT/WSJ; Toronto Star; Media General; Belo
January 20, 2008
-- NYT and WSJ: Regular readers of the New York Times’ and Wall St. Journal’s websites probably couldn’t help noticing an Apple (NSDQ: AAPL) ad touting its Leopard operating system dominating the... Read More
from paidContent
Newspaper Roundup: NYT/WSJ; Toronto Star; Media General; Belo
January 18, 2008
-- NYT and WSJ: Regular readers of the New York Times’ and Wall St. Journal’s websites probably couldn’t help noticing an Apple (NSDQ: AAPL) ad touting its Leopard operating system dominating the... Read More
from paidContent
Newspaper Roundup: NYTCO, Media General Post Double-Digit Online Revenue Growth; Others Struggle
December 18, 2007
The New York Times ( NYSE: NYT ) Company’s latest monthly revenue figures showed the paper doing slightly better than its newspaper peers. A much smaller publisher, Media General ( NYSE: MEG )... Read More
from paidContent
Newspaper Downturn More Cyclical Than Secular; 8.9 Percent of ‘08 Revs Digital: Analyst
December 12, 2007
Credit Suisse analyst John Klim has produced a very long, detailed report on the newspaper industry, arguing that things aren’t as bad they seem. His boldest point is that the industry downturn is more... Read More
from paidContent
Newspaper Downturn More Cyclical Than Secular; 8.9 Percent of ‘08 Revs Digital: Analyst
December 12, 2007
Credit Suisse analyst John Klim has produced a very long, detailed report on the newspaper industry, arguing that things aren’t as bad they seem. His boldest point is that the industry downturn is more... Read More
from paidContent
Media General’s Rising Online Revs Fail To Offset Lower Political Ad Spend
November 21, 2007
Media General ( NYSE: MEG ) said online revenues grew 27.3 percent in October to $3.5 million from $2.8 million a year ago. Meanwhile, year-to-date, the Richmond, VA-based publisher’s interactive... Read More
from paidContent
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