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

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 of operating income for the first quarter of 2012 compared with an operating loss of $4.2 million for the same period last year.  The company’s total revenue for the quarter was $150 million, up 0.
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Media General Posts 11.7% Revenue Decline

Media / Television Industry : TVSpy (3 years ago)

Media General, which owns 18 TV stations as well as 21 daily newspapers, today reported a double-digit decline in fourth quarter revenue. The company’s revenue for the period totaled $168 million–11.7% less than last year’s Q4. The ... Read Post

Q3 Earnings: Media General Station Net Revenue Down 16%

Media / Television Industry : TVSpy (9 months ago)

Media General reported a $78.5 million in station net revenue for the third quarter of 2013, 16.4% drop compared to the year-ago quarter. As with other station groups, the decline was attributed to a drop in both political and Olymp... Read Post

Q2 Earnings: Meredith Local Media Group Revenue Up 20%

Media / Television Industry : TVSpy (11 hours ago)

Meredith reported $111 million in Local Media Group revenues for the second calendar quarter (fiscal fourth quarter) of 2014, an increase of 20 percent compared to the year-ago quarter. Operating profit for the quarter was $25 milli... Read Post

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