media general

Newspaper Roundup: AP; McClatchy; Media General - 0 Comments
Posted By David Kaplan - Wed 20 Aug 2008 08:09 PM PST

-- AP: As expected, some newspapers are pulling out following the much-discussed rate changes for the co-op. At the same time, even papers getting a rate break are looking at…

10-Q Watch: McClatchy; Hollywood Media; Media General; Internet Brands; PlanetOut’s Sale Progress - 0 Comments
Posted By Joseph Weisenthal - Sun 10 Aug 2008 06:23 PM PST

From our we-kill-ourselves-so-you-don’t-have-to department, the mind-numbing details of some recently filed 10-Qs: -- McClatchy: Certain McClatchy (NYSE: MNI) internet properties are in decline. Last month, the company confirmed that it…

Earnings: Media General Q2 Income In Free Fall; Interactive up 13.7 Percent, But Unit Swings To Loss - 0 Comments
Posted By Joseph Weisenthal - Thu 17 Jul 2008 05:07 AM PST

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…

Media General Cuts Workforce By Nearly 11 Percent; Online Rev Up 15.5 Percent But Not Enough - 1 Comment
Posted By David Kaplan - Thu 22 May 2008 09:46 PM PST

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…

Harbinger Nominees Elected To Media General Board - 0 Comments
Posted By Joseph Weisenthal - Thu 24 Apr 2008 09:04 AM PST

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 of all three nominees,…

Earnings: Media General Q1 Net Loss Deepens; Revs Slide 11 Percent; Interactive Down - 0 Comments
Posted By Joseph Weisenthal - Thu 17 Apr 2008 04:35 AM PST

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…

Top Media General Shareholder Gabelli Backs Harbinger Slate - 0 Comments
Posted By Joseph Weisenthal - Wed 16 Apr 2008 04:23 AM PST

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…

MEG Showdown: CEO Morton: ‘What We Are Is A Content Company’; Harbinger: ‘The Board Has Failed’ - 0 Comments
Posted By Joseph Weisenthal - Tue 01 Apr 2008 01:49 PM PST

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…

Newspaper Roundup: Goodwill Writedowns; Harbinger-NYTCo; Media General Warns - 0 Comments
Posted By Joseph Weisenthal - Mon 24 Mar 2008 07:50 PM PST

-- 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…

Media General: Our Nominees Are Good, Harbinger’s Are Bad; 2007 Was Weak - 0 Comments
Posted By Joseph Weisenthal - Wed 19 Mar 2008 07:38 AM PST

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,…

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Harbinger Files Proxy For Media General Nominees; Bill Of Complaints Cites Digital Mistakes - 0 Comments
Posted By Joseph Weisenthal - Sat 08 Mar 2008 09:46 AM PST

Harbinger Capital has submitted its preliminary proxy statement in its attempt to get three nominees on the board of Media General (NYSE: MEG). The filing comes over a week after…

10-K Watch: Getty, Interpublic, IAC, Valueclick, Akamai, Navteq, Media General - 0 Comments
Posted By Rafat Ali - Mon 03 Mar 2008 05:32 PM PST

The world’s going crazy with 10-K’s...and we’re making it easy for you. Our motto, just in case you didn’t know: We kill ourselves, so you don’t have to. Some of…

Newspaper Roundup: Media General; Gannett; McClatchy, Journal Communications - 0 Comments
Posted By Joseph Weisenthal - Thu 28 Feb 2008 07:56 AM PST

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…

Media General Acquiring Social Shopper DealTaker - 0 Comments
Posted By Joseph Weisenthal - Mon 25 Feb 2008 11:13 AM PST

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 DealTaker.com,…

Earnings: Media General Q4 Revs Fall 16 Percent; Interactive Jumps 36 Percent - 0 Comments
Posted By Joseph Weisenthal - Thu 31 Jan 2008 08:44 AM PST

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…

Media General’s Rising Online Revs Fail To Offset Lower Political Ad Spend - 0 Comments
Posted By David Kaplan - Wed 21 Nov 2007 04:17 PM PST

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 segment was…