Three More Papers Put Up Paywalls, With Some New Twists
As more newspapers roll out paywalls, they are looking for new types of content and services to entice readers, and are also turning to new…
Media general
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Media General Online Revs Rise; Zillow, Yahoo Help Boost Classifieds
While most of the pickup in online advertising spending this year has occurred on the national level, Media General’s Q3 earnings demonstrat…
Media General Posts Profit On (What Else?) Cost Cuts; Digital Revs Climb
Media General followed the newspaper publisher trend of reaching profitability through cost cutting in Q4, as publishing revenues in general…
Earnings: Media Gen Swings To Q4 Loss; Interactive Revs Rise 10 Percent
Media General (NYSE: MEG) posted a net loss for Q4 of $85.5 million ($3.86 per diluted share) on a pre-tax impairment charge of $130.4 mill…
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Earnings: Media General Reports Higher Q3 Earnings Aided By Politics, Olympics; Narrows Digital Loss
Looks like Media General (NYSE: MEG) reaped the most benefits possible from the politics-Olympics combo in Q3 but it will be a tough perform…
The Shares Also Rise: Newspapers Spike On Not-Terrible Losses; Digital Growth
For newspapers, any news that’s not terrible is considered a win… Take NYTCo (NYSE: NYT), which yesterday reported a 14 percent decline in…
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Earnings: Media General Q2 Income In Free Fall; Interactive up 13.7 Percent, But Unit Swings To Loss
Here’s the latest rough newspaper quarter: Media General (NYSE: MEG) announced Q2 revenue of $204.8 million, a decrease of 10 percent from $…
Media General Cuts Workforce By Nearly 11 Percent; Online Rev Up 15.5 Percent But Not Enough
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…
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Harbinger Nominees Elected To Media General Board
Harbinger, the activist fund going after Media General (NYSE: MEG), has successfully installed three representatives to the company’s board.…
Earnings: Media General Q1 Net Loss Deepens; Revs Slide 11 Percent; Interactive Down
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 t…
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Top Media General Shareholder Gabelli Backs Harbinger Slate
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 l…
MEG Showdown: CEO Morton: ‘What We Are Is A Content Company’; Harbinger: ‘The Board Has Failed’
The New York Times Company (NYSE: NYT) has settled with Harbinger but the Media General (NYSE: MEG) beatdown goes on … MEG CEO Marshall Mo…
Media General: Our Nominees Are Good, Harbinger’s Are Bad; 2007 Was Weak
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 s…
Harbinger Files Proxy For Media General Nominees; Bill Of Complaints Cites Digital Mistakes
Harbinger Capital has submitted its preliminary proxy statement in its attempt to get three nominees on the board of Media General (NYSE: ME…
Media General Acquiring Social Shopper DealTaker
And while media companies are rethinking the big comparison shopping sites within their portfolio, some are going small in their hunt. Newsp…
Earnings: Media General Q4 Revs Fall 16 Percent; Interactive Jumps 36 Percent
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 i…
Media General’s Rising Online Revs Fail To Offset Lower Political Ad Spend
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…
