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General Media News

News on General Media (Ticker: MEG) continually updated from thousands of sources around the net.

Friday | Richmond Times-Dispatch

Virginia business briefs for Feb. 11

The VCU Health System has been named to the 2012 Top 10 list of nonprofits for executive women by the National Association for Female Executives .

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Related Topix: Henrico County, VA, Home, Mortgage, Personal Finance

Friday Feb 10 | Media General

Announces Short-Term Bridge Amendment to Existing Credit Agreement

Media General, Inc. , a multimedia provider of broadcast television, digital media and print products, today announced that the company has completed the first step in the refinancing process with its lender group, reaching agreement for a short-term bridge amendment to its existing credit agreement.

Comment?

Wed Feb 01, 2012

Wall St. Cheat Sheet

Earnings Preview Watch: New York Times and THQI on Deck

The New York Times Company will unveil its latest earnings on Thursday, February 2, 2012.

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Related Topix: Publishing, Media, New Times, Gannett Co, McClatchy, The McClatchy Company, News Corporation

Sun Jan 29, 2012

Cvillenews.com

Media General in Debt Trouble

Remember the UVA Law student who invented a story of how he was racially profiled and humiliated by UVA police? He's been acquitted of honor code violations .

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Related Topix: West Monroe, LA

Sat Jan 28, 2012

GuruFocus.com

Media General: Any Juice in this Lemon?

Media General reported Q4 2011 earnings on Thursday, January 26 2012. The company actually performed well relative to expectations but as typical with MEG's imbecilic management team, was able to steal defeat from the jaws of victory by citing concerns regarding its ability to remain within compliance of its covenants in 2012.

Comment?

Fri Jan 27, 2012

Wall St. Cheat Sheet

Services Sector Review: Netflix Rockets, J.C. Penny Rebounds

Netflix, Inc. : Netflix is much more concerned about TV Everywhere and similar services than over-the-top pure players like Amazon Prime and Hulu Plus , according to a letter to shareholders sent following its Q4 earnings, reported The Next Web.

Comment?

Related Topix: Fox Interactive Media, JC Penney, Retail, Netflix, Startups, Amazon, Cable & Satellite, Telecom, ATT

Thu Jan 26, 2012

Richmond Times-Dispatch

Earnings: Media General, Union First Market, AT&T, 3M and Caterpillar

Richmond-based Media General Inc. reported a net loss for the fourth quarter as the company recorded severance and impairment charges and political advertising revenue declined compared with the previous year.

Comment?

Related Topix: AT&T, Cable & Satellite, Telecom, ATT, Manufacturing, Construction, Insurance, Caterpillar, iPhone, T-Mobile

Winston-Salem Journal

Media General loses $3.3 million in 4th quarter

Lower revenue from broadcast and print divisions led to a $3.3 million loss for Media General Inc.

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Related Topix: Tampa, FL, Science / Technology, Internet, Emerging Technology, Search Engines

Reuters

UPDATE 1-Media General posts Q4 loss

Broadcaster and publisher Media General Inc posted a loss for the third straight quarter as print and broadcast sales fell on lower revenue from political advertisement.

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Fri Jan 20, 2012

Richmond Times-Dispatch

Virginia business: Dominion to boost dividend rate by 7%

The Richmond-based utility said Friday that it will pay a first-quarter dividend of 52.75 cents per share on March 20 to shareholders of record as of March 2. The company set its dividend for all of 2012 at $2.11 per share, compared with $1.97 per share in 2011.

Comment?

Daily Kos

6 reasons Eric Cantor ticks me off, and 6 things you can do to Fire Cantor.

GQ names Cantor The Most Powerful Person in Washington Politico: "The Virginia congressman masterminded, and then masterfully carried out, the GOP's strategy of legislative intransigence that has stymied the White House these past three years," GQ says of the Virginia Republican.

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Related Topix: US Politics, Eric Cantor, US News, Republican, US House of Representatives, Healthcare Law, Law, Barack Obama, Liberal Political News

Wed Jan 18, 2012

The Mechanicsville Local

Fund helps soldiers' families stay by their side

Ken Odor/Media General News Service Paul Galanti, recently talked about the importance of the Families of the Wounded Fund Inc.

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Related Topix: Mechanicsville, VA, Midlothian, VA

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